Approach: Program Management Office - Defined
Portfolio Program Management (PPM) PPM organizes a series of projects (usually two or more Programs) into a single portfolio allowing Executives to manage these projects as they do other investment portfolios. This offers a full end-to-end view of critical project information and holds the organization responsible for promised ROI.
Program Management Office (PMO) Holistic management of a group of projects that is interrelated and/or interdependent to maximize efficient use of resources through consistent process and tools.
Project * 1. A temporary endeavor undertaken to create a unique product or service. 2. Projects are performed by people, constrained by limited resources, and planned, executed, and controlled. A project is a temporary endeavor undertaken to create a unique product or service. Temporary means that every project has a definite beginning and a definite ending. Unique means that the product or service is different in some distinguishing way from all similar products and services. Projects are often critical components of the performing organizations' business strategy.
* Definitions from Wideman Comparative Glossary of Project Management Terms v.3.1
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