Definder - what does the word mean?

What is Program Manager?

The person at your job who has an ambiguous role, disappears into conference rooms for hours at a time, and hasn't ever done anything that pertains to your work (that you know of). No one knows what this person does. They are quite literally Milton from Office Space.

The new guy Fabian, from Google, told me he is a program manager. Does anyone know what that actually means?

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Program Manager - video