The Standard for Program Management - Fifth Edition

Vocabulary flashcards based on the Project Management Institute's Standard for Program Management - Fifth Edition, covering key definitions, principles, and performance domains.

Program

Related projects, subsidiary programs, and program activities managed in a coordinated manner to obtain benefits not available from managing them individually.

Program Management

The application of knowledge, skills, and principles to a program to achieve the program objectives and to obtain benefits and control not available by managing program components individually.

Project

A temporary endeavor undertaken to create a unique product, service, or result.

Subsidiary Program

Programs sponsored and conducted to pursue a subset of goals and benefits important to the primary program.

Program Activities

Work processes or activities conducted to support a program, but which are not directly tied to the subsidiary programs or projects sponsored or conducted by a program.

Portfolio

A collection of projects, programs, subsidiary portfolios, and operations managed as a group to achieve strategic objectives.

Organizational Business Value

The sum of all tangible and intangible elements of an organization that contribute to their purpose or vision.

Program Manager

The person authorized by the performing organization to lead the team or teams responsible for achieving program objectives.

Program Sponsor

An individual or group from a performing organization that provides resources and strategic support for the program and is accountable for enabling success.

Program Steering Committee

A group of participants representing various program-related interests with the purpose of supporting the program by providing guidance, endorsements, and approvals through governance practices.

Program Management Office (PMO)

An organizational management structure that standardizes program-related governance processes and facilitates the sharing of resources, methodologies, tools, and techniques.

Program Management Principles

Fundamental norms, truths, or values that provide guidance for the behaviors and actions of people involved in programs.

Synergy (Principle)

A structured approach that blends portfolio, program, and project management practices to enable the program to accomplish more than what was possible by its individual components.

Team of Teams (Principle)

A structure that integrates team structure to create a network of relationships across components to enhance adaptability and resiliency.

Benefits Management (Performance Domain)

Defines, creates, optimizes, delivers, and sustains the benefits provided by the program.

Strategic Alignment (Performance Domain)

Identifies program outputs and outcomes to provide benefits aligned with organizational strategy goals and objectives.

Governance Framework (Performance Domain)

Enables and performs program decision-making, establishes practices to support the program, maintains program oversight, and ensures compliance with standards and regulations.

Collaboration (Performance Domain)

Creates and maintains synergy across stakeholders, both internal and external, to optimize benefits delivery and realization.

Life Cycle Management (Performance Domain)

Manages the program life cycle and the phases required to facilitate program definition, delivery, and closure.

Program Business Case

A documented economic feasibility study used to establish validity of the benefits to be delivered by a program.

Program Charter

A document signed by a sponsor that authorizes the program management team to use organizational resources to execute the program and links it to strategic objectives.

Program Management Plan

A document that integrates the program's subsidiary plans and establishes the management controls and overall plan for integrating and managing the program's individual components.

Program Roadmap

A chronological representation of a program's intended direction, graphically depicting dependencies between major milestones and decision points.

Risk Threshold

The measure of the degree of acceptable variation around a program objective that reflects the risk appetite of the organization and program stakeholders.

Phase Gate

A review at the end of a phase in which a decision is made whether or not to continue to the next phase, continue with modification, or end a program or program component.

Benefits Register

A document that collects and lists the planned benefits for the program and is used to measure and communicate the delivery of benefits.

Lessons Learned

A compilation of the knowledge gained from executing relevant programs in the past or during the current program journey.