Program Management Professional (PgMP) — Question 21

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?

Answer options

• A. Yes, only component projects may have different funding sources.
• B. Yes, the program and its components may have different funding sources.
• C. No, the program and the project must be funded by the same organization.
• D. No, component projects must be funded by program funds.

Correct answer: A

Explanation

Answer A is correct because it specifies that component projects are allowed to have separate funding sources, which aligns with the scenario presented. Answers B, C, and D are incorrect as they either misinterpret the funding structure or impose restrictions that do not apply to component projects.