Why you Should Know the Difference Between a Portfolio, Program, and Project in Project Management. скачать в хорошем качестве

Why you Should Know the Difference Between a Portfolio, Program, and Project in Project Management.

Are you confused about the difference between a Project, a Program, and a Portfolio? You aren't alone. Most people use these terms interchangeably, but in the professional world, getting them wrong can stall your career—or your company’s strategy. In this video, we break down the Project Management Hierarchy so clearly that you’ll never confuse them again. Whether you are studying for your PMP certification or leading a PMO, this is the only guide you need. Did you know that a Portfolio Manager can actually cancel a successful Project if it doesn't align with the business strategy? Stay tuned to the end to find out how these three levels interact and who holds the real power in an organization. In this tutorial, we cover: a) What is a Project? The foundation of it all. A temporary endeavor with a defined beginning and end (e.g., building a new app). b) What is a Program? A group of related projects managed together to achieve "synergy" or benefits you couldn't get if you managed them alone. c) What is a Portfolio? The high-level view. A collection of projects, programs, and operations managed as a group to achieve strategic business objectives. Keywords: Portfolio vs program vs project, difference between portfolio program and project, project management fundamentals, program management vs project management, portfolio management explained, PMI portfolio program project, PMO portfolio governance, outputs vs outcomes vs benefits, strategic alignment in project management. #ProjectManagement #PPM #PortfolioManagement #ProgramManagement #PMP #BusinessStrategy #ManagementTraining #ProjectManager #PMPExam Timestamps: 00:00 Introductions 01:02 What is Portfolio, Program and Project 05:12 What is a Portfolio 05:53 What is a Program 06:53 What is a Project 09:24 Portfolio Key Focus 10:30 Sub-Portfolio 13:27 Program Key Focus 16:37 Project Key Focus 21:25 Key Differences (Portfolio, Program & Project) 21:56 Governance Perspective 23:13 Common Mistakes You can also check additional videos: 👉 How to Nail Project Initiation    • Project Initiation Components EXPLAINED: C...   👉 Successful Project Kickoff    • How to Run a Successful Project Kickoff Me...   👉 Project Risk Management in 35 Minutes    • Project Risk Management Explained | From T...   👉 7 Steps To Project Planning    • 7 Steps To Project Planning (Product-Based...   👉 Essential Project Management Skills:    • The Best Skill That Makes or Breaks Projec...   👉 Lessons Learned from 15 successful projects:    • Lessons From 15 Successful projects   Call to Action: 👍 Like this video if you found it helpful! 🔔 Subscribe to our channel for more project management tips and insights. 💬 Leave a comment below and tell us about your experience with shared project roles. Additional Information: 👉 Accessing Project Manager Skills Checklist: https://projectastute.com/project-man... 👉 Get more on Project Management Documentation Checklist: https://projectastute.com/project-doc... 👉 Accessing Project Planning Checklist: https://projectastute.com/project-pla... 👉Want to know project management fundamentals: https://projectastute.com/project-man... 📘 Follow me on X: https://x.com/nombira 👉 Contact Infor oscarmbira@projectastute.com