Does anyone know what the "Managed Programs" is used for in WM6.1. When I open it all it says is "No Managed Programs have been installed".

How do I use this program since the "Details" button is Grayed out and all I can do is click on DONE.

There are programs that an administrator can push out to your phone when you're synchronizing with an Exchange server. These arrive over the air. You either don't synch to an exchange server or your admins haven't pushed any out to you.