A new component project is approved by the program governance board. The funding for this component project will be provided by an organization different from the organization funding the program.
Would this be an acceptable funding arrangement?
Suggested Answer: A
Get Premium PgMP Questions
as Interactive Web-Based Practice Test or PDF
Real Exam Format
Detailed Explanations
Instant Access
Get Your Practice Test
33 comments · newest first
SE
Selma
11 months ago
No way, I thought they had to be from the same org.
AD
Adelle
11 months ago
Component projects often have separate funding, so yes!
CH
Chauncey
12 months ago
Wait, can they really do that? Seems risky.
NA
Nakita
12 months ago
Definitely agree, B is the way to go!
LA
Lawrence
1 year ago
I think it's fine for different funding sources.
FE
Felix
1 year ago
I recall something about funding arrangements, but I can't remember if component projects are strictly tied to program funds. D seems too strict, though.
TH
Theola
1 year ago
I’m a bit confused. I thought all projects under a program needed to be funded by the same organization. Could it be C?
LE
Leonor
1 year ago
I feel like I saw a similar question in practice exams, and it mentioned that programs and components can have different funding. So maybe it's B?
AL
Alyssa
1 year ago
I think I remember that component projects can have different funding sources, but I'm not entirely sure if that's always the case.
AB
Abraham
1 year ago
I'm confident I know the answer to this. The program and its components can have different funding sources, so B is the correct choice.
LO
Louann
1 year ago
Okay, I've got a strategy for this. I'll focus on the key terms like "program" and "component project" to figure out the acceptable funding arrangements.
VI
Vi
1 year ago
Hmm, I'm a bit unsure about this one. I'll need to review the program management principles to determine if different funding sources are allowed.
ST
Starr
1 year ago
This seems like a tricky question. I'll need to think through the program governance and funding rules carefully.
CA
Carmen
2 years ago
D) What is this, communist Russia? No way the program and its projects should be tied to the same purse strings. B is the only answer that doesn't make me want to throw my laptop out the window.
TR
Trina
2 years ago
A) Nah, man. That's way too restrictive. Gotta keep those funding sources diverse, like a well-balanced portfolio. B is the way to go!
EL
Elvis
2 years ago
B) Agreed, it allows for better risk management and resource allocation.
WI
Willard
2 years ago
A) Exactly, having diverse funding sources is important for flexibility.
JE
Jenelle
2 years ago
B) Yes, the program and its components may have different funding sources.
SH
Shawnda
2 years ago
A) For sure, it's like spreading out your investments for better stability.
NI
Nikita
2 years ago
A) Yes, only component projects may have different funding sources.
NA
Naomi
2 years ago
B) Definitely, having different funding sources can help mitigate risks.
SU
Sunny
2 years ago
A) Yeah, I agree. It's important to have flexibility in funding sources.
SU
Susy
2 years ago
Hmm, I was leaning towards C, but B makes sense. Can't have the program and its projects all under the same wallet, that's just asking for trouble.
RE
Rene
2 years ago
Vanesa: Definitely. It's better to keep things separate when it comes to funding.
VA
Vanesa
2 years ago
I agree. It's important to have some separation to avoid potential issues.
AL
Alyce
2 years ago
I think B is the right choice. It's okay for the program and its components to have different funding sources.
DA
Darnell
2 years ago
I disagree. I believe the program and the project should be funded by the same organization to ensure alignment and accountability.
PE
Pearlene
2 years ago
I agree with Tegan. As long as the project gets funded, it shouldn't matter where the money comes from.
KA
Kasandra
2 years ago
B) Definitely the right answer. It's common for a program to have different funding sources for its components. Keeps things flexible, you know?
BE
Ben
2 years ago
B) Yes, the program and its components may have different funding sources.
SA
Sarah
2 years ago
B) Definitely the right answer. It's common for a program to have different funding sources for its components. Keeps things flexible, you know?
RO
Rory
2 years ago
A) Yes, only component projects may have different funding sources.
TE
Tegan
2 years ago
I think it's okay for the component project to have a different funding source.