Program Management Professional (PgMP) — Question 68

An initiative involves the development of new technology and leverages existing technologies. It is determined critical by the program governance board and the program sponsor that a comprehensive risk management plan be put in place.
In what phase is the risk management plan created?

Answer options

Correct answer: A

Explanation

The risk management plan is established during the Program definition phase, where the scope and framework of the project are outlined. The other phases, such as Program execution management and Program delivery, focus on implementing and delivering the project rather than planning the risks associated with it.