Difference Between Project Program & Portfolio Management

project program portfolio management

You might be looking for the difference between Project, Program and Portfolio Management. I have written this post to define, explain, and compare these terms from an Organizational Management perspective. In this post, you will find examples and diagrams that will help you to understand these terms. In addition, you will also find a brief … Read more

The Ultimate Guide On Project Dependencies With Examples

project dependencies definition examples

I have written this article to provide complete details of project dependencies. It discusses all aspects of dependencies in project management including definition, meaning, and description. It also includes explanatory diagrams and small examples. You will also find difference between project dependencies, assumptions, constraints, and risks in this article. Project Dependencies – Definition & Meaning … Read more

The What, Why And How of Project Constraints

project constraints

You might want to understand what project constraints are and how are they different from assumptions, dependencies and risks. A project constraint is any factor that hinders or restricts the options of the project team. There are six primary constraints in project Management viz. Scope, Time (Schedule), Cost (Budget), Quality, Resources, and Risk. Out of … Read more

What are Project Assumptions?

assumptions in project management

Do you know what the difference between Project Assumptions, Constraints and Dependencies is? As a young Project Manager I was always confused about 3 Project Management terms.  I was confused about the meaning of Project Assumptions, Project Constraints and Project Dependencies. I could not differentiate one from the other. I used to think that it … Read more

When Should You Treat Competitors As Project Stakeholders?

Do you thinks competitors are project stakeholders? Some say that’s obvious! They are Negative Project Stakeholders. They assert that, according to the PMBOK Guide, Competitors are not Project Stakeholders. Many PMP books state the same thing. But is it really true? Let me answer this question with some examples. Organizational Competitors vs. Project Stakeholders Since … Read more

How is Project Sponsor Role Different From Customer’s?

project sponsor role definition customer

When you think about project funding, you would think about Project Sponsor Role. So what is the role of Customer? Doesn’t Customer provide funds for the project? Is Project Sponsor same as Customer? I am often asked these kind of questions during PMP and other project management training workshops. Let us look at the definition … Read more

5 Differences Between Project Charter and Contract

project charter

Project Charter Definition, Meaning and Purpose A few years ago, I got an assignment to setup PMO for a small software services company. After understanding their business and organization structure, I advised them to start creating Project Charter (PC) for every project. I provided a brief overview of PC to the main stakeholders and gave … Read more