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PGMP · Question #2

PGMP Question #2: Real Exam Question with Answer & Explanation

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Program Governance

Question

You are a program manager for your organization. You have proposed a program to the management that will last four years and will cost $35 million to create. Management has asked to see the program charter and the proposed costs and benefits of the program. Management agrees to your program charter and proposed to fund the program in increments at the completion of each milestone. What type of funding does management proposed for this program?

Options

  • ATentative
  • BStep funding
  • CMilestone approval
  • DPhase gate estimating

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Topics

#Program Funding#Financial Management#Program Governance#Milestone-based Funding
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