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| Section | Weight | Objectives |
|---|---|---|
| Stakeholder Management | 16% | - Identify stakeholders and analyze their expectations and interests. - Develop strategies to engage stakeholders effectively throughout the program lifecycle. |
| Benefits Management | 11% | - Identify, plan, and manage benefits realization. - Ensure that the program achieves its intended benefits and value creation. |
| Strategic Program Management | 15% | - Define the high-level road map and financial framework to set a baseline for program definition, planning, and execution. - Define the program mission statement by evaluating the stakeholders' expectations. - Perform an initial program assessment by defining the program objectives, requirements, and risks to ensure alignment with the organization's strategic plan, objectives, priorities, vision, and mission statement. - Establish a high-level road map with milestones and preliminary estimates to obtain initial validation and approval from the executive sponsor. |
| Governance | 14% | - Maintain oversight and decision-making frameworks across the program lifecycle. - Establish a governance framework including policies, procedures, and standards. |
| Program Life Cycle Management | 44% | - Coordinate the concurrent and sequential execution of program components. - Managing the program from initiation to closure, including planning, execution, and monitoring. |
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NEW QUESTION # 719
The contract is expected to cost $280K US. Actual costs are $240K US. There is a 50/50% share for any cost savings. What is the total value of the contract?
Answer: B
NEW QUESTION # 720
You are the program manager for your organization. Management is considering a new program but they are worried about the program risks that may affect the program success. You know that there are three positive risks responses and three negative risk responses that each risk can have. Management asks you which risk response would be most appropriate for a large risk event if they wanted to hire a third-party to own the risk event for the program. What risk event is most appropriate?
Answer: B
NEW QUESTION # 721
You are the program manager for your organization. Part of your role as the program manager is to train John, a new program manager, on the program processes within a program. John is confused as to when the program team can be acquired in the program management lifecycle. When will the program team be acquired for a program?
Answer: A
NEW QUESTION # 722
Which of the following tools/techniques keep program managers and executives informed of the program's progress?
Answer: D
NEW QUESTION # 723
You are identifying stakeholders for your program to create new software for your organization.
The software will affect the ordering by the customer, the manufacturing of the product, inventory, and account management. Sarah, a key stakeholder in your program, is skeptical of one application affecting so many parts of the organization. She prefers that several applications be created instead of the approach your program will take. In stakeholder identification how would you categorize Sarah?
Answer: A
NEW QUESTION # 724
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