Many organizations, while accustomed to the demands of managing individual projects, are ill-equipped to handle the complexity of larger-scale programs. Here are 10 essential elements of program management.
The past decade has seen a considerable increase in the level of awareness, formal education, application and standardization of project management as a recognizable discipline for accomplishing relatively narrow organizational goals. Yet program management — in the form of a structured set of methods, tools and techniques — has only recently seen popularity gains. Much of this emergence of interest may be attributed to increasingly demanding business environments and communities.
Organizations can no longer rely on past beliefs, expertise and technology to succeed. The rapid pace of innovation and the rising level of management, stakeholder and consumer expectations demand that companies reassess and reinvent every facet of their existence in order to survive, compete and flourish. Resolving the struggle between tradition and transformation requires a vehicle for managing change that can be trusted. This is the essence of program management.
Evidence of the growing importance of program management as a discipline in its own right is reflected in the launch of a formal Program Management Professional certification by the Project Management