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What is Program Management?
Have you ever worked on a project for a major company initiative and at or near its release, you learned about a change in another project for the same major initiative, which impacted your project, causing a lot of rework and putting you behind schedule? What am I saying? You're in IT, so of course you have. That scenario is way too common in our field, but it doesn't have to be. Some large and medium-sized organizations use program management to avoid that fiasco.
Developing Your Program Concept
Programs don't just happen. They're ambitious and expensive. Senior leadership knows programs can provide a competitive advantage in the marketplace. But to turn your program idea into reality, you first need to get it approved, which is not a simple task. That process starts with a program concept. That means transforming a strategic idea into a clear, actionable plan that does a few things. It aligns with organizational goals, defines a program's vision, scope, and objectives, and guides decision making, resource allocation, and when and how to engage with stakeholders. A strong concept brings clarity, collaboration, and focus, unites the team, sets achievable expectations, and provides a North Star or Southern Cross for managing changes and tracking progress throughout the program.
Putting It All Together: Program Concept Development
In the final video for each chapter, starting with this one, I'm going to take you through an example scenario, showing you how everything you've learned in that chapter comes together in the real world. Ready?
Globe Bank International recently acquired its largest competitor. A few months after the merger, Globe faced a significant challenge managing redundant IT systems from both organizations. The inefficiencies were projected to cost over a million dollars annually. For example, Globe Bank International and the bank they acquired each had a customers database. When Globe wanted to send out a mailing, it pulled names and addresses from both databases. This was fine for individuals who were customers of one bank or the other, but what about those who were customers of both banks? They were getting twice the junk mail, and Globe was wasting money sending out duplicate mailers. There was also the issue of IT having to perform double the work every time a change was needed to the customers database.



