Crucial Exams

PgMP Practice Question

A program manager for a multinational corporation is leading a strategic program to develop a new AI-driven analytics platform, which is central to the company's five-year goal of market leadership. The program involves a joint development partnership with a niche, innovative startup that possesses a key proprietary algorithm. The executive sponsor is pressuring the program manager for rapid development to capture first-mover advantage, while the Chief Technology Officer has raised concerns about protecting the company's long-term innovation capabilities. Which intellectual property (IP) consideration is the most crucial for the program manager to prioritize to balance these competing demands and ensure strategic alignment?

  • Executing a simple, non-exclusive licensing agreement for the startup's algorithm to accelerate the development timeline and meet the sponsor's demand for speed.

  • Implementing a comprehensive Non-Disclosure Agreement (NDA) and focusing development efforts internally to reverse-engineer a similar algorithm, thus avoiding IP entanglement.

  • Proposing the formation of a separate joint venture (JV) entity to hold all newly created IP, ensuring a clear legal separation and shared risk between the two parent companies.

  • Structuring a joint ownership agreement that grants the corporation exclusive rights to the final integrated platform, while allowing the startup to retain ownership of its background IP (the pre-existing algorithm).

PgMP
Strategic Program Alignment
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