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The Standard for Program Management - Fourth Edition differs from prior editions by focusing on the principles of good program management. Program activities have been realigned to program lifecycle phases rather than topics, and the first section was expanded to address the key roles of program manager, program sponsor and program management office. It has also been updated to better align with PMI's Governance of Portfolios, Programs, and Projects: A Practice Guide.
Programs are critical to organizations looking to optimize benefits and achieve strategic objectives. From initiation to benefits realization, program managers and teams unite the efforts of related projects to create more benefits than the sum of their component parts, adding value through the principles of program management.The Standard for Program Management— Fifth Edition is the definitive standard for individuals and organizations seeking to enhance their program management practices. This edition identifies the eight principles that guide behavior within program management practices and trends, establishing the publication as a principle-led standard.A new program management performance domain— Collaboration— is introduced andincorporated with reorganized content for a streamlined approach to reading, understanding, and using the standard. The Project Management Institute (PMI) offers this updated standard as a powerful tool for a broad range of organizations, regardless of their project delivery approach.This edition of The Standard for Program Management is closely aligned to and builds upon the knowledge captured in A Guide to the Project Management Body of Knowledge (PMBOK&® Guide)— Seventh Edition. It can equip anyone involved in program management with clear, complete, and relevant information to improve their practices. This standard is an invaluable resource for portfolio, program, and project managers, as well as senior managers and stakeholders.This standard, which is aligned with other PMI standards, underwent a rigorous review process and is approved by the American National Standards Institute (ANSI).
The Standard for Portfolio Management – Fourth Edition has been updated to best reflect the current state of portfolio management. It describe the principles that drive accepted good portfolio management practices in today's organizations. It also expands the description of portfolio management to reflect its relation to organizational project management and the organization.
Revised edition of The standard for program management, c2013.
Based on practical applications of Program Management in different countries, as well as the leading standards, this book reflects the most recent developments in the area. It offers an understanding of program management's connection to business strategy and value realisation, beyond multiple-project management. Additionally it emphasizes the need for program specific processes, based on an iterative life cycle and the management of multiple stakeholders and their expected benefits. The book is grounded in a robust theoretical framework, complemented by a number of case studies.
PMI's latest foundational standard, The Standard for Organizational Project Management (OPM), expands upon the popular Implementing Organizational Project Management: A Practice Guide, published in 2014. This newly-created standard is a result of survey feedback that revealed acceptance of the approach and increasing interest in an expanded version. OPM is defined as the integration of people, knowledge, and processes, supported by tools across all functional domains of the organization. The approach further advances an organization's performance by developing and linking portfolio, program, and project management principles and practices with organizational enablers (e.g., structural, cultural, technological, and human resource practices) and business processes to support strategic objectives. OPM helps organizations deliver value through the following principles: Aligning strategy Consistent execution and delivery Cross-functional collaboration Adding value to the organization Continuous training Although useful for any organization that is seeking to better meet its strategic objectives, this standard is particularly beneficial for organizations that do not have a unified project management approach.
This is an update and expansion upon PMI's popular reference, The Practice Standard for Project Risk Management. Risk Management addresses the fact that certain events or conditions may occur with impacts on project, program, and portfolio objectives. This standard will: identify the core principles for risk management; describe the fundamentals of risk management and the environment within which it is carried out; define the risk management life cycle; and apply risk management principles to the portfolio, program, and project domains within the context of an enterprise risk management approach It is primarily written for portfolio, program, and project managers, but is a useful tool for leaders and business consumers of risk management, and other stakeholders.
In early 2007, the Project Management Institute (PMI®) piloted the now highly sought after Program Management Professional (PgMP®) credential, reflecting the growing trend for organizations to coordinate the work done on numerous stand-alone projects into a cohesive program-type structure. Written by two successful PgMPs, Implementing Program Management: Templates and Forms Aligned with the Standard for Program Management Second Edition–(2008) is a complete guide that presents a step-by-step methodology, suitable for the novice to the seasoned professional, enabling managers to seamlessly move their programs from theory to practice. Providing a detailed protocol for managing a program from initiation to closure, this volume parallels PMI’s Standard for Program Management–Second Edition (2008). Filling the void in the program management literature, the book goes beyond the best practices listed in the PMI’s Standard to provide detailed guidance for these practices, enabling program managers in any organization to successfully coordinate any program. Recognizing that each organization has unique requirements, the templates described in the text can be customized and tailored as required through a CD-ROM that is included with this book. This unique package of ready-to-use documents, tools, forms, templates, and reports empowers program managers to bring their programs to a successful finish and deliver its intended benefits to stakeholders.
Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.