Effective Program Management Practices

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Effective Program Management Practices Communications of the IBIMA Volume 5, 2008 16 cRisk ManagmentStakeholderManagementPerformanc eManagementContractorManagementOrganizat ionChangeManagementCommunication &GovernancePlanningKnowledgeManagementLe gal Compliance Effective Program Management Practices Sandeep Savla, Infosys Technologies Ltd., Fremont, USA, and email: Abstract Enterprises embarking on the journey of transforming business face dilemma about balanced risk, effects of change and benefits of innovation. Effective Management of large business transformation programs is necessary to minimize the negative impacts of the change. Business would need to focus on planning , performance and controls, governance models, risks and mitigations, change Management and organization readiness, stakeholder Management and contractual Management .

For effective Planning, some of the best practices include: Create program charter to help provide direction, scope and program objectives. Constraints, resources, skills needed, dependencies, assumptions, risks, methodology, implementation plan, control metrics needs to be documented and communicated.

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