Please comment on the statements below. Right, Wrong or Close?

I think the difference between the program and the project in project management is: Efforts: The endeavors in a project are largely distinct. A project is an endeavor of a band of individuals working in unity to attain a shared purpose. A program, which is a group of projects. It demands for the dependency among the projects and therefore multiple efforts. Functioning: A project is well well-defined as it is plainly stated by the project charter. Its formation is well-defined. A program holds a larger point of uncertainty. It also holds a larger group range. Benefit: The advantages obtained from a project are obvious, a permanent result for which the group performs. However, the result of a program will be either tangible or intangible. Its advantages are the amount of all the benefits from various projects under it. Duration: The project has a fixed lifetime which is shorter than a program. The program aims to provide additional material, so it takes more time.