Which of the following best describes the relationship between programs and projects?

The correct answer describes the relationship between programs and projects accurately as programs consisting of multiple interrelated projects. In program management, a program is defined as a group of related projects that are managed in a coordinated manner to achieve benefits and control not available from managing them individually.

The interrelated nature of projects within a program means that they often share resources, contribute to a common objective, and are managed collectively to maximize efficiency and effectiveness. This approach allows for better alignment with strategic goals and facilitates overall benefit realization.

Understanding this relationship is essential, as it emphasizes the importance of coordination and synergy among projects within a program, which ultimately leads to improved project outcomes and organizational success.