As the program manager at Tech Innovators Inc., you are preparing to launch a new strategic program. The company already has an established corporate governance structure with defined policies, procedures, and standards. Which action best ensures that the program's governance approach remains consistent with these company-level requirements?
Substitute a well-known project management methodology such as Scrum as the primary governance approach for the program.
Select an external recognized governance framework (for example, COBIT) and adapt it to the company's environment.
Tailor the organization's existing governance framework to the program's needs while keeping corporate policies, procedures, and standards intact.
Design a unique governance framework specifically for the program from scratch.
The most effective approach is to start with the company's existing governance framework and tailor it-rather than replace it-to the particular needs of the program. This preserves alignment with corporate policies, procedures, and standards while still allowing the flexibility needed for program-specific reporting, decision-making, and controls. Adopting an external framework or inventing a new one may create conflicts or redundancies, and substituting a project management methodology does not address the broader governance needs of a program.
Ask Bash
Bash is our AI bot, trained to help you pass your exam. AI Generated Content may display inaccurate information, always double-check anything important.
What is a governance framework?
Open an interactive chat with Bash
What are the benefits of aligning a program with governance requirements?
Open an interactive chat with Bash
What are common governance frameworks used in project management?
Open an interactive chat with Bash
PgMP
Governance
Your Score:
Report Issue
Bash, the Crucial Exams Chat Bot
AI Bot
Loading...
Loading...
Loading...
Project Management Package Join Premium for Full Access