PMI PMI Certifications PGMP Questions & Answers

• Question 381:

  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?

  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

  Correct Answer: C

• Question 382:

  Joan is the program manager for her organization. Management has asked her to create a centralized reporting system to capture information on program work, risks, changes, benefits management, and other aspects of the program. What solution can Joan implement to capture, communicate, and record the information management wants?

  A. Program management information system

  B. Program management integrated change control

  C. Change control systems

  D. Program management plan execution

  Correct Answer: A

• Question 383:

  An organization supports both programs and projects for various industries. What is a portfolio?

  A. A portfolio is the total amount of funds that have been invested in programs, projects, and operations.

  B. A portfolio describes all of the monies that are invested in the organization.

  C. A portfolio describes the organization of related projects, programs, and operations.

  D. A portfolio describes any project or program within one industry or application areA.

  Correct Answer: C

• Question 384:

  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 schedule performance index (SPI) for this program?

  A. Negative ten percent

  B. .75

  C. $300,000

  D. $225,000

  Correct Answer: B

• Question 385:

  When a change enters your program requirements you must update all of the following documents except for which one?

  A. Program work breakdown structure

  B. Program activity list

  C. Program charter

  D. Program scope

  Correct Answer: C

• Question 386:

  You are the program manager for your organization that utilizes vendors from several different organizations. A vendor has submitted an invoice for the work they have completed in your program. You have reviewed the work results and agree with the vendor that their contractual obligation is complete. What should you do next in regard to the vendor's invoice?

  A. Approve the payment request

  B. Finalize the performance report

  C. Examine the contract

  D. Complete a financial audit of the work

  Correct Answer: A

• Question 387:

  What should a program manager do when a scope change has been approved that will drastically affect the program costs assuming that the costs will be added to the program budget?

  A. Adjust the cost baseline

  B. Communicate cost of the change to all stakeholders

  C. Adjust the quality baseline

  D. Communicate the change to all stakeholders

  Correct Answer: A

• Question 388:

  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?

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

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

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

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

  Correct Answer: B

• Question 389:

  A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent $620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time. Based on this information which type of performing is present in this scenario?

  A. Schedule, because the program's planned value is only $700,000.

  B. Cost, because the program has a cost variance of -7,500

  C. Schedule, because the program has a schedule performance index of .88.

  D. Cost, because the program has an estimate to complete of $1,151,429.

  Correct Answer: C

• Question 390:

  You are the program manager for your organization. Your current program is to create a new recreational facility in your city. Franklin, the Chief Executive Officer, is concerned about meeting all of the financial and schedule requirements of the proposed program. Martina, the mayor of your town, wants to make certain the program meets all safety requirements and building codes. Your supervisor, Mary Ann, is the Program Director, and she is concerned about the start date of your program. Another stakeholder, Hal, is worried that your resources may be spread thin on the program as some of the resources are on multiple projects in your program.

  To whom will you report to in this program?

  A. Franklin

  B. Martina

  C. Hal

  D. Mary Ann

  Correct Answer: D