Program Management Glossary of Key Terms for IT Professionals
This is from the LinkedInLearning course: Program Management for IT Professionals.
Material from online training.
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Baseline: The approved version of a project plan or schedule, used as a reference to measure progress and performance
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Benefits Realization: The process of ensuring that program outputs deliver the intended value and benefits to the organization
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Business Case: A justification for a proposed program, outlining its benefits, costs, risks, and alignment with strategic objectives
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CCMP (Certified Change Management Professional): A certification for professionals skilled in managing organizational change and ensuring successful transitions
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Change Control: A systematic approach to managing changes to a program’s scope, schedule, or resources
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Change Review Board: A group of stakeholders, usually executives, responsible for reviewing and approving changes to a program or project
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Cost Benefit Analysis (CBA): A method to evaluate the financial and non-financial costs and benefits of a program to determine its feasibility
Deliverable A tangible or intangible output produced as a result of program activities, intended to meet specific objectives
Downstream Activities, dependencies, or processes that occur later in the workflow and are affected by upstream decisions, such as implementation, execution, or end-user adoption
Feasibility The assessment of whether a program or project is technically, financially, and operationally viable
Governance The framework of rules, processes, and structures that ensure program alignment with organizational goals and compliance
Interdependencies The relationships and interactions between multiple programs, projects, or tasks within an organization
Key Performance Indicators (KPIs) Quantifiable metrics used to evaluate the success or performance of a program against defined objectives
Methodology A structured approach or set of principles and practices used to plan and execute programs and projects
Milestone A significant point or event in a program, often used to measure progress
Organizational Change Management (OCM) The process of managing the people-side of change to achieve the desired outcomes of a program or project
PMP (Project Management Professional) A globally recognized certification for project managers offered by the Project Management Institute (PMI)
PgMP (Program Management Professional) A certification for program managers, validating advanced experience and skills in managing multiple related projects
Portfolio Management The centralized management of multiple programs and projects to achieve strategic objectives
Program A collection of related projects managed in a coordinated way to achieve strategic benefits and objectives
Program Charter A formal document authorizing a program, defining its objectives, scope, and stakeholders
Program Concept The initial idea or vision for a program, outlining its purpose and intended outcomes
Program Glossary A document defining key terms and concepts used within a program to ensure consistency and clarity
Program Kickoff The formal start of a program, where objectives, stakeholders, and initial plans are communicated
Program Management Office (PMO) A centralized unit responsible for establishing standards, practices, and governance for managing programs
Program Manager A professional responsible for overseeing and coordinating multiple related projects to achieve program goals
Program Planning The process of defining objectives, scope, schedules, resources, and risks to guide program execution
Program Schedule A comprehensive timeline that integrates the schedules of all projects within a program, outlining key milestones, dependencies, and delivery dates to ensure alignment with program objectives
RACI Matrix A responsibility assignment chart that defines who is Responsible, Accountable, Consulted, and Informed for specific tasks or deliverables in a project or program
Responsible: The person or team directly performing the work required for a task or deliverable. Responsibility can be delegated. Accountable: The individual ultimately answerable for a task or deliverable’s success or failure, typically the decision-maker. Accountability cannot be delegated. There can be only one person who is accountable for a particular task. Consulted: Individuals or groups who provide input, advice, or expertise to inform decisions or actions Informed: Stakeholders who need to be kept updated on progress or decisions but are not directly involved in executing tasks RAID Log A structured tool to track Risks, Assumptions, Issues, and Dependencies throughout a program.
Risk: A potential event or condition that could negatively impact program objectives if it occurs Assumption: A premise considered true for planning purposes, which could impact the program if proven incorrect Issue: A current problem or challenge that has already occurred and requires immediate resolution Dependency: A reliance on internal or external factors that are critical for program success Resource Allocation The process of assigning available resources, such as personnel, budget, and tools, to program activities
Resource Optimization The process of maximizing the efficiency and effectiveness of resources to achieve program goals
Risk Management The systematic process of identifying, analyzing, and mitigating risks that could impact a program
Roadmap A high-level plan outlining the timeline, milestones, and deliverables for a program
ROAM Framework A method to categorize risks as Resolved, Owned, Accepted, or Mitigated for effective management
Resolve: Addressing a risk immediately by implementing a known solution to eliminate it Own: Assigning a risk to a specific individual or team responsible for managing it Accept: Acknowledging a risk and choosing to proceed without immediate action, as it falls within acceptable thresholds Mitigate: Developing and implementing a plan to reduce the likelihood or impact of a risk ROI (Return on Investment) A measure of the financial gain or benefit derived from a program relative to its cost
Scope Creep The uncontrolled expansion of a program’s scope due to additional requirements or changes without proper approval
Shared Calendar A collaborative tool used to manage schedules, deadlines, and meetings across program stakeholders
Stakeholder An individual, group, or organization with an interest in or impact on the program’s outcomes
Stakeholder Engagement The process of involving individuals, groups, or organizations that can affect or are affected by the program’s outcomes
Stakeholder Mapping The process of identifying and analyzing stakeholders to understand their influence, interests, and impact on the program
Strategic Alignment Ensuring that programs and projects are aligned with the organization’s overarching goals and strategy
Strategic Thinking The ability to consider long-term goals, trends, and impacts when planning and executing programs
Steering Committee A group of high-level stakeholders who provide guidance, oversight, and support for a program’s success
Technical Acumen The knowledge and expertise required to understand and manage the technical aspects of a program
Upstream Activities, dependencies, or processes that occur earlier in the workflow and impact subsequent phases, such as requirement gathering, strategy development, or stakeholder alignment