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Before explaining what a program management plan is, it is important that we are clear on the difference between program and project management. In many ways, they are similar except for one fundamental difference. The difference is that, in project management, your effort is directed towards making it fully deliverable, without affecting quality and staying on the agreed time and budget. Program management, however, follows Lawstar of making the organization profitable by co-managing multiple projects. Another difference is that projects can be contracted. The project running an organization is working for a stakeholder, who may or may not be part of that organization. A real estate company building a skyscraper is likely to take bids from construction contractors rather than undertaking housework in the project. However, programs are almost always managed within an organization. That is, the program manager is not a contract worker, but a part of big business; And the program manager is inextricably linked to their strategic goals and objectives. To sum it up, projects are temporary and deliver a service or product, and programs are a set of related projects that are managed collectively to achieve benefits that cannot be achieved individually.