Program Governance

Correct Answer: Senior executives, program sponsor, key stakeholders, and occasionally external advisors

Typically, a Program Governance Board includes senior executives, the program sponsor, and key stakeholders to provide oversight, strategic direction, and resources needed for the program. Occasionally, external advisors may be included for specific insight, but they are not as common as the core members. The wrong answers are designed to be plausible by including various roles that might be involved in a program but are not typically part of the governance board's consistent composition. For example, project managers and technical leads have critical roles within the execution of program components but usually do not sit on the governance board. The mention of legal advisors in the longest incorrect answer adds complexity, pointing toward necessary compliance and risk management considerations which might confuse someone not familiar with the standard composition of a Program Governance Board.

Correct Answer: To provide a decision-making framework that aligns the program with organizational objectives and ensures stakeholder engagement

The primary purpose of program governance is to provide a decision-making framework that aligns the program with organizational objectives and ensures stakeholder engagement. This framework establishes guidelines, roles, and responsibilities to ensure the program is executed in a manner consistent with the organization's goals and values, while actively involving relevant stakeholders. The other options focus on strict adherence to predefined processes, complete authority of the program manager, or rigid change management, which do not align with the collaborative and adaptive nature of effective program governance.

Correct Answer: Establishing clear roles, responsibilities, and decision-making processes for program stakeholders

Establishing clear roles, responsibilities, and decision-making processes for program stakeholders is the most critical aspect for ensuring the successful delivery of program benefits. A well-defined governance structure ensures that all stakeholders understand their roles, responsibilities, and the decision-making hierarchy within the program. This helps in effective communication, timely decision-making, and resolving conflicts or issues that may arise during the program's lifecycle. While risk management, communication, and change management are important aspects of program management, they are not as critical as having a robust governance structure in place. A comprehensive governance framework provides the foundation for all other program management activities and is essential for aligning the program with the organization's strategic objectives and ensuring the realization of intended benefits.