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What Are Portfolios, Programs and Projects & How do they fit together?

A FREE course putting Pfs, Pgs & Pjs in context with business and operations

Clarifying the muddle: Portfolio, Program, Project

The culture and character of organisations has evolved through time. What we understand to day as 'best practice' is a meme grown from the 'Scientific Management' movement of Fredrick Winslow Taylor and Henri Fayol. Engineers built stuff and that needed scheduling in a way different from routine operations, only a fraction of the workforce was educated beyond basic arithmetic and reading and the world was sufficiently unconnected that ripples of change died-out before affecting much around them.

Step on 100+ years and much of management procedure struggles to throw off thinking with the same trajectory as the past but now the world is so connected that change in one place ripples everywhere, combining the influences of change from all those other everywheres, the workforce is universally educated and specialised so that now the 'manager' is no longer the expert but ignorant of the work-force's expertise.

"Project" is a word loaded with unhelpful baggage given it by people with a supplier's perspective writing in the 80s from formative experiences gained in the 60s and 70s. Program became adopted as a way of expressing needs not covered by project and portfolio extends the trend. The recent buzz recognises the terms are not well aligned to today's reality - Businesses react to change and pursue stable, beneficial operating models. In total their resource usage is a portfolio, their change activity is best suited to the word program as we use it today because.... lets go see whats in the course! - Scroll down to 'Curriculum' and select the lesson.


This course is gives context relevant to all our on-demand eLearning and instructor led virtual or physical classroom training.
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Curriculum
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  A FREE access slide deck. Courses available as Instructor Led in-person and vLearning
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Your Instructor


SimonHarris
SimonHarris

Hi,

I'm Simon, I've been using Complex Adaptive Systems and agile concepts in IT and non-IT settings for a decade or more, doing projects for 30+ years and teaching project management for 20-plus.

I live in Edinburgh Scotland with my wife and two adult kids

Im a member of the Outcome Delivery Network sharing new, holistic thinking on achieving project success. I run an AXELOS "Accredited Training Organisation" which means I can book you onto their PRINCE2 and PRINCE2Agile exams for @Home exams anytime - Exam Booking details



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