Project, Program, Portfolio, and Project Management
System for value delivery
Project Performance domains
Stockholder performance domain
Team Performance Domain
Development Approach and Life cycle performance domain
Project Planning Performance domain
Project Work Performance Domain
Delivery Performance Domain
Measurement performance Domain
Uncertainty Performance domain
Project Management Quiz
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Information flow in System for value delivery
A value delivery system functions effectively when information and feedback are consistently shared among all components.
Information flows from senior leadership to portfolios, then to programs and projects, and finally to operations, Deliverables from programs and projects are transferred to operations along with relevant support and maintenance information.
Governance structure in System for value delivery
A governance structure works alongside the value delivery system to enable smooth workflows and support decision-making.
Governance systems provide a framework with defined functions and processes that guide project activities.
Projects can operate within a program, portfolio, or as standalone activities. In some organizations, a Project Management Office (PMO) may support programs and projects within a portfolio.
Project Governance Involves defining the authority to approve changes and make business decisions related to the project, ensuring that projects align with strategic objectives and maintain accountability.