During the execution phase of a complex technology program, the program manager observes that one component project is underperforming and its expected benefits are diminishing. Concurrently, another project shows potential to exceed its original benefit targets. The program manager decides to redirect funds and specialized personnel from the underperforming project to the high-potential one. This action is the BEST example of what?
This scenario is a classic example of benefit optimization. Program managers are responsible for overseeing the program as a whole and making strategic adjustments to maximize the total value delivered. Reallocating resources from lower-impact components to higher-impact ones is a key technique for optimizing and enhancing overall program benefits. While this action relates to other processes like change control and risk management, its primary purpose in this context is to improve the program's benefit realization.
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What is benefit optimization in program management?
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PgMP
Benefits Management
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