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Questions 51

During a program's definition phase, it is determined that the best approach for delivering the program's intended benefits is to supplement corporate resources with the procurement of specific products and services from external suppliers.

The program manager should use which of the following to determine and/or document the results of the program procurement planning activity?

Options:

A.

Make-or-buy decisions, alternatives analyses, approach to competition, and best mix of contract types

B.

Requests for proposals (RFPs), proposal evaluation criteria, contract management, and best mix of contract types

C.

RFPs, alternatives analyses, approach to competition, and requests for quotes (RFQs)

D.

Make-or-buy decisions, proposal evaluation criteria, contract management, and RFQs

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Questions 52

You are the program manager for a new software development program. One of the developers has been adding extra fields for information in the software that was not part of the original program scope. While the fields are a good idea, the customer did not ask for the information and some time has been wasted on this work that was not in the program scope. This is an example of which one of the following terms?

Options:

A.

Preventive action

B.

Corrective action

C.

Gold plating

D.

Program scope change

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Questions 53

You are the program manager for your organization. Your program has a budget of $750,000 and is expected to last one year. The program is currently 30 percent complete and has spent $245,000. The program is supposed to be 40 percent at this time. What is the cost performance index for this program?

Options:

A.

.83

B.

-$20,000 C. .91

C.

Negative ten percent

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Questions 54

The risk manager completes risk response planning. The risk manager believes that to effectively address all eventualities, an additional action is required.

What should the program manager do next?

Options:

A.

Transfer a percentage of known risks.

B.

Establish a contingency reserve.

C.

Avoid known critical project threats.

D.

Perform a final review of project scope.

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Questions 55

A rapidly expanding IT company wants to mature its delivery methodology. It creates a benefits management plan that identifies formal program management governance as a key area that would add value.

What benefits would structuring work into programs bring to this organization?

Options:

A.

Delivery of initiatives and objectives through the alignment of portfolios

B.

Bundling of components or work to gain efficiencies unachievable if managed separately

C.

Increasing efficiencies by adhering to defined constraints to achieve specific activities

D.

Coordination of portfolio and project work by linking principles and practices

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Questions 56

You are the program manager for your organization and you're trying to determine if you buy or build a software solution for your organization. If you build the solution it'll cost you $75,000 to create and it'll cost you

$12,000 per month to support. If you hire a vendor they can build the solution for $63,000 but their solution will cost you $15,500 per month to support. How many months would you have to use your in-house solution to equate to the cost of the vendor's solution?

Options:

A.

Approximately 6 months

B.

You'll never be able to equate to the cost of the vendor's solution.

C.

Approximately 3.5 months

D.

Approximately 10 months

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Questions 57

What does RACI stand for?

Options:

A.

Responsible, Account, Confirm, Inform

B.

Responsible, Accountable, Consult, Inform

C.

Roles, Accountable, Confirm, Inform

D.

Roles, Action, Consult, Inform

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Questions 58

You are the program manager for a large program in your matrix organization. You need to define when the resources in your program will be brought into the program and then released from the program so that the project managers, operational managers, and your program team can plan accordingly. What program management plan defines when

resources are needed, how the resources will be obtained, and how the resources may be released from the program?

Options:

A.

Procurement management plan

B.

Resource management plan

C.

Team management plan

D.

Schedule management plan

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Questions 59

You are the program manager of the MQQ Program. Your program will use equipment and materials that are new to your industry. You have some concerns that there will be delays and waste by your program team because they've not worked with these materials or tools before. You elect to send the resources that will work the most with these tools through training. The cost of the training in this instance is known as which one of the following?

Options:

A.

Indirect costs

B.

Cost of doing business

C.

Direct costs

D.

Cost of conformance quality

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Questions 60

When is the lessons learned document updated?

Options:

A.

At closing phase

B.

At planning phase

C.

Throughout the project lifecycle

D.

At execution phase

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Exam Code: PgMP
Exam Name: Program Management Professional (PgMP)
Last Update: Dec 14, 2024
Questions: 452

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