Get Certified: Proven Methods to Pass the PMI PgMP Exam

Name: How to Pass PgMP Exams
Brand: Examstrack
SKU: pgmp
Price: 36.75 USD
Availability: InStock

Questions 1

A component project of a program is completed, and will provide the intended incremental benefits.

How should the program manager proceed with the component transition?

Options:

Update the program stakeholder engagement plan with stakeholders from the transition organization

Define the component project’s business value in the benefits management plan

Update the program roadmap to reflect completion of a key end-point objective

Initiate a program change request to close out the component project

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Questions 2

Who makes Go/No-Go decisions during phase gate reviews?

Options:

Program Governance board

Program Manager

Board of Project Managers

Stakeholders

Questions 3

A sponsor decides that the business environment is unfavorable for continuation of a program. The sponsor asks that the program be closed.

What items should be completed as part of the program’s final report?

Options:

Lessons learned, successes and failures, and financial and performance assessments

Final updates to the benefits register, successes and failures, and resource disposition

Financial and performance assessments, successes and failures, and reason(s) for program closure

Knowledge transition, successes and failures, and reason(s) for program closure

Questions 4

A natural disaster shuts down operations for two days. The program has a major milestone that includes a timed payment of US$1 million.

Since the shutdown was not anticipated, what should the program manager do first?

Options:

Implement the appropriate risk response plan and inform the stakeholders of the planned actions.

Utilize contingency reserves to hire contractors, which will accelerate the schedule to meet the original milestone.

Evaluate the impact, reassess the program risk, and determine options to be presented to the governance board.

Collaborate with the sponsor to determine options and negotiate a new date for the milestone.

Questions 5

You are the program manager for your organization. This program will last for two years and has eight projects. The cost of your program is $4 million and there are some risk concerns that may affect the overall cost of the program. Management is concerned with how long it will take the program to reach the management horizon. What is management horizon also known as?

Options:

Payback period

Cost performance index

Cost-to-benefits ratio

Return on investment

Questions 6

A program is completed and the expected benefits are realized.

Before executing the transition and closing of the program, what should the program manager do?

Options:

Create a final program report

Archive documents and lessons learned

Obtain approval from the program governance board to initiate program closure activities

Perform administrative and program management information system (PMIS) closure activities

Questions 7

Molly is the program manager for her organization. She is creating a document that defines the benefits the program will create for her organization once the program has been completed. What document is Molly writing?

Options:

Program charter

Program benefits realization plan

Program benefits statement

Program scope statement

Questions 8

Complete the following phrase about quality management: Quality isinto a program, notinto a program.

Options:

Built, inspected

Planned, inspected

Planned, controlled

Executed, controlled

Questions 9

Part of your job as the program manager is to coach the project managers on their duties and goals. One of the project managers, Holly, is having trouble discerning the difference between quality assurance and quality control. She understands that she needs both to help you reach the program goals. Which statement best describes quality assurance for a project within your program?

Options:

Quality assurance is an inspection-driven process to keep mistakes out of the project.

Quality assurance is a prevention-driven process to keep mistakes out of the project.

Quality assurance defines quality and sets goals for the project team.

Quality assurance is an organization-wide process to do the work according the organizational goals and metrics.

Questions 10

The program manager of a multinational program must reconcile data including subject matter experts’ labor hour estimates, and other direct resource hour estimates. In addition, the program manager must prepare the cash flow analysis.

Which of the following should be considered to get a baseline budget?

Options:

Currency exchange rates

Component cost estimates

Baseline schedule

Program payment schedules