Final answer:
Program management does not focus on project interdependencies within the project.
Step-by-step explanation:
The false statement is option A: Program management does not focus on project interdependencies within the project. In fact, program management does focus on project interdependencies and ensures that projects within a program are coordinated and aligned to achieve the program's objectives.
A project may or may not be a part of a program, but a program will always have projects. Programs are a collection of related projects that work together to achieve strategic objectives.
A portfolio refers to the projects, programs, sub-portfolios, and operations as a group to achieve strategic objectives. This statement is true.
Some of the projects undertaken by an organization may not belong to any program, but every project is a part of a portfolio. A portfolio is a collection of all the projects, programs, sub-portfolios, and operations being managed by an organization.