PROGRAM LIFE CYCLE PHASES Flashcards
INITIATION OUTPUT (8)
- Approved Pg Charter
- Assigned PgM & Executive Sponsor
- ID possible Sponsors & Governance Board members
- ID Key Stakeholders & expectations/interests
- List of potential program projects/components
- Creation of Infrastructure needed to manage the program
- Key resources needed to setup Pg (accountability matrix may be used)
- Program Roadmap
CHARTER COMPONENTS (13)
- Justification & Vision from Bus Case 2. Map to Strategic Goals 3. Desired Outcomes 4. Prelim Scope 5. Benefits to be delivered and prelim Benefits strategy/plan 6. Assumptions & Constraints 7. Prelim Component List 8. Risks and Issues ID’d so far 9. Total time length estimate with Key Milestones 10. Estimated Cost and Resources 11. Prelim Stakeholder list, positions, and mgmt strategy 12. Recommended Gov Strategy 13. High-Level Roadmap
ACCOUNTABILITY MATRIX (what & when create)
Created in the Initiation Phase to identify and assign program roles and responsibilities to build the core team and to differentiate between program and project resources.
WHAT DOES CHANGE MGMT PLAN CONTROL?
- Scope
- Quality
- Schedule
- Cost
- Contracts
- Risks
- Rewards
5 DOMAINS OF PgMGMT
- STRATEGIC PROGRAM MGMT
- PROGRAM LIFE CYCLE
- BENEFITS MGMT
- STAKEHOLDER MGMT
- GOVERNANCE
5 PHASES OF PROGRAM LIFE CYCLE
- INITIATING
- PLANNING
- EXECUTING
- CONTROLLING
- CLOSING
INITIATING PHASE
Defining the program and projects to ensure alignment with strategic objectives, and obtaining agreement from stakeholders
PLANNING PHASE
Defining program scope and developing the program, including all projects, and all activities that occur within the program
EXECUTING PHASE
Performing work necessary to achieve the program’s objectives and deliver the program’s benefits
CONTROLLING PHASE
Monitoring the prograss, updating program plans as required, managing change and risk
CLOSING PHASE
Finalizing all program activities, including all constituent projects, executing transition plan, archiving, obtaining approvals, and reporting
STRATEGIC PROGRAM MANAGEMENT
Identifying opportunities and benefits that achieve the organization’s strategic objctives through program implementation
BENEFITS MANAGEMENT
Defining, creating, maximizing, and sustaining the benefits provided by programs
STAKEHOLDER MANAGEMENT
Capturing stakeholder needs and expectations, gaining and maintaining stakeholder support, and mitigating/channeling opposition
GOVERNANCE
Establishing processes and procedures for maintaining proactive program management oversight and decision-making support for applicable policies and practices throughout the entire program life cycle.