Milestones are checkpoints for monitoring and controlling the program at appropriate levels. High-level milestones are developed with work breakdown structure (WBS), scope statements and benefits realization plan. This ensures the program is perfectly aligned to deliver the organization benefits.
A Program scope statement is a process of defining the program objectives to lead the program towards success. High-level program scope statements are developed by consulting with essential stakeholders. This allows the program team to develop the program benefits to meet the organization’s goals and objectives.
Program scope statement serves as a base for the whole program life cycle. It is used to identify the constraints, assumptions, objectives, goals, influences and vision of the program. This facilitates the overall planning for achieving the benefits of the program.
Integration opportunities are implemented for achieving the program benefits. This process blends human capital, human resource requirements, skill sets, facilities, finance, assets, processes and systems within the constituent projects. It integrates program benefits within and across the organization.
Strategies are essential for managing a program to achieve organizational benefits. At times, the program benefits can be maximized by exploiting alternative strategic plan. The alternative strategic plan ensures to increase the benefits realization of the program.
Program charter represents the high-level costs, milestone, schedule, resources involved and benefits. A program manager, in alignment with the organization strategy and objectives, creates a program charter. It is then presented for organization leadership approval to initiate the program.
Program charter is a documentation of the program scope, vision and mission statement. The program manager authors the program charter with consultation from all the essential stakeholders. It is then presented to the program sponsor who authorizes the program charter based on the organization strategy.