CAPM Practice Question
Which of the following is best described as a group of related projects managed in a coordinated way to obtain benefits not available from managing them individually?
Project
Program
Portfolio
Operation
Which of the following is best described as a group of related projects managed in a coordinated way to obtain benefits not available from managing them individually?
Project
Program
Portfolio
Operation
A program is a group of related projects managed in a coordinated manner to achieve benefits and control not available from managing them separately. Programs focus on interdependencies between projects to optimize resource utilization and achieve broader objectives. A project is a temporary endeavor undertaken to create a unique product, service, or result, but it does not involve managing multiple projects together. A portfolio is a collection of projects, programs, and operations managed collectively to achieve strategic business objectives, but it is broader in scope and not limited to related projects. An operation involves ongoing, repetitive activities that sustain the business. Therefore, the description best fits a program.
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