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A program sponsor is concerned about the status of high-priority risks and budget variances. The program manager should refer to which of the following?
A. Program status dashboard.
The program status dashboard is a tool that provides a high-level overview of key program metrics, including risk status and financial information such as budget variances. It's designed to give stakeholders a quick, concise, and up-to-date snapshot of the program's health and progress, which is exactly what the sponsor is concerned about. This makes it an ideal tool to address the sponsor's concerns.
A dashboard highlights and briefly describes or illustrates through the use of colors—red (bad), yellow (warning), green (good)—the status of various aspects of the program. It is simple and easy to interpret, making it a useful communication tool at the executive level. Methods to represent status reports are dashboards, memos, and presentations to stakeholders.
Milosevic, Martinelli, and Waddell, Program Management for Improved Business Results, 2007, 330–336
I pick C. There have no Program status dashboard terms in PMbooks and Standard for program management book.
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