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project is a unique process consisting of a set of coordinated and controlled activities with start and finish dates, undertaken to achieve an objective conforming to specific requirements including the constraints of time, cost and resources.”
A program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually.
a portfolio is an effective, centralized management (including identifying, prioritizing, authorizing and controlling) of a collection of projects or programs and other work that are grouped together to meet strategic business objectives.
The projectis the work to be performed
The programme is split and distributed to project duration
Investment is on the project's economic
Project: Manage efforts to achieve specific scope,
Program: Manage efforts achieve specific benefits support organization strategic goals,
Portfolio: Manage efforts to achieve organization strategic Goals,
Project is a collection of correlated activities to produce specific output within time frame.
Program is a collection of related projects managed together in a centrealizing manner to maximize the benefits.
Portfolio is a collection of projects or programs not necessary to be related but to satisfy an investement target.
Simply.
Project is a unique process.
Program is a collection of Projects.
Portfolio is a collection of Projects and Programs.
· project is a unique process in which you have a schedule , start date , finish date and specific target according to the plans put from the executive management.
· program consists of a group of projects with common targets as a part of the organization.
· portfolio is to manage, plan, organize, filter and control the whole wide range projects of the organization in order to put the strategic plans to reach the vision of the organization.
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