Differences

1 2 3

It has a start and end with goals and Achieves a specific scope that is
It has to deliver some form of
series of tasks that tries to deliver a driven by the objectives of the
certain product or service. It involves program or portfolio. Short-term benefits that can be calculated in
Project resources like money, people and
figures and statistics
equipment and depends on the
funding
e.g. complete a computer lab
setup in 3 months

Programme
Each series of projects has a specific
A programme is a series of projects, Long – term and is coordinated with
e.g. a fast food restaurant goal
franchise wants to set up a that tries to achieve a certain the assistance of a project manager.
restaurant in Fiji. Their goal business strategy or objective  Benefits are not possible if managed
would be to capture the market
separately.
completely and it would start
up different projects that
focuses with specific age group
customers and another could
be focus on the existing
competitors.
Portfolio
e.g.
an IT company can provide
mobile application; PC
maintenance, web designing.
This aligns with organization’s
objectives and strategies by selecting
the right programs or projects and
giving focus to those that needs
resources
It is a combination of the projects
and programmes that an
organization takes on
Goals of a project are taken from the
type of portfolio that has been
created and depends on resources
such as funding. The goals are
Return on Investment (ROI)

References
CEI56: IT Project Management Week 2 Topic 1: Project Management Overview. (2020). Presentation,
https://elearn.usp.ac.fj/pluginfile.php/590279/mod_folder/content/0/Week%202%20Resources-20190709.zip?forcedownload=1.
Fernandes, J. (2015). Difference Between Project, Program, Portfolio and Operational Work - Whizlabs Blog. Whizlabs Blog. Retrieved 16 February 2020, from
https://www.whizlabs.com/blog/difference-between-project-program-portfolio-and-operational-work/.

Malik, P. 3 Key Differences Between Project Program & Portfolio Management. Pmbypm.com. Retrieved 16 February 2020, from
https://www.pmbypm.com/difference-project-program-and-portfolio/.