At the beginning of the second year of a five-year strategic cycle, the program management team attends a checkpoint session to review the state of the company's strategy. During the previous year, the company needed to comply with new government regulations that impacted this strategy.
Based on this information, what should the program manager do?
When a company's strategy is impacted by new government regulations, it is critical for the program manager to ensure that the program remains compliant with these regulations while also ensuring strategic alignment. Meeting with stakeholders to discuss the necessary changes allows for a comprehensive understanding of the impact and ensures that all relevant perspectives are considered. Modifying the program roadmap in consultation with stakeholders ensures that the program remains compliant with new regulations and aligns with the company's strategic objectives.
A is correct Based on the information provided, the most appropriate action for the program manager to take would be: A. Update the program management, benefits management, and risk management plans, and modify priorities and interdependencies. This option ensures that all relevant plans are updated to reflect the impact of the new government regulations. It also involves modifying priorities and interdependencies to align with the company's strategy and compliance requirements. This comprehensive approach helps maintain strategic alignment while addressing regulatory changes and their potential risks.
In this scenario, where the company needs to comply with new government regulations that impacted its strategy, the program manager should: D. **Review resource capacity and capability, program priorities, and interdependencies, and create a change request to modify the program roadmap to ensure strategic alignment.** This option involves a comprehensive approach. It starts with reviewing the program's resources, priorities, and interdependencies in the context of the new regulations. The creation of a change request to modify the program roadmap ensures that these changes are formally proposed, evaluated, and implemented in a controlled manner. This helps in realigning the program with the updated company strategy while adhering to the new regulations.
B is the right Answer