To create ease in crafting a workable project schedule hierarchy and a reliable work breakdown structure, it is important to understand the power behind the objective. This risk breakdown structure template, for example, shows project risk broken down into technical risk, management risk, and external risk: GET THIS TEMPLATE Once you’ve constructed your risk breakdown structure, you’ll be ready to do a deep dive into each risk (to assess and plan for any triggers and outcomes). Pieter De Wet, Service Leader, Programme Management: One of the fundamental differences, as far as project and programme managers are concerned, is that a project manager tends to be aware of everything that is happening on their project. Organization: BVOP.org Price: $130 Budget planning, management and control is significantly more complex in the context of a program. Figure 3: Program Hierarchy Conclusion This article addresses our view that even though the terms program management and project management are often used interchangeably, they are related but distinctly different disciplines. The project organization chart establishes the … Program management is similar to project management, yet very different from it. Project managers plan, develop, monitor, control and execute projects, doing everything from putting together groups of skilled workers to designing the structure and schedule of the project. How Organizational Structure Influences Project Management. By asking, “why,” you can uncover the reasons behind the objective. Program Managers may be responsible for revenue and costs that are critical to an organization's financial results. Program Change Management is an Executive Leadership Capability Project Managers have considerable authority over the project in this organzational structure. Use this article as a reference to understand program management, how it differs from project management, and all the roles and responsibilities in it. Essentially, a project management office (PMO) is a central place to make sure company standards, procedures and practices are being followed to ensure projects are successful. 5. The exam includes questions from the project management, program management, and product management sections of the course materials. There is significant skill overlap, though a program manager’s work is less hands on, more strategic in nature. Project financial management is focused on spending to budget. Two of the key project aspects affected by organizational structure types are Project Manager Authority and Resource Availability. from The Rational Edge: Increasingly, large enterprises are recognizing that good governance is a requirement for ensuring the alignment of major program initiatives with business strategy and direction. This latest article in a series on program management describes best practices for defining the functions and roles involved in the governance of a large program effort. The Project Management Structures www.pm4dev.com Fig, Project Organization Chart (use another example) Creating the project structure is only a part of organizing the project; it is the actual implementation and application that takes the most effort. However, within programme management, at the senior levels, it is management by exception. According to the Project Management Institute (PMI), a PMO also “facilitates the sharing …