A group of related projects managed in a coordinated manner to obtain benefits not available from managing them individually.
Question
A group of related projects managed in a coordinated manner to obtain benefits not available from managing them individually.
Solution
The definition you provided refers to a "program" in project management terminology. In project management, a program consists of multiple related projects that are managed in a coordinated way to achieve specific objectives and benefits. By grouping these projects together, organizations can optimize resource use, align their strategic goals, enhance communication, manage risks more effectively, and achieve greater efficiency.
Managing projects as part of a program allows for better alignment with organizational strategies and can lead to improved outcomes by leveraging shared resources and knowledge across the projects. This collective management further enhances the ability to react to changes and challenges in a more holistic way, ultimately delivering increased value to stakeholders.
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