What’s the difference between project management and program management?

In a company you have projects, lots of them, many of the projects are related in some way, whether by division or by project type. A collection of these projects would be called a program and is managed by a program manager. All of the programs in the company roll up into the company wide project portfolio which is lead by an overall portfolio manager. It’s possible to have only projects or projects and an overall portfolio depending on company size and the number of projects.

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