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Preparing for The PgMP Exam

Success in the PgMP exam requires candidates to use multiple study aids and spend many hours preparing. Candidates should engage in many channels comprising program management courses, self-study, and study groups. Ensure to allocate sufficient time studying before attempting this multiple-choice exam.

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To earn the PgMP Certification, candidates must meet certain eligibility criteria, including having a minimum of four years of experience in program management and completing 7,500 hours of program management experience. In addition, candidates must pass a rigorous exam that covers a wide range of program management topics.

PMI Program Management Professional (PgMP) Sample Questions (Q709-Q714):

NEW QUESTION # 709
In a program, management would like to consider the present value for each year a program creates a return on investment. What program selection method is management using?

A. Time value of money
B. Internal rate of return
C. Present value
D. Net present value

Answer: D

NEW QUESTION # 710
After meeting with the program sponsor and stakeholders, the program manager is asked by the sponsor to accelerate the program to replace two legacy financial systems. The legacy systems are at risk of premature failure.
What should the program manager do next?

A. Create several "what-if" scenarios of alternatives to present to the program sponsor.
B. Analyze the impact of accelerating the program, and present the pros and cons to the program sponsor.
C. Accelerate the projects and components of the program that replace the two legacy systems.
D. Identify the parts of the program that need to be accelerated and, if it is cost effective and increases benefits realization, implement the change.

Answer: C

NEW QUESTION # 711
You are the program manager for your organization and are planning the composition of the project team.
In your organization resources are used from throughout the company and may serve on more than one project. While you, the program manager, will have most of the authority on the program you want the project managers to have authority over the project decisions. What type of an organizational structure does your organization have?

A. Strong Matrix
B. Functional
C. Projectized
D. Weak Matrix

Answer: A

NEW QUESTION # 712
A Project Manager has been contracted by a company to manage the development of a software business application. The Project Manager discovers that five of the software developers are contractors and do not have legal software licenses. What should the Project Manager do in this case?

A. Call the software vendor
B. Fill out a software piracy report
C. Report this to the company's senior management
D. Report this to PMI

Answer: C

NEW QUESTION # 713
A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent
$620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time. Based on this information which type of performing is present in this scenario?

A. Schedule, because the program's planned value is only $700,000.
B. Cost, because the program has a cost variance of -7,500
C. Schedule, because the program has a schedule performance index of .88.
D. Cost, because the program has an estimate to complete of $1,151,429.

Answer: C

Explanation:
Section: Volume A

NEW QUESTION # 714
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