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| Section | Weight | Objectives |
|---|
| Program Life Cycle Management | 44% | - Coordinate the concurrent and sequential execution of program components. - Managing the program from initiation to closure, including planning, execution, and monitoring.
|
| Strategic Program Management | 15% | - Establish a high-level road map with milestones and preliminary estimates to obtain initial validation and approval from the executive sponsor. - Perform an initial program assessment by defining the program objectives, requirements, and risks to ensure alignment with the organization's strategic plan, objectives, priorities, vision, and mission statement. - Define the high-level road map and financial framework to set a baseline for program definition, planning, and execution. - Define the program mission statement by evaluating the stakeholders' expectations.
|
| Stakeholder Management | 16% | - Identify stakeholders and analyze their expectations and interests. - Develop strategies to engage stakeholders effectively throughout the program lifecycle.
|
| Governance | 14% | - Establish a governance framework including policies, procedures, and standards. - Maintain oversight and decision-making frameworks across the program lifecycle.
|
| Benefits Management | 11% | - Ensure that the program achieves its intended benefits and value creation. - Identify, plan, and manage benefits realization.
|
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PMI Program Management Professional (PgMP) Sample Questions (Q46-Q51):
NEW QUESTION # 46
Which of the following contract types is described in the statement below?
"The seller is reimbursed for all allowable costs for performing the contract work, and receives a fixed payment calculated as a percentage for the initial estimated project costs."
- A. Cost Plus Incentive Fee Contracts (CPIF)
- B. Cost Plus Fixed Fee Contracts (CPFF)
- C. Fixed Price Incentive Fee Contracts (FPIF)
- D. Firm Fixed Price Contracts (FFP)
Answer: B
Explanation:
Section: Volume C
NEW QUESTION # 47
An organization is restructuring to accelerate a new service that will establish the company as a market competitor. With the organizational transition, a business leader has cancelled a program to realign resources to the new service. What should the program manager do?
- A. Conduct formal program closure activities and capture lessons learned.
- B. Terminate the remaining component projects and cancel the program.
- C. Close the program and recognize the business benefits realized.
- D. Operationalize the completed projects and cancel the program.
Answer: A
Explanation:
When a program is cancelled, the program manager should carry out formal closure to document outcomes, ensure proper transition or termination of work, and capture lessons learned for future initiatives.
NEW QUESTION # 48
A program manager needs to add several component projects to realize the intended benefits of a program. The program manager realizes the organization may not have sufficient resources to address all the component projects. What should the program manager present to the governance board?
- A. Realign the program's schedule to enable the delivery of intended benefits with limited resources.
- B. Assign available resources to as many components as possible to realize program benefits.
- C. Optimize resource assignments to maximize program benefits with existing resources.
- D. Obtain permission to engage external contracted resources to realize program benefits.
Answer: C
Explanation:
Presenting an optimized allocation of available resources demonstrates how to achieve the maximum intended benefits within existing constraints, supporting informed governance decisions on prioritization and value delivery.
NEW QUESTION # 49
A program manager has been assigned to a program that has received approval of the program charter and for which a stakeholder register has been prepared. During stakeholder engagement planning, the program manager should consider which of the following stakeholders aspects?
- A. Expectations of program benefits, level of influence, and organizational culture
- B. Attitude about the program, external political position, and technical expertise
- C. Level of support/opposition, technical expertise, and organizational culture
- D. Level of influence and participation and attitude about the program
Answer: D
NEW QUESTION # 50
You are the program manager for the JQN Program in your organization. There have been some delays in your schedule and you're about to perform some schedule control activities. Which one of the following will not help you as you perform schedule control?
- A. Change requests
- B. Forecasts
- C. Performance reports
- D. Earned value management
Answer: A
Explanation:
Section: Volume B
NEW QUESTION # 51
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