MSP-FOUNDATION practice question 7 of 25

What is the purpose of programme governance?

Full set: 117 questions
Answer options
A: To ensure the internal controls to protect assets, earning capacity, and the reputation of the organization
B: To enable the organization to do the 'right' projects and programmes, and to do them 'correctly'
C: To control the work, ensuring transparency and creation of value by the programme Correct answer
D: To recognize uncertainty and a diverse range of risk types within a programme
Correct Answer:
C. To control the work, ensuring transparency and creation of value by the programme
Explanation

The purpose of programme governance is to provide a framework of authority and accountability to direct and control a programme. This framework, overseen by the sponsoring group, ensures that the programme's work is managed effectively, that decision-making is transparent, and that the programme remains focused on creating value and delivering its intended outcomes and benefits. It establishes the structures, roles, and processes necessary for effective oversight and control throughout the programme's lifecycle, ensuring it stays aligned with organizational objectives.

Why Incorrect

A. This is a description of corporate governance, which operates at the organizational level, not specifically at the programme level.
B. This describes the purpose of portfolio management (selecting the 'right' programmes) combined with programme management (doing them 'correctly'), not programme governance itself.
D. This describes the purpose of risk management. While risk management is a critical component of programme governance, it is not its sole or overarching purpose.

References

1. AXELOS. (2020). Managing Successful Programmes (MSP) 5th Edition. TSO (The Stationery Office).

Chapter 5, Section 5.1, 'Purpose': "The purpose of the Governance theme is to ensure that the programme has sufficient leadership, authority, and senior management support to direct the change and deliver the desired outcomes and benefits. Programme governance enables the sponsoring group to direct and control the work, ensuring transparency and the creation of value by the programme." This directly supports option C.

2. AXELOS. (2011). Management of Portfolios (MoP). TSO (The Stationery Office).

Chapter 2, Section 2.2, 'What is portfolio management?': This guide defines portfolio management's goal as ensuring an organization invests in the 'right' initiatives and delivers them 'correctly'. This confirms that option B is the definition of portfolio management, not programme governance.

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