New 2021 Guaranteed Success with TestSimulate PgMP Dumps PMI PDF Questions
Exceptional Practice To Program Management Professional (PgMP) Pass the First Time
For more info visit:
NEW QUESTION 181
You are the program manager for your organization and you are trying to determine the possible outcomes of a risk event. You're analyzing the risk event's worst case scenario, most likely scenario, and optimistic scenario to simulate the possible affects of the risk on the program's cost, time, and scope ramifications. What simulation technique are you using in this situation?
- A. Monte Carlo simulation
- B. Decision tree analysis
- C. Sensitivity analysis
- D. Force field analysis
Answer: A
Explanation:
Section: Volume B
NEW QUESTION 182
You are trying to determine if you should buy or build a solution for your program. If you build the solution it'll cost you $45,000 to create and $7,000 per month to support. A vendor reports that they can create the solution for you for $1,000 but you'll have to pay them $9,000 per month to support the solution. Should you buy or build this solution?
- A. Build the solution if you'll use it longer than 22 months.
- B. Buy the solution if you'll use it longer than 22 months.
- C. Build the solution if you'll use it longer than 25 months.
- D. Buy the solution if you'll use it longer than 24 months.
Answer: A
NEW QUESTION 183
Which of the following terms is used for a schedule compression technique where two activities that were previously scheduled to start sequentially start at the same time?
- A. Fast tracking
- B. Compressing
- C. Float
- D. Crashing
Answer: A
NEW QUESTION 184
Which of the following is described in the statement given below?
"It serves as the primary input for the Plan Program Stakeholder Management process, as well as for the distribution of program reports and other communication."
- A. Program scope statement
- B. Stakeholder register
- C. Governance plan
- D. Organizational chart
Answer: B
Explanation:
Section: Volume C
Explanation
NEW QUESTION 185
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. Integrated change control
- B. Gold plating
- C. Zero based budgeting
- D. Value-added change requests
Answer: B
NEW QUESTION 186
A rapidly expanding IT company wants to mature its delivery methodology. It creates a benefits management plan that identifies formal program management governance as a key area that would add value.
What benefits would structuring work into programs bring to this organization?
- A. Increasing efficiencies by adhering to defined constraints to achieve specific activities
- B. Delivery of initiatives and objectives through the alignment of portfolios
- C. Coordination of portfolio and project work by linking principles and practices
- D. Bundling of components or work to gain efficiencies unachievable if managed separately
Answer: C
Explanation:
Section: Volume D
NEW QUESTION 187
A new program is being initiated for the HNQ Organization. The program manager is working with the business analyst and management to define several attributes of the program. All of the following are identified during program initiation except for which one?
- A. Link to organizational strategy
- B. Program risk
- C. Program benefits
- D. Program scope
Answer: B
NEW QUESTION 188
In your organization there are rules and procedures that the program manager must follow and abide by before the program can begin and must continue to follow once the program is in execution. What term is assigned to the enforcement of these program management rules and procedures?
- A. Program standards
- B. Organizational process assets
- C. Program governance
- D. Process analysis
Answer: C
NEW QUESTION 189
Company A acquires company B, which leads to a two-year program to integrate the processes and systems.
Company B uses a different project management process, and the company's staff is unhappy about the acquisition. As a result, company B's project team fails to provide status and cost data in a format that conforms to the program standards.
What should the program manager do first?
- A. Remind the project manager of the relevant program standards
- B. Inform the stakeholders of this issue as soon as possible
- C. Work with the reports provided to extract the required information
- D. Change the program standards, aligning them with the project standards
Answer: A
NEW QUESTION 190
You are the project manager of a construction project. You have to close a phase of the project. Which is the only technique (or tool) available in the Close Project or Phase process?
- A. Change control meetings
- B. Project management information system
- C. Expert judgment
- D. Observations
Answer: C
NEW QUESTION 191
When is the lessons learned document updated?
- A. At execution phase
- B. At closing phase
- C. At planning phase
- D. Throughout the project lifecycle
Answer: D
NEW QUESTION 192
You are the program manager for your organization and are reviewing several proposed change requests for your program. Mary, a stakeholder, who has made a change request is asking why it is taking you so long to review the change. You tell her that you must perform integrated change control to review each change request. What is integrated change control?
- A. It is the review of the impact of the change on the program's Iron Triangle.
- B. It is the review of the impact of the change on the program's triple constraints.
- C. It is the review of the impact of the change on the time, cost, scope, and quality baselines.
- D. It is the review of the impact of the change on the program's knowledge areas.
Answer: D
Explanation:
Section: Volume B
NEW QUESTION 193
A program manager for the construction of a ship reviews the program management plan with a shipyard representative. The shipyard representative indicates that while 65 percent progress was anticipated, only 60 percent has been achieved.
What should the program manager do to ensure benefits realization?
- A. Inform the program sponsor and the steering committee of the delay, and validate the program business case.
- B. Update the program schedule, and escalate the issue to the program management office (PMO) to accelerate shipyard work.
- C. Analyze the impact of the delay, review risks identify any corrective actions, and update the benefits management plan.
- D. Conduct a program performance analysis based upon the deviation, and update the program business case to reflect the schedule delay.
Answer: B
NEW QUESTION 194
What document should you provide to the vendors if you're only interested for a set fee for their materials?
- A. SOW
- B. IFB
- C. RFI
- D. RFP
Answer: B
NEW QUESTION 195
Tom is the program manager for his organization. He has to balance the resources he'll be using in the program with the demand for operations to use the same resources. What program document can Tom reference to determine the availability of certain program resources, such as application developers, engineers, and technical writers?
- A. Staffing management plan
- B. The resource pool description
- C. Resource calendar
- D. Functional management plan
Answer: C
NEW QUESTION 196
......
PgMP EXAM DUMPS WITH GUARANTEED SUCCESS: https://www.testsimulate.com/PgMP-study-materials.html