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Portfolio, Programme and Project Management (P3M)
Portfolio: Projects, programs, sub-portfolios, and operations managed as a group to achieve strategic objectives.
Program: A group of related projects, subprograms, and program activities managed in a coordinated way to obtain benefits not available from managing them individually.
Project: A temporary endeavour undertaken to create a unique product, service or result.
Source: A Guide to the Project Management Body of Knowledge, Fifth Edition, Project Management Institute