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PGMP · Question #204

What is another term that can be assigned to the pre-program analysis and research to determine if a program should be initiated?

The correct answer is B. Feasibility study creation. A feasibility study is conducted before a program is formally initiated to evaluate whether the program is viable, practical, and worth pursuing. It analyzes technical, financial, legal, and operational factors to determine if the program should be started. A business case is cre

Strategic Program Management

Question

What is another term that can be assigned to the pre-program analysis and research to determine if a program should be initiated?

Options

  • AProgram scope statement definition
  • BFeasibility study creation
  • CBusiness case creation
  • DProgram charter creation

How the community answered

(24 responses)
  • B
    88% (21)
  • C
    4% (1)
  • D
    8% (2)

Explanation

A feasibility study is conducted before a program is formally initiated to evaluate whether the program is viable, practical, and worth pursuing. It analyzes technical, financial, legal, and operational factors to determine if the program should be started. A business case is created after feasibility is established and focuses on justifying the investment with cost-benefit analysis. A program charter formally authorizes the program and is created after the decision to initiate has been made. A program scope statement defines the work to be performed and is developed during planning, not pre-initiation.

Topics

#Program Initiation#Feasibility Study#Pre-program Activities#Strategic Alignment

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