Crucial Exams

PgMP Practice Question

Following the approval of a program charter for a digital transformation initiative, the executive sponsor expresses concern about the financial commitments versus the timeline for value realization. To reinforce confidence and maintain sponsorship, what is the program manager's most appropriate next step?

  • Develop a high-level program roadmap illustrating key milestones, dependencies, and points of benefit realization.

  • Initiate detailed financial analysis and cost-benefit analysis for each component project.

  • Create a comprehensive stakeholder engagement plan to manage board and sponsor expectations.

  • Launch a pilot project immediately to demonstrate quick wins and build momentum.

PgMP
Strategic Program Alignment
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