BICSI
RCDDV15 · Question #158
A program manager initiates a developmental program. Significant resources and funding are required (or early activities until the program cost and budget estimates are complete What should the…
The correct answer is C. Establish program financial framework. See the full explanation below for the reasoning.
Program Life Cycle Management
Question
A program manager initiates a developmental program. Significant resources and funding are required (or early activities until the program cost and budget estimates are complete What should the program manager do to understand the financial environment?
Options
- AMap costs to the expected benefits realization
- BEstablish intermediate budget based on historical information
- CEstablish program financial framework
- DObtain intermediate funding from the executive sponsor
How the community answered
(32 responses)- A6% (2)
- B3% (1)
- C78% (25)
- D13% (4)
Topics
#financial framework#budget estimation#early funding#program finances
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