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Exam Name:	Program Management Professional (PgMP)
Exam Code:	PgMP Dumps
Vendor:	PMI	Certification:	PMI Certification
Questions:	452 Q&A's	Shared By:	avneet

Question 32

In the last year, all program phase gate reviews received excellent feedback and exceeded stakeholder expectations. Recently, the customer decides that there is no need to continue phase gate reviews.

What should the program manager do next?

Options:

Ask the stakeholders what they want and proceed with their recommendations.

Agree with the customer and initiate change control procedures.

Continue periodic gate reviews to maintain program effectiveness for benefits realization.

Replace program reviews with periodic communications of the program's status.

Discussion

Question 33

You are the program manager for your organization. Management would like to consider the present value for your program. If your program is predicted to be worth $450,000 in two years what is the present value of the program if the interest rate is six percent?

Options:

$400,498

$521,345

$505,620

$385,450

Discussion

Question 34

A program with 10 components is in the planning phase. Project managers who oversee the component projects request detailed schedules. These schedules will be merged into one document to create a master schedule.

What should the program manager do to ensure that the overall program life cycle will meet stakeholder needs and deliver planned benefits?

Options:

Establish a quality review for the project schedules to ensure that resource leveling and baselines are followed and component projects are delivered on time

Work with the project managers to decompose their schedules to minimize risk and better understand the dependencies and resource needs

Decompose the component schedules to determine if work can be executed more quickly to deliver value earlier than planned

Create a work breakdown structure (WBS) to align program execution with stakeholder expectations and the benefits management plan

Discussion

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Question 35

External resources are required for a program. The program manager receives bids from multiple vendors and

presents the top vendor to the program governance board. One program governance board member asks the program manager to select a vendor that was dismissed early in the selection process because they were not on the approved vendor list. The program manager learns that this program governance board member has a personal connection to this vendor.

What should the program manager do?

Options:

Add the vendor to the approved list

Report an ethics violation

Agree to engage the vendor due to the program governance board member's program influence

Initiate a new vendor selection bid process

Discussion

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