PgMP Program Management Professional Practice Test | Quiz | #mcq.imBooz

• (A) . All of the program monies must have been spent.
• (B) All of the program schedule must have been consumed.
• (C) All of the program component projects must be closed.
• (D) All of the program risk management activities must be done.

Check AnswerSolution(C):-The program cannot be considered done until all of the program componentprojects have been closeA is incorrect, because the elimination of the programfunds does not necessarily mean the program is complete. B is incorrect, asthe program may finish ahead or behind the targeted project completionmilestone. D is incorrect. While the program risks management activities may becompleted, there are still other processes that may need to be completed for theprogram to be considered done.

• (A) The technology the project will deliver has been surpassed with a newertechnology.
• (B) The project is not performing well on scope and budget, so the project isterminated.
• (C) The program has experienced a change to its scope that eliminates theneed for the projects deliverable.
• (D) The project manager leaves the performing organization.

Check AnswerSolution(D):-Should a project manager leave the performing organization, this does notconstitute a reason to cancel the project. If the project was chartered, it wasmost likely chartered for reasons other than the existence of a particularproject manager. A, B, and C are all valid reasons a project may be canceled.

• (A) When the program manager demands that the project manager do so
• (B) When the project scope is completed
• (C) When the project has been officially closed
• (D) When the project resource is no longer believed to be needed

Check AnswerSolution(C):-When the project is officially closed, the project manager may release theproject resources to be allocated elsewhere in the organization. A is not avalid PMI-type answer; if the resources were assigned to a project, they wereassigned for a particular reason. B, while tempting, is not the best answer forthe question. Choice D is demonstrative of poor planning rather than therelinquishment of a resource based on a project condition. C is the best choice.

• (A) Centralized procurement
• (B) Decentralized procurement
• (C) Contract records management system
• (D) Contract file

Check AnswerSolution(D):-The contract file is the centralized location of the contract records, procurementdocumentation, and relevant program procurement information. A and Bdescribe an organizations approach to procurement management, while Cdescribes a “dummy” term for the programs record file.

• (A) Project scope statement
• (B) Project preliminary scope statement
• (C) Project charter
• (D) Project benefits analysis documentation

Check AnswerSolution(C):-The project charter authorizes the project. A, the project scope statement,defines all of the project work, project expectations, and objectives and iscreated after the project charter. B, the project preliminary scope statement,does not authorize the project. D, the project benefits analysis documentation,is not a valid choice for the question, as it does not authorize the project.

• (A) People
• (B) Schedule
• (C) Monies
• (D) Equipment

Check AnswerSolution(B):-The schedule is not a resource, but a time management approach.

• (A) Human resources best practices
• (B) Constraint
• (C) Organizational process assets
• (D) Staffing pool description

Check AnswerSolution(B):-A constraint is anything that limits the program managers options. In thisinstance, the rules and policies limit what the program manager may do torecruit the program team. A, C, and D are not constraints on the programmanager but program components.

• (A) Communications matrix
• (B) Communications management plan
• (C) Program team directory
• (D) Program management plan

Check AnswerSolution(C):-This is simply the program team directory that Virginia could use to locateElizabeth. A, a communications matrix, is a table that shows the interaction oftwo or more stakeholders. B, the communications management plan, defineswhen and how stakeholders may communicate with each other. D, theprogram management plan, is a collection of subsidiary plans and is not thebest choice for this question.

• (A) Program schedule and milestone
• (B) Program anticipated budget for the initial phase
• (C) Program business case
• (D) Organizational benefits of doing the program

Check AnswerSolution(D):-Organizational benefits of doing the program are exactly what is defined inthe benefits statement for your program. Choices A, B, and C are not definedin the program benefits statement.

• (A) It is a method to quantify the programs risk.
• (B) It is a stakeholders willingness to pay for the program risk.
• (C) It is a stakeholders willingness to accept program risks.
• (D) It is a method to create the risk contingency reserve.

Check AnswerSolution(C):-The utility function describes the organizations willingness to acceptrisk. Generally the higher the program priority, the lower the organizationswillingness to accept risk. A, B, and D are all incorrect descriptions of theutility function.

• (A) Mitigation
• (B) Transference
• (C) Avoidance
• (D) Exploit

Check AnswerSolution(B):-Hiring a third party to own a risk is known as transference.

• (A) Acceptance
• (B) Exploit
• (C) Enhance
• (D) Avoidance

Check AnswerSolution(D):-Avoidance is the only example of a negative risk response. A, acceptance, isacceptable for both positive and negative risk responses. Choices B and C areexamples of positive risk responses.

• (A) You should buy the software if youre keeping the solution longer than 8months.
• (B) You should buy the software if youre keeping the solution longer than 18months.
• (C) You should build the software if youre keeping the solution longer than 8months.
• (D) You should build the software if youre keeping the solution less than 8months.

Check AnswerSolution(C):-In 8 months your organization would be paying the same amount to buildthe software if you hired the vendor to create it. The difference of your upfrontcosts, $7,790, is divided by the difference of your monthly expenses, $1,001.In slightly less than 8 months, your in-house solution would equal thevendors solution fee. Therefore, if youre keeping the software longer than 8months you should build it. Choices A, B, and D are all incorrect statements.

• (A) Cost plus incentive fee
• (B) Cost plus percentage of cost
• (C) Lump sum
• (D) Time and materials

Check AnswerSolution(B):-The cost plus percentage of costs is the most dangerous for the buyer,because the buyer will have to pay for materials plus a percentage of costs ofthe materials. If the supplier wastes any of the materials, the buyer will have tobuy new materials and pay a percentage of the costs of the new materials eventhough the vendor is responsible for the waste. A, C, and D are incorrect choices.

• (A) Cost plus incentive fee
• (B) Cost plus percentage of cost
• (C) Lump sum
• (D) Time and materials

Check AnswerSolution(B):-The cost plus percentage of costs is the most dangerous for the buyer,because the buyer will have to pay for materials plus a percentage of costs ofthe materials. If the supplier wastes any of the materials, the buyer will have tobuy new materials and pay a percentage of the costs of the new materials eventhough the vendor is responsible for the waste. A, C, and D are incorrect choices.

• (A) Cost plus incentive fee
• (B) Cost plus percentage of cost
• (C) Lump sum
• (D) Time and materials

Check AnswerSolution(B):-The cost plus percentage of costs is the most dangerous for the buyer,because the buyer will have to pay for materials plus a percentage of costs ofthe materials. If the supplier wastes any of the materials, the buyer will have tobuy new materials and pay a percentage of the costs of the new materials eventhough the vendor is responsible for the waste. A, C, and D are incorrect choices.

• (A) Charter
• (B) Contract
• (C) Statement of work
• (D) Preliminary scope statement

Check AnswerSolution(C):-Before you can create a proposal for your client, youll need the statement of work. The statement of work defines all of the expectations and programconditions. The SOW comes from the client to the vendor—usually along with a request for a proposal.

• (A) Linear programming
• (B) Dynamic algorithms
• (C) Benefit-cost ratios
• (D) Nonlinear programming

Check AnswerSolution(C):-Benefit-cost ratios describe the benefits to costs for a program. It is an example of benefits comparison. A, B, and D are all examples of constrained optimization.

• (A) Initiating
• (B) Planning
• (C) Monitoring and controlling
• (D) Closing

Check AnswerSolution(D):-You can create and charter a component project at any time throughout the program except when the program has entered the close program processgroup. Choices A, B, and C are all project processes groups.

• (A) Program charter
• (B) Project charter
• (C) Program scope statement
• (D) Program benefits statement

Check AnswerSolution(C):-The only document of the four that serves as input to the authorization of the programs projects is the program scope statement. A, the program charter, is not an input to the authorize projects process. B, the project charter, is anoutcome of the authorize projects process. D, the project benefits statement, is not an input to the authorize charter process.