PMI PgMP PMI-PgMP Exam Practice Test Instant Access

Question 1

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?

ATransfer a percentage of known risks.

BEstablish a contingency reserve.

CAvoid known critical project threats.

DPerform a final review of project scope.

Answer : B

Question 2

One of the constituent project managers asks a new program manager to obtain approval for an additional key project requirement. A tolerance range is set.

If the tolerance range is too narrow on a program, what effect will multiple minor changes have on the program?

AReduction in program quality

BDegradation of program communications

CReduction in program risk

DSlow down in program implementation

Answer : A

Question 3

A new component project is approved by the program governance board. The funding for this component project will be provided by an organization different from the organization funding the program.

Would this be an acceptable funding arrangement?

AYes, only component projects may have different funding sources.

BYes, the program and its components may have different funding sources.

CNo, the program and the project must be funded by the same organization.

DNo, component projects must be funded by program funds.

Answer : A

Question 4

A company is evaluating the implementation of enterprise resource planning (ERP) software. The program manager performs an analysis to confirm the program's feasibility.

What other important step should the program manager complete?

ADevelopment of the program's vision statement

BReview of strategic goals against any external environmental factors

CIdentification and documentation of the initial risks for ERP software implementation

DMapping of the financial benefits to the ERP software's functionality

Answer : A

Question 5

When should a program manager approve the closure of a component project?

AWhen acceptance criteria of the project are met

BWhen the project has delivered the project benefits

CWhen program deliverables are complete

DWhen project deliverables are complete

Answer : C

Question 6

After meeting with the program sponsor and stakeholders, the program manager is asked by the sponsor to accelerate the program to replace two legacy financial systems. The legacy systems are at risk of premature failure.

What should the program manager do next?

AAccelerate the projects and components of the program that replace the two legacy systems.

BAnalyze the impact of accelerating the program, and present the pros and cons to the program sponsor.

CIdentify the parts of the program that need to be accelerated and, if it is cost effective and increases benefits realization, implement the change.

DCreate several 'what-if' scenarios of alternatives to present to the program sponsor.

Answer : A

Question 7

The program selection committee presents several programs for approval:

Program A is estimated to cost US$250,000, and has an annual cash inflow of US$75,000. Program B is estimated to cost US$150,000, and has an annual cash inflow of US$55,000. Program C is estimated to cost US$100,000, and has an annual cash inflow of US$45,000. Program D is estimated to cost US$200,000, and has an annual cash inflow of US$35,000.

Which program was selected based solely on a three-year return on investment?

AProgram A

BProgram B

CProgram C

DProgram D

Answer : C

PMI Program Management Professional PMI-PgMP Exam Practice Test