Project Governance, Portfolio & Project Management

PROGRAMS 1. A. What is the difference between a project and a program? List at least two reasons that organizations benefit when projects are grouped as a program.

B. Name one real-world example of a program. Explain how your example fits the definition of a program and list at least ONE challenge that you think the organization faces in this managing this program. Just use your best judgment based on your own knowledge and what you have learned in the course. Note - you MUST explain your example to receive credit for section B.

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PORTFOLIOS 2. A. What is the difference between a portfolio and a program? From the coursework, name at least two reasons that managing a portfolio is more complex than a program.

B. Name one real-world example of a portfolio. Explain how your example fits the definition of a portfolio and list at least ONE challenge that you think the organization faces in this managing this portfolio. Just use your best judgment based on your own knowledge and what you have learned in the course. Note - you MUST explain your example to receive credit for section B.

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IT GOVERNANCE 3. A. Name one methodology we studied for IT governance and describe the chief benefit of that methodology.

B. Name at least one negative consequence when organizations do not utilize effective IT governance.

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PMO 4. A. Name at least 3 benefits of a PMO to an organization. B. Based on the articles we read, name one important sign that an organization should set up a PMO.

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5. In the case study that you analyzed for your team project, AtekPC management was in conflict over whether the deployment approach for their PMO and could not agree whether it should be a "heavy PMO model" vs. a "light PMO model." A. Describe in a few sentences the difference between the two models. Then explain which model your team chose - or if you chose another approach - and why. B. Why do you think AtekPC can't come to agreement on an approach?

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COURSE LESSONS - YOUR INSIGHTS This course covered key concepts - programs, portfolio management, PMOs and IT governance - that are critical to anyone pursuing a career in IT or project management. At the same time, many business professionals, including your classmates in other programs, may not have been exposed to this information. Imagine you were approached by an interested colleague or fellow student to tell them what you learned in this class. Name ONE KEY CONCEPT that you would share with that person that you think would benefit them professionally.

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