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Therefore, a project has a finite and well-defined life span. In addition, management must have a very clear idea as to what these objectives are so that there can be no question as to when the project is completed.
The words project and program may be considered to be synonymous. However, the two words have had different acceptance depending on the industry involved. The Department of Defense and their aerospace and electronics customers prefer to use program management. Construction, public works, and product industries prefer the term project management. There is a growing acceptance of the differentiation of a "project" from a "program" in that a program is usually much larger in scope, is activity oriented, and is not necessarily time limited...
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