Project Management

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Establish Program Financial Framework

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Serge Goncharov PM City Moscow, Russian Federation
Dear colleagues,

Would you like to discuss some processes of new draft PMI's PgM standard, 2nd edition?

In the draft there is an "Establish Program Financial Framework" process (initiating Process Group).

How do you view this process in your programs?
What is output of this process in your programs - just updated business-case or separate document like "Funding the Program X approach" ?

Output details of this process can be quite simple like "Program "X" is funding according approved annual budget. See chapter x.x.x 'Budget of department y.y.y.'"
or very very complex in bundle with agreements with financing organizations.

How do your programs are funding - internally or externally?

What main topics of output?

Let's discuss, please. Your practitioner's opinion is very significant.

Serge Goncharov,
Moscow, Russia

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