The PMBOK Refresher

Understanding How Program Management Adds Business Value

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  1. To optimize program value, program management collectively aligns its projects, subprograms, and operations to what?
    • Program-level organizational strategy.
  2. To optimize program value, name seven program elements that are managed collectively.
    1. All program objectives.
    2. All program dependencies.
    3. All program costs.
    4. All program schedule time-lines.
    5. All program benefits.
    6. All program resources.
    7. The reduction of all program risks.
  3. How may program management optimize those seven elements?
    1. By aligning each element with program-level organizational strategy.
    2. By optimizing the relationships between program elements.
  4. Name three benefits provided by the program overall view.
    1. An overall view of how strategic goals are reflected in the program.
    2. An overall view of how to institute appropriate governance management in the program.
    3. An overall view of how to allocate resources in the program.

 

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