Program Governance Board Responsibilities
Program governance is crucial for the successful delivery of programs, ensuring alignment with organizational strategy, stakeholder expectations, and business objectives. The Program Governance Board (PGB) is the main governing body responsible for providing oversight, guidance, and support to the program.
Key responsibilities of the PGB include:
1. Strategic alignment: Ensuring the program aligns with the organization's strategic objectives and delivers expected benefits.
2. Decision-making: Making timely and informed decisions on program scope, resources, risks, and changes.
3. Resource allocation: Approving and allocating resources required for program success.
4. Risk management: Monitoring and addressing program risks and issues.
5. Stakeholder engagement: Ensuring effective communication and engagement with key stakeholders.
6. Performance monitoring: Reviewing program performance and progress against defined metrics and milestones.
How the PGB works:
1. Composition: The PGB consists of senior executives, sponsors, and key stakeholders with decision-making authority.
2. Meetings: Regular meetings are held to review program progress, make decisions, and address issues.
3. Reporting: The program manager provides regular updates and escalates issues to the PGB for resolution.
4. Decision-making: The PGB makes decisions based on the information provided and the program's alignment with organizational objectives.
Exam Tips: Answering Questions on Program Governance Board Responsibilities
1. Understand the key responsibilities of the PGB and how they contribute to program success.
2. Recognize the importance of strategic alignment, decision-making, resource allocation, risk management, stakeholder engagement, and performance monitoring.
3. Familiarize yourself with the composition and working processes of the PGB.
4. Apply your knowledge of PGB responsibilities to scenario-based questions, identifying the most appropriate actions or decisions.
5. Consider the broader context of organizational strategy, stakeholder needs, and program objectives when answering questions related to PGB responsibilities.