What focuses on project interdependencies to determine the optimal approach for managing benefits?

Program Management is centered around managing a group of related projects in a coordinated way to achieve benefits and control not available from managing them individually. This approach emphasizes understanding the interdependencies between projects, which allows program managers to optimize resources, prioritize project activities, and align outcomes with broader organizational goals. By analyzing these interdependencies, program management can effectively assess and manage risks, optimize performance, and ensure that the combined benefits of the program are realized.

In contrast, project management focuses on the management of individual projects, while portfolio management deals with the selection and prioritization of a collection of projects and programs based on strategic objectives. Resource management is concerned primarily with the effective allocation and utilization of resources, without the broader context of interdependencies among projects. Hence, the correct answer highlights the specific role of program management in evaluating and managing the interconnected benefits derived from related projects.