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Program Management vs Project Management: Definition & Differences Explained in 2024
- Program management involves managing multiple related projects, whereas project management usually refers to a singular project at a time.
- Program managers oversee multiple related projects with unified goals, whereas project managers focus on single projects or project portfolios.
- Project managers often report to a program manager, while a program manager reports to key stakeholders.
- Project managers may progress to program manager positions, but that's not the only career path. Certification courses are available for both roles.
- Both program and project managers can expect to earn an average salary of over $100,000 in the US.
- Program governance, KPI creation, stakeholder liaison, support for project managers, risk assessment, budgeting and adjustment are all responsibilities of a program manager.
- Creating project timelines, tasks, priorities, assigning tasks, managing workloads, highlighting milestones and morale management are the key responsibilities of project managers.
- Portfolio management involves managing unrelated projects, while product management is about delivering specific products.
- Program and project management software can be used to help track projects and teams effectively.
- A project manager may progress to program management, earn a higher salary and hold more responsibilities, but both roles are critical to ensure project success.
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