Program Management Professional (PgMP)® Quiz Questions and Answers

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

Answer :
  • A portfolio describes the organization of related projects, programs, and operations.

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?

Answer :
  • Preventive Action

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?

Answer :
  • Direct and manage program execution

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?

Answer :
  • 2661750

You are the program manager for the SRQ Program. You have rejected several change requests for the program scope. What must you do with the rejected change requests?

Answer :
  • Communicate the change request status to the stakeholders and record the results of the change request in the change log.

Where are negative risks recorded?

Answer :
  • Risk register

You are the program manager for your organization. Management would like to consider the present value of 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?

Answer :
  • 400498

Eric is the project manager of the NQQ Project and has hired the ZAS Corporation to complete part of the project work for Eric's organization. Due to a change request, the ZAS Corporation is no longer needed on the project even though they have completed nearly all of the project work. Is Eric's organization liable to pay the ZAS Corporation for the work they have completed so far on the project?

Answer :
  • It depends on what the termination clause of the contract stipulates.

Mike is the program manager of the NHQ Program. Mike and a vendor are in disagreement over the deliverable the vendor has created for Mike's program. Mike does not believe the vendor has correctly created the deliverable, while the vendor is adamant that his company has indeed completed the contract. Both parties have documented their stance in the debate. This is an example of what?

Answer :
  • Claim

You are the program manager. The program will last 4 years and will cost $35 million to create. Management has asked to see the program charter and the proposed costs and benefits of the program. Management agrees to your program charter and proposed to fund the program in increments after each milestone. What type of funding does management propose for this program?

Answer :
  • Step Funding