PMI PMI Certifications PGMP Questions & Answers

• Question 351:

  A risk response in a project in your program has actually caused new risks. What term is assigned to the new risks that a risk response has created?

  A. Reactionary risks

  B. Chain risks

  C. Secondary risks

  D. In flux risks

  Correct Answer: C

• Question 352:

  You are the program manager for your organization. You have proposed a program that will cost $750,000 and will last for four years. Management is concerned with the cost of the program in relation to the return your program will bring. If the rate of return is six percent what is the minimum value your project should return in four years based on the investment of the program?

  A. $750,000

  B. $795,000

  C. $750,001

  D. $946,857

  Correct Answer: D

• Question 353:

  Kelly's program is slipping on its schedule. Management is worried that the program will be late and this will cost the organization several thousand dollars in fines and penalties. They've asked Kelly to use a schedule duration compression technique that will help the program finish on time. The technique that Kelly can use, however, should not add costs to the program. What duration compression technique should Kelly use in this instance?

  A. Crash the program

  B. Add lead time to the program

  C. Trim the program scope

  D. Fast track the program

  Correct Answer: D

• Question 354:

  You are the program manager for your company and evaluating the sellers to determine the seller to buy from. In your analysis you've created a histogram to display the pros and cons for each seller. You've created five categories of interest and assigned values to each category for each vendor. Your five categories are: Cost Schedule Experience Certification Warranty

  Each category has a different point value and the vendor that receives the maximum points in total will win the contract. What type of seller evaluation are you performing?

  A. Monte Carlo simulation

  B. Expert judgment

  C. Weighted scoring model

  D. Benchmarking

  Correct Answer: C

• Question 355:

  You are the program manager of HYH Program for your organization. Your program is to create a new sports arena for your city within 12 months. Your program has seven projects and you've worked with all of the project managers before. Even though you've worked with the project managers before you still need to define the authority of the project managers and their projects. What document names the project manager for the project?

  A. Project charter for each project

  B. Program human resource management plan

  C. Project scope statement

  D. Program management charter

  Correct Answer: A

• Question 356:

  Which one of the following is NOT a component of the risk monitoring and controlling process?

  A. Executing risk response plans

  B. Completing quantitative risk analysis

  C. Tracking identified risks

  D. Determining if new risks have developed

  Correct Answer: B

• Question 357:

  You are the program manager for your organization. Your program has recently completed its program scope and you've transferred the benefits to the operations of your organization. Before your program is considered closed you must complete some forms and procedures as required by your organization. The requirements to complete the forms and paperwork are also known as what?

  A. Program administrative closure

  B. Enterprise environmental factors

  C. Closing processes

  D. Organizational process assets

  Correct Answer: A

• Question 358:

  A knowledge area defines a subset of program management and its processes within that

  domain. For example, the knowledge area of quality management includes the processes related directly to quality management only. Which knowledge area ensures that all knowledge areas interact correctly with one another?

  A. Program benefits management

  B. Program management planning

  C. Integration management

  D. Communications management

  Correct Answer: C

• Question 359:

  You are the program manager of the JNH Program. Tom, a project manager in your program, has just completed his project and is ready to officially close his project. You agree that Tom's project is completed. What role do you play in Tom's project closure?

  A. You must ensure that the project sponsor closes the project.

  B. You must ensure that that the projects within the program have been closed at the project level.

  C. You must close the project before operations closes the project.

  D. You must ensure that the program management team closes the project for the project manager.

  Correct Answer: B

• Question 360:

  You are the program manager for your company and management wants you to identify how you'll make decisions in the program planning processes. What program management document should serve as the baseline for all future program decisions?

  A. Program budget

  B. Program management plan

  C. Program scope statement

  D. Program requirements

  Correct Answer: B