Program management is all about managing a group of projects in a coordinated way to deliver benefits that would not be possible if the projects were independently managed. P3’s add-on program module provides essential program management features such as ranking  projects according to benefits realization and resource optimization to maximize program benefits and return on investment. The Periodic tracking (for example, daily, weekly, monthly, quarterly, annually) of any activity’s progress by systematically gathering and analyzing data and information is called Monitoring. It provides regular feedback and early indications of progress (or lack of progress). Its purpose is to permit the management and stakeholders to make informed decisions regarding the effectiveness of programs and the efficient use of resources.