During the strategic alignment phase of a program, a program manager utilizes scenario analysis. What is the primary purpose of conducting scenario analysis at this stage?
To eliminate uncertainties in the program planning process.
To predict future market trends influencing the program.
To assess various potential scenarios and develop strategies to address them.
To examine historical program data for strategy development.
Scenario analysis is used to evaluate various possible future scenarios, enabling the program manager to develop strategies that are effective under different potential conditions. This ensures that the program remains aligned with the organization's objectives regardless of how external factors may change.
Trend Analysis: To predict future market trends influencing the program.
Risk Planning and Analysis: To eliminate uncertainties in the program planning process.
Historical Information Analysis: To examine historical program data for strategy development.
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PgMP
Strategic Program Alignment
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