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	<title>Comments on: Project vs. Program vs. Portfolio Management</title>
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	<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/</link>
	<description>Vaughan Merlyn on the Changing Role of the IT Organization</description>
	<lastBuildDate>Wed, 07 Dec 2011 19:30:54 +0000</lastBuildDate>
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		<title>By: Robert Steele</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2085</link>
		<dc:creator><![CDATA[Robert Steele]]></dc:creator>
		<pubDate>Fri, 22 Jul 2011 22:59:35 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2085</guid>
		<description><![CDATA[Well said. Too often, it does become a &quot;cop out&quot; (and a sometimes arrogant) way of disregarding those skills and methodologies that have been researched and refined for decades (or centuries arguably). The successful project manager comes somewhere in between, where he or she can adapt to what needs to be adaptable and stay strict to those places where the project requires it.]]></description>
		<content:encoded><![CDATA[<p>Well said. Too often, it does become a &#8220;cop out&#8221; (and a sometimes arrogant) way of disregarding those skills and methodologies that have been researched and refined for decades (or centuries arguably). The successful project manager comes somewhere in between, where he or she can adapt to what needs to be adaptable and stay strict to those places where the project requires it.</p>
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		<title>By: Vaughan Merlyn</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2084</link>
		<dc:creator><![CDATA[Vaughan Merlyn]]></dc:creator>
		<pubDate>Fri, 22 Jul 2011 18:53:03 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2084</guid>
		<description><![CDATA[You raise a great point re: &quot;work management&quot; Robert. On the one hand, this makes sense given the lack of consistency around the definitions.  On the other hand, it is, as they say, a &quot;cop out&quot; and risks further reinforcing a lack of clarity.  There are good reasons why scientists are so obsessive about hierarchical structures - atom, electron, nucleus, etc.  Rigid hierarchies and the precision they imply are the underpinnings of good science, and good science is the underpinning of good exploration and understanding.  If we give those things up in the world of IT we put ourselves at great risk, IMHO.]]></description>
		<content:encoded><![CDATA[<p>You raise a great point re: &#8220;work management&#8221; Robert. On the one hand, this makes sense given the lack of consistency around the definitions.  On the other hand, it is, as they say, a &#8220;cop out&#8221; and risks further reinforcing a lack of clarity.  There are good reasons why scientists are so obsessive about hierarchical structures &#8211; atom, electron, nucleus, etc.  Rigid hierarchies and the precision they imply are the underpinnings of good science, and good science is the underpinning of good exploration and understanding.  If we give those things up in the world of IT we put ourselves at great risk, IMHO.</p>
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		<title>By: Robert Steele</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2083</link>
		<dc:creator><![CDATA[Robert Steele]]></dc:creator>
		<pubDate>Fri, 22 Jul 2011 15:57:42 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-2083</guid>
		<description><![CDATA[&quot;I have to acknowledge that the terminology here, though well defined in the project management literature and sources such as Wikipedia, is not universal or used consistently.&quot;

I particularly agree with this statement. As the lines between project, program, and portfolio vary so greatly from company to company and are so blurred between industries, it is hard to exactly define them. I&#039;ve also had a difficult time looking through the many software solutions claiming to be specific to the type of management it handles. They say things like, &quot;For all your portfolio needs,&quot; or &quot;Manage your tasks with ease,&quot; or &quot;See how successful your programs can be.&quot; (Rhyme not intended.) Because of all this confusion, I think that is why work management is beginning to be chosen over the strict process and definitions of project management and all its related components and disciplines. Work management encompasses all of it in a more dynamic way. It doesn&#039;t dwell on defining the hierarchical structures of work, and just lets people get to the point. I am not saying that everything about project management is debunked. In fact, all of its processes are still applicable, but they function in a more adaptable way.]]></description>
		<content:encoded><![CDATA[<p>&#8220;I have to acknowledge that the terminology here, though well defined in the project management literature and sources such as Wikipedia, is not universal or used consistently.&#8221;</p>
<p>I particularly agree with this statement. As the lines between project, program, and portfolio vary so greatly from company to company and are so blurred between industries, it is hard to exactly define them. I&#8217;ve also had a difficult time looking through the many software solutions claiming to be specific to the type of management it handles. They say things like, &#8220;For all your portfolio needs,&#8221; or &#8220;Manage your tasks with ease,&#8221; or &#8220;See how successful your programs can be.&#8221; (Rhyme not intended.) Because of all this confusion, I think that is why work management is beginning to be chosen over the strict process and definitions of project management and all its related components and disciplines. Work management encompasses all of it in a more dynamic way. It doesn&#8217;t dwell on defining the hierarchical structures of work, and just lets people get to the point. I am not saying that everything about project management is debunked. In fact, all of its processes are still applicable, but they function in a more adaptable way.</p>
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		<title>By: A Review of this Blog in 2010 &#171; IT Organization Circa 2017</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-1858</link>
		<dc:creator><![CDATA[A Review of this Blog in 2010 &#171; IT Organization Circa 2017]]></dc:creator>
		<pubDate>Thu, 06 Jan 2011 11:39:13 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-1858</guid>
		<description><![CDATA[[...] Posts Project vs. Program vs. Portfolio ManagementThe Accidental Project ManagerExploring an IT Operating Model for Enterprise 2.0 - Part 2CIO vs. CTO [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Posts Project vs. Program vs. Portfolio ManagementThe Accidental Project ManagerExploring an IT Operating Model for Enterprise 2.0 &#8211; Part 2CIO vs. CTO [...]</p>
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	<item>
		<title>By: Onur DURUSÖZ, PMP &#187; Blog Arşivi &#187; Bir PMP&#8217;nin Sık Kullanılanları :)</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-1256</link>
		<dc:creator><![CDATA[Onur DURUSÖZ, PMP &#187; Blog Arşivi &#187; Bir PMP&#8217;nin Sık Kullanılanları :)]]></dc:creator>
		<pubDate>Tue, 16 Mar 2010 11:55:31 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-1256</guid>
		<description><![CDATA[[...] Project vs. Program vs. Portfolio Management « IT Organization Circa 2017 [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Project vs. Program vs. Portfolio Management « IT Organization Circa 2017 [...]</p>
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		<title>By: Portfolio Management: So Much More Than a Collection of Projects! &#171; IT Organization Circa 2017</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-607</link>
		<dc:creator><![CDATA[Portfolio Management: So Much More Than a Collection of Projects! &#171; IT Organization Circa 2017]]></dc:creator>
		<pubDate>Wed, 11 Mar 2009 21:39:05 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-607</guid>
		<description><![CDATA[[...] Posts ITIL: Necessary, but not sufficient!Project vs. Program vs. Portfolio ManagementShadow IT: The Good, The Bad, and the UglyThe Economy, Information Technology and Opportunity [...]]]></description>
		<content:encoded><![CDATA[<p>[...] Posts ITIL: Necessary, but not sufficient!Project vs. Program vs. Portfolio ManagementShadow IT: The Good, The Bad, and the UglyThe Economy, Information Technology and Opportunity [...]</p>
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		<title>By: itorganization2017</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-605</link>
		<dc:creator><![CDATA[itorganization2017]]></dc:creator>
		<pubDate>Tue, 10 Mar 2009 19:16:40 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-605</guid>
		<description><![CDATA[Tiyiselani, I had the same question from a reader last week, and created a new post to answer it. Please see my post at http://vaughanmerlyn.com/2009/03/06/the-art-and-science-of-grouping-projects-into-programs/

I hope that helps - thanks for your quesiton!]]></description>
		<content:encoded><![CDATA[<p>Tiyiselani, I had the same question from a reader last week, and created a new post to answer it. Please see my post at <a href="http://vaughanmerlyn.com/2009/03/06/the-art-and-science-of-grouping-projects-into-programs/" rel="nofollow">http://vaughanmerlyn.com/2009/03/06/the-art-and-science-of-grouping-projects-into-programs/</a></p>
<p>I hope that helps &#8211; thanks for your quesiton!</p>
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		<title>By: Tiyiselani</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-603</link>
		<dc:creator><![CDATA[Tiyiselani]]></dc:creator>
		<pubDate>Tue, 10 Mar 2009 11:28:41 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-603</guid>
		<description><![CDATA[Hi, im student form UJ and i would like to know about  how your organasation group its projects into progarm and i also need to know how do you go on creating your project portfolio.thank you!]]></description>
		<content:encoded><![CDATA[<p>Hi, im student form UJ and i would like to know about  how your organasation group its projects into progarm and i also need to know how do you go on creating your project portfolio.thank you!</p>
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		<title>By: itorganization2017</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-591</link>
		<dc:creator><![CDATA[itorganization2017]]></dc:creator>
		<pubDate>Fri, 06 Mar 2009 13:08:57 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-591</guid>
		<description><![CDATA[Siyasanga, thanks for your question.  It is an important question, but I won&#039;t answer it by email - I think other readers of this blog may benefit from this discussion, so I will write a new post on this topic.]]></description>
		<content:encoded><![CDATA[<p>Siyasanga, thanks for your question.  It is an important question, but I won&#8217;t answer it by email &#8211; I think other readers of this blog may benefit from this discussion, so I will write a new post on this topic.</p>
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		<title>By: Siyasanga</title>
		<link>http://vaughanmerlyn.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-590</link>
		<dc:creator><![CDATA[Siyasanga]]></dc:creator>
		<pubDate>Thu, 05 Mar 2009 12:59:32 +0000</pubDate>
		<guid isPermaLink="false">http://itorganization2017.wordpress.com/2007/10/15/project-vs-program-vs-portfolio-management/#comment-590</guid>
		<description><![CDATA[I&#039;m doing a reaserch on how do organizations group their projects into programs, please tell me how do they go about doing  that. e-mail me as soon as possibel]]></description>
		<content:encoded><![CDATA[<p>I&#8217;m doing a reaserch on how do organizations group their projects into programs, please tell me how do they go about doing  that. e-mail me as soon as possibel</p>
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