- 📦 project — a single effort to create a specific product, service, or result
- 🔗 program — a group of related projects managed together to achieve a bigger goal and gain extra benefits
- 🗂️ portfolio — a collection of projects and programs (not necessarily related) aligned with the organization’s overall business goals
👉 simple way to remember:
- project = one effort
- program = related projects
- portfolio = everything combined
👉 hierarchy:
project → program → portfolio