Page 102 - DCAP304_DCAP515_SOFTWARE_PROJECT_MANAGEMENT

Software Project Management

Notes 4.8 Summary

 Program management or programme management is the procedure of organizing
numerous related projects, often with the meaning of improving an organization’s
performance.
 Project Evaluation is a step-by-step process of collecting, recording and organizing
information about project results, including short-term outputs.
 We call it The Golden Thread, as all the successful programmes we have come across use
it, whilst less successful ones don’t.
 Cost/Benefit Analysis is a powerful, widely used and relatively easy tool for deciding
whether to make a change.

 To use the tool, firstly work out how much the change will cost to make. Then calculate the
benefit you will from it.
 Where costs or benefits are paid or received over time, work out the time it will take for
the benefits to repay the costs.
 You may, however, decide to include intangible items within the analysis. As you must
estimate a value for these, this inevitably brings an element of subjectivity into the process.

 The potential risk factors may have an adverse impact on the cost, schedule, or technical
success of the project.

4.9 Keywords

CBA: Cost Benefit Analysis

CFO: Chief Financial Officer
ESU: Enormous State University
PMO: Project Management Officer

4.10 Review Questions

1. Explain why Programme Management is said to be the procedure of managing numerous
ongoing interdependent projects.
2. Program governance creates both the structure and practices to guide the program. Discuss
in detail with an example.
3. At the core or middle of the hierarchy is the program manager/director. Who are present
in the upper most hierarchies? Explain the roles and responsibilities of Program Manager.

4. The financial feature of a program comprises the need to conform to internal. Analyze this
statement and explain in detail.
5. Project managers can also view all resources across all projects in Project Insight. What
types of resources they are talking about? Explain briefly.
6. Explain how to create the programmes using the golden threads? Explain the features of
golden threads in detail.
7. Discuss the individual projects with an example.
8. Good governance is dangerous to program success. Why?

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