A new component project is approved by the program governance board. The funding for this component project will be provided by an organization different from the organization funding the program. Wou

Question

Options

• AYes, only component projects may have different funding sources.
• BYes, the program and its components may have different funding sources.
• CNo, the program and the project must be funded by the same organization.
• DNo, component projects must be funded by program funds.

• A
  87% (26)
• B
  3% (1)
• C
  7% (2)
• D
  3% (1)

Explanation

In program management, the program itself has a centralized, primary funding source from its sponsoring organization. However, individual component projects may have supplemental or alternative funding from different organizations-particularly in cases of joint ventures, grants, or cross-functional investments. The key distinction is that this flexibility is available at the component project level, not for the program as a whole. This arrangement is acceptable and does not undermine program governance, as long as the program manager maintains oversight of all components regardless of their funding source.

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