PGMP · Question #473
A program manager prepares the program for review to secure funding by senior management. Which of the following must the program manager identify when creating the program charter?
The correct answer is A. Milestone dates, budget, and staff details that support it. When creating a program charter to secure senior management funding, the program manager must include milestone dates, budget estimates, and staffing details as the financial and scheduling foundation.
Question
A program manager prepares the program for review to secure funding by senior management. Which of the following must the program manager identify when creating the program charter?
Options
- AMilestone dates, budget, and staff details that support it
- BAssumptions incorporated into the benefits management plan
- CProcess within the organization that will be needed to deliver the product
- DKey decision makers or stakeholders in the program and their expectations and interests
How the community answered
(29 responses)- A93% (27)
- B3% (1)
- D3% (1)
Why each option
When creating a program charter to secure senior management funding, the program manager must include milestone dates, budget estimates, and staffing details as the financial and scheduling foundation.
The program charter is used to secure organizational commitment and funding approval, so it must contain concrete milestone dates, budget figures, and staffing details that senior management can evaluate to make a funding decision. These elements demonstrate feasibility and resource requirements necessary for approval.
Assumptions in the benefits management plan are addressed during benefits planning, which is a separate artifact developed after the charter is approved.
Identifying organizational processes needed to deliver the product is part of program planning activities that occur after charter approval, not during charter creation.
While stakeholder identification is important, key decision makers and their interests are documented in the stakeholder register, not the program charter used to secure funding.
Concept tested: Program charter content for funding approval
Source: https://www.pmi.org/pmbok-guide-standards/foundational/standard-for-program-management
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