Similar projects are grouped into programs. Project Managers manage projects. Program Managers manage programs. The following success factors arise out of a program's culture. The Program Manager who heads the program is instrumental in developing this culture. A positive, supportive, structured culture makes projects self-regulating and success almost automatic.
These factors characterize a successful project:
- Stability of operations that leads to a progressive improvement in operational efficiency
- A deliberate strategy of balance between operations and new projects
- Deliverables delivered on time and on budget
- Clear lines of accountability
- Clear channels of communication
- A stable and well-understood budget process
- A learning opportunity for the staff
- Clear and well-understood PM and decision processes
- Clear objectives for success
- Happy stakeholders
- Constant alignment with the program or portfolio
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