Projects portfolios and dissertations office

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There is a difference between Project, Program and Portfolio but many people use these terms interchangeably in day to day conversations. Different companies use these terms differently. Many people within the same company use them differently. Usually, there is confusion around the meaning of these term. I have written this post to define and differentiate between Project, Program and Portfolio management. I have explained the importance of these terms from an Organizational Management perspective.
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Reflective writing: Reflective frameworks

A portfolio, program, and project- however similar they may sound, their meaning and usage is quite different. They have a specific start and end date. A project is a small unit of large program or portfolio and is managed according to a common objective. It has a lifecycle, consisting of a definite start and end and is considered a closed dynamic system. It is bounded by time, resources, and required outcomes.
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Behaviors of the stock indexes-correlation analyses for the stock markets of Japan, the United States, and China , Kazuma Koseki. Decision making theory with geographic information systems support , Sean Alan McFarland. Awareness of global warming and car purchasing behavior in Singapore , Chika Nakayama. Factors affecting the level of trust and commitment in Tops Supermarket supply chain management, Bangkok , Kamolchanok Saisomboon.
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