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One of the challenges of IT management is how to manage and deliver transformation projects on time, on budget, in compliance with the quality standards, while achieving the business’s requirements. BAI01 Manage Programs and Projects is good guidance to ensure that IT management has overall project management knowledge.
In accordance with ISACA’s definition, “program” is defined as a structured grouping of interdependent projects that are both necessary and sufficient to achieve a desired business outcome and create value. These projects could include, but are not limited to, changes in the nature of the business, business processes and the work performed by people, the competencies required to carry out the work, the required technology, and the organizational structure. “Project” is defined as a structured set of activities concerned with delivering a defined capability (that is necessary, but not sufficient to achieve a required business outcome) to the enterprise based on an agreed-on schedule and budget. In other words, the program is a master plan that includes a number of projects. BAI01 defines the following management practices:
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