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Program Life Cycle and Benefits Management

Target Audience
Expected Duration
Lesson Objectives
Course Number

Regardless of the industry, programs and program management help organizations effectively implement corporate strategies. To achieve the planned benefits and outcomes of your program, you need to manage its benefits across its life cycle. This life cycle will vary, depending on the type of program. However, if you understand the general phases in the program life cycle, you can adapt the life cycle model and program benefits to satisfy the strategic goals that your program aims to meet. This course describes the program life cycle, including why it's important to organize programs into phases, the key distinctions between program and project life cycles, and how program benefits and governance are managed across the life cycle. Also covered are the activities carried out in each phase of the program life cycle, with examples from different program scenarios. With a foundational knowledge base reflecting the most up-to-date program management information, learners can effectively put principles to work at their own organizations. The course will assist the learner in initial preparation for the PMI® Program Management certification exam. It is aligned with The Standard for Program Management – Second Edition, published by the Project Management Institute (PMI®), Inc., 2008. Copyright and all rights reserved. Material from this publication has been reproduced with the permission of PMI®.

Target Audience
Those with intermediate to expert level knowledge of project management and the associated methodologies prescribed by the Project Management Institute (PMI®), Inc and the Project Management Body of Knowledge (PMBOK® Guide). This curriculum will be of particular interest to current Project Managers who want to want to prepare for the Program Management Certification.

Expected Duration (hours)

Lesson Objectives

Program Life Cycle and Benefits Management

  • recognize the relationship among the elements of the program life cycle
  • match each program life cycle phase with its description
  • recognize how to manage benefits for a specific program across the program's life cycle
  • identify the function program governance serves across the program life cycle
  • identify appropriate activities to be undertaken during the pre-program preparations phase, in a given scenario
  • recognize the type of activities that are undertaken during the program initiation phase, in a given scenario
  • recognize appropriate activities that are undertaken during the program setup phase, in a given scenario
  • identify examples of activities performed in the deliver benefits phase of a program
  • recognize how to close a program
  • identify ways to sustain benefits after program closure
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