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| Section | Weight | Objectives |
|---|
| Strategic Program Management | 15% | - Define the program mission statement by evaluating the stakeholders' expectations. - 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. - Establish a high-level road map with milestones and preliminary estimates to obtain initial validation and approval from the executive sponsor. - Define the high-level road map and financial framework to set a baseline for program definition, planning, and execution.
|
| Benefits Management | 11% | - Ensure that the program achieves its intended benefits and value creation. - Identify, plan, and manage benefits realization.
|
| 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.
|
| 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.
|
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PMI Program Management Professional (PgMP) Sample Questions (Q690-Q695):
NEW QUESTION # 690
A global financial system is being delivered by the program team to allow access from anywhere in the world.
Following a new cross-border regulation applying to privacy of local banking data accessed from abroad, the CEO of the bank requests that an external audit be conducted to validate compliance with this new regulation.
This event, which was not anticipated at this phase of the program, will generate additional work for the program team. This effort is not included in the current program roadmap and benefits delivery plan.
What immediate actions should the program manager take?
- A. Accept the risk of the audit and continue the program as planned
- B. Assess the impact of the audit and potential remediation on the program
- C. Negotiate with the CEO in an attempt to avoid the audit
- D. De-scope the capabilities of the system to not allow access from abroad
Answer: B
NEW QUESTION # 691
You are the program manager for a new software development program. One of the developers has been adding extra fields for information in the software that was not part of the original program scope. While the fields are a good idea, the customer did not ask for the information and some time has been wasted on this work that was not in the program scope. This is an example of which one of the following terms?
- A. Program scope change
- B. Corrective action
- C. Gold plating
- D. Preventive action
Answer: A
NEW QUESTION # 692
Which of the following statements are true regarding the Monitoring and Controlling Program Risks process?
Each correct answer represents a complete solution. Choose all that apply.
- A. Monitoring reduces the impact of risk by identifying, analyzing, reporting, and managing risks on a continuous basis.
- B. Risk Monitoring and Control is an ongoing process for the life of the program.
- C. Planned risk responses should be continuously monitored for new and changing risks.
- D. It is the process of selecting the most suitable response to reduce the threats to the program objectives.
Answer: A,B,C
NEW QUESTION # 693
The program sponsor requests that a junior project manager take over a complex component project as a professional development opportunity. The component project currently has several senior subject matter experts (SMEs) working on it and also has dependencies with other large projects to deliver key benefits to the organization. The junior project manager is both excited and concerned about the assignment and decides the best next step is to:
- A. Begin work on the project immediately to determine the important skill gaps and then request professional training.
- B. Request a meeting with the project sponsor to discuss the project and ensure they are qualified.
- C. Meet with the project team to share that they cannot accept the assignment because there is too much risk.
- D. Accept the assignment as a challenge and an opportunity to acquire new skills and seek advice from a senior project manager.
Answer: D
NEW QUESTION # 694
Your program has a budget at completion of $1,550,000 and is expected to last one year.
Currently your program is 45 percent complete and has spent $725,000. According to the program schedule you are actually to be fifty percent complete by this time, but due to some vendor delays your program is running just a bit late. Based on this information which is performing worse, the cost or schedule?
- A. The cost is performing worse because the CPI is .96.
- B. The schedule is performing worse because the SV is -$27,500.
- C. The schedule is performing worse because the SPI is .90
- D. The cost is performing worse because the EAC is $1,611,111.
Answer: C
Explanation:
Section: Volume A
NEW QUESTION # 695
......
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