PMI PMI Certifications PGMP Questions & Answers

• Question 441:

  What is the present value of a program that will be worth $3,567,000 if it lasts for six years and the rate of return is five percent?

  A. $1,550,850

  B. $3,532,000

  C. $2,502,750

  D. $2,661,750

  Correct Answer: D

• Question 442:

  You are the program manager for your organization. You and your program team have been creating and transferring the program benefits to operations as feasible in your program execution. The process of delivering the program's benefits describes what process in program management?

  A. Quality control

  B. Benefits management

  C. Direct and manage program execution

  D. Quality assurance

  Correct Answer: C

• Question 443:

  Andy is the program manager of the HQN Program. This program is nearing its completion and there is still $25,000 left in the program budget. Andy has asked the program team to identify some extra deliverables that can be included in the program scope to improve the program deliverable but also to use all of the funds in the budget. What term is assigned to the actions that Andy is trying to do in this instance?

  A. Value-added change requests

  B. Zero based budgeting

  C. Integrated change control

  D. Gold plating

  Correct Answer: D

• Question 444:

  What analysis type could you use in a program to compare the positive stakeholders and their position, power, and influence over your program to the same variable components of the negative stakeholders in your program?

  A. Sensitivity analysis

  B. Stakeholder analysis

  C. Monte Carlo simulation

  D. Force field analysis

  Correct Answer: B

• Question 445:

  You are the program manager of the BHG Program. One of the projects in your program will be using new materials that are somewhat untested. You are worried that there may be delays and waste because the project team is unaware of how to accurately use these materials. You elect to send the people that will be using the new materials through training on how to complete their project work. You also allow them to purchase some of the materials to experiment on their use before the actual project work is to be done. You want to ensure that mistakes do not enter into the project. What type of action have you provided in this scenario?

  A. This is an example of a preventive action.

  B. This is an example of team development.

  C. This is an example of quality assurance.

  D. This is an example of a corrective action.

  Correct Answer: A

• Question 446:

  Your company and a competing company have created a teaming agreement for an opportunity. Through this team agreement you and your competitor can complete a major program for a client. This is, technically, a risk response for both organizations. What type of risk response are you dealing with in this instance?

  A. Teaming

  B. Exploiting

  C. Accepting

  D. Sharing

  Correct Answer: D

• Question 447:

  A project manager in your program has estimated the cost of a program to be $145,000. As the project manager's project comes close to completion, the project manager realizes that he has still $27,876 left in his project budget. He decides to add some additional features to the project's deliverables in an effort to use the remaining budget. These additions will add value to the project and the project customer is likely to enjoy these new features. This is an example of what term?

  A. Gold plating

  B. Errors and omissions

  C. Expert judgment by the project manager

  D. Value added change

  Correct Answer: A

• Question 448:

  Your program has 121 stakeholders that you'll need to communicate with. Your communications management plan defines how the communication should happen, what should be communicated, and the expected modality of the communications. You'll also need which one of the following as an input to the information distribution process in your program?

  A. Change requests

  B. Earned value management results

  C. Stakeholder analysis plan

  D. Performance reports

  Correct Answer: C

• Question 449:

  What is the formula to determine earned value (EV) for a program?

  A. Percent complete times percent remaining in the program

  B. Percent completes time the program cost estimate

  C. Percent complete times the program budget at completion

  D. Percent complete times the program cost of labor and materials

  Correct Answer: C

• Question 450:

  You are the program manager of the NHQ Program. You are working with your program team to ensure that the work in the program is done accurately and according to scope. You are also reviewing the team inspection process that will need to be done to ensure that the work is being done according to the scope. If the work is found to be defective it will need to be corrected before the program customers can inspect the work. What process are you completing to ensure that the work is done accordingly to scope?

  A. Quality control

  B. Scope verification

  C. Quality assurance

  D. Planning

  Correct Answer: A