What is a potential risk of ineffective Program Management?

Ineffective Program Management can lead to increased costs and time overruns, which is a fundamental issue in project execution. When Program Management is not executed properly, it can result in a lack of clear communication, poorly defined roles, and inadequate resource allocation. This misalignment often means that tasks take longer to complete than initially planned and may require more funding than the budget allows.

Moreover, inadequate management can lead to missed deadlines and project scopes that expand without proper controls, further exacerbating cost issues. As the project drags on, it may also attract additional unforeseen expenses, leading to cost overruns.

This scenario highlights the essence of Program Management, which is to ensure that projects are completed efficiently, within budget, and on schedule while also meeting the expected quality standards. While other options address important considerations, they do not directly relate to the primary risk associated with the consequences of ineffective Program Management.