Programme Management can play a vital role

Depending on the size of your company and the number of projects that are being run there may be the need for more programme management. A program is defined as a group of related projects that all contribute to the same business objective or benefit. A program as a whole should have a clear, defined goal, and each project within the program assists in meeting those goals.

So a programme manager is less concerned with the success of every single individual project, and more focused on the success of the overall initiative and achieving the larger benefit. A programme manager looks at cross-project dependencies, risks, issues, requirements, and solutions, and may coordinate with individual project managers to achieve these insights and keep the overall program healthy.

Program managers are involved with making sure the right projects are chosen or prioritised in order to achieve the optimal business value. Projects often have a specific end date; programs however may be ongoing initiatives. Successful programs tend to work towards improvements that will have a long-term impact on the organisation. Programme management is sometime called multi-project management, and this is not a bad way of seeing it. Put simply it means the projects of one organisational unit are managed concurrently sharing the same resource pool. Interestingly there are no worldwide uniform definitions for the terms program management and multi-project management.

Whatever we call it HPS believe it is vital to have the right systems in place. For larger organisations it makes good business sense to manage some projects as programs. By doing so it gives greater control and makes it easier to coordinate and prioritise resources across projects, and oversee progress and outcomes.

https://www.wrike.com/blog/difference-project-and-portfolio-management/