Program Management Practices (PMP) is an official business definition that is used to refer to the activities and processes used to manage and execute programs. It includes the planning, execution, and oversight of programs.
PMP is a comprehensive system for managing the scope, resources, and timeline of a program. It serves as a framework for managing the many components of a program, from initial concept through to program closure. PMP involves developing a series of objectives, defining the resources needed to achieve those objectives, and ensuring that the program is completed within the given timeline.
It also involves monitoring the program’s progress and making adjustments as needed. PMP is used to ensure that the program is completed on time and within budget, while also meeting the quality and performance standards set forth. It also ensures that all stakeholders, including customers, vendors, and team members, are satisfied with the program’s outcome.