Distinguishing project, programme and portfolio management

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There is often a misunderstanding, and hence a mixed and overlapping use of terms, when it comes to programme management. Sometimes a programme is called a project. Sometimes a project is called a programme. In addition, sometimes project portfolio and programme are mistakenly used interchangeably.

This article is intended to clarify the main differences and to distinguish the unique aspects of project portfolios, programmes, and projects

Developing resilience

“I have not failed. I have just found 10,000 ways that won’t work” – Thomas Edison

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According to legend, Thomas Edison made thousands of prototypes of the incandescent light bulb before he finally got it right. And, since the prolific inventor was awarded more than 1,000 patents, it’s easy to imagine him failing on a daily basis in his lab at Menlo Park.

In spite of struggling with “failure” throughout his… [continue reading at Mind Tools]