Project, Program and Portfolio Management

Start with the relationships

Begin with the mind map on project definitions. It describes a project as temporary work that produces a specific result, with a beginning and an end. It also introduces projects, programs and portfolios. Follow it with the map on relationships among portfolios, programs and projects, which includes prioritizing work and providing resources.

The flashcards on projects, programs and portfolios offer another way to work through distinctions. They include differences between projects and portfolios, along with aspects of compliance.

Explore portfolio management

The Portfolio Management mind map covers product, project and resource portfolios. It also lists goals such as value, risk balance and strategic alignment. For a related view, the LPM Section 2 flashcards cover enterprise strategy formulation, strategic themes and objectives.

Other maps on the page address change management at the portfolio level and strategic planning and lean portfolio management. Together, these resources give you different starting points for studying portfolio work.

Use maps and quizzes together

After studying Portfolio Management, try Practice 2. Its questions include the balance between organizational change and other activity, as well as portfolio practices. Another quiz, Otro 3, asks about senior management commitment and governance. Return to a map after a question to look again at the related ideas.

The notes on organizations and processes compare portfolios, programs and projects and include stakeholders and organizational structures. A separate mind map lists process groups, including initiating, planning, executing, monitoring and controlling, and closing.

Place the topic in its unit

This page is a section of Project Management Frameworks, Process Groups and Governance in Business administration and management (incl. project management). The process-groups map and the notes on organizations and processes connect this topic to that unit. Choose a resource that matches what you are studying, then use a quiz to check your understanding.