Abstract
Over the recent decade, the efficient implementation of project and program management has become very crucial for business success. Many researchers are anxious about successful use of various project programs. Organizations, in their turn, are in constant search for the efficient tools for managing desired objectives and reducing possible obstacles in today’s competitive international commerce. This writing presents the managing approaches and discusses key elements of the project and program management framework. Additionally, the paper introduces the standard development phases of a project, which efficient application may reduce risks and costs and promote prosperity. Also, detailed studies and survey ...