Life Cycle of a Program
- Change Management: Planning for changes and their impacts on the program.
- Communications Management: Establishing a plan for internal and external communication within the program.
- Cost Estimation: Creating cost estimates considering various factors, and providing guidelines for component-level cost estimation.
- Financial Framework (a) & Management (b): Establishing and managing the program’s financial structure, including funding sources, budget, and cost control.
- Information Management: Planning how program data and information will be prepared, collected, organized, and secured.
- Procurement Management: Preparing to acquire necessary products and services.
- Quality Management: Identifying and aligning quality standards across the program, ensuring it meets its objectives while adhering to quality requirements.
- Resource Management: Ensuring effective allocation and use of resources (people, equipment, materials) across the program’s components.
- Risk Management: Establishing a structured approach to identifying, analyzing, and responding to risks in the program.
- Schedule Management: Defining the order, timing, and significant milestones needed to produce program benefits.
- Scope Management: Aligning and planning the program’s scope to ensure delivery of expected benefits.