Managing the Program
Russ J. Martinelli, James M. Waddell, Tim J. Rahschulte · 2014
This chapter provides an example of a business decision framework and discusses the critical aspects of managing a program within that framework. Following a decision on the program strategy and one or more capability concepts addressing how the program strategy will be achieved, the next major business decision on a program is normally the program investment decision. The next major business decision on a program—the execution readiness decision—centers on ensuring that the program team has a plan for execution of the program strategy. With an integrated, cross-organizational program plan in place and resources and funding committed to execute the program, the next major business decision ahead of the program team is the capability release decision. The final business decision—the program closure decision—can be made to formally stop all program activities and reallocate resources and funding to other programs in the portfolio.