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PgMP - Introduction to Program Management - Relationship between Project, Program, and Portfolio Management
Beginner
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A company has several ongoing projects contributing to a common strategic objective. The projects share resources and are managed in a coordinated manner to achieve benefits that would not be possible if managed independently. This scenario best describes:
a.
Operations management, which entails the ongoing activities of designing, overseeing, and controlling the process of production and redesigning business operations in the production of goods or services.
b.
Program management involves the coordinated management of multiple projects contributing towards a common objective to achieve benefits not available from managing them separately.
c.
Project integration management, focusing on the processes required to ensure that the various elements of the projects are properly coordinated.
d.
Strategic project management, an approach that involves aligning project, program, and portfolio management practices with strategic organizational objectives.
Beginner