[Dec-2021] The Best PMI Certification Study Guide for the PgMP Exam
PgMP certification guide Q&A from Training Expert DumpsKing
The PgMP Prerequisites
Before applying for the PgMP exam, check if you are suitable in all respects. Thus, if you are eager to manage various projects simultaneously, possess leadership qualities, aim at completing organizational goals, then this certification is right for you. What you need to have more on your CV list is the following:
- Secondary degree, 48 months of experience in project management/PMP certificate, 84 months of experience in the project management field in the last 15 years
OR
- 4-year degree, PMP certification/48 months of experience in project management, 48 months of experience in the project management field during the last 15 years.
NEW QUESTION 11
Don is the project manager of the NQP Project for his organization. This project is scheduled to last for 18 months and will have several elements of the project that have government regulations. Management is concerned with the regulations and would like Don to report on the activities that will be affected by the regulations. What document should Don reference for information on the activities and the regulations?
- A. Activity list and attributes
- B. Risk register
- C. Risk management plan
- D. Activity list
Answer: A
NEW QUESTION 12
You are hosting a meeting with all of the vendors that have received a copy of your statement of work. In this meeting, you'll be discussing the statement of work, clarifying the details, and answering any questions the vendors may have about the project. What is this meeting called?
- A. Select sellers process
- B. Bidder conference
- C. Negotiations
- D. Sales meeting
Answer: B
Explanation:
Section: Volume B
NEW QUESTION 13
You are the program manager for your organization and are about to execute your procurement management plan. You need to procure materials for your program and you want only the vendor to provide you with a price for the goods you need to procure. What type of a document should you provide to the vendor in this scenario?
- A. Proposal
- B. Statement of work
- C. Program charter
- D. Request for quote
Answer: D
NEW QUESTION 14
You are the program manager for your organization. You are examining the order of the activities in your program schedule and would like to change some of the ordering to alleviate scheduling conflicts, risks, and based on your experience with the discipline the program uses. Some of the activities you can rearrange while some of the activities must be completed in a particular order. What term describes the activities that can happen in any order?
- A. Benefits management dependencies
- B. Finish on constraints
- C. Discretionary dependencies
- D. Mandatory dependencies
Answer: D
Explanation:
Section: Volume A
Explanation
NEW QUESTION 15
Small changes that bypass the organization's change control procedures are called.
- A. Scope creep
- B. Lag
- C. Gold plating
- D. Scope fault
Answer: A
NEW QUESTION 16
You are the program manager of the GHY Program. Your program team has identified a risk dealing with the materials you will be using in the program. It is possible that if the materials are not installed properly they will cause serious damage in future phases of the program. Your team has recommended additional training and a consultant to help the team members install the material accurately to reduce the likelihood of the risk event.
You agree and the team executes the risk response. What type of risk response have you implemented in this situation?
- A. Avoidance
- B. Workaround
- C. Mitigation
- D. Enhancing
Answer: C
Explanation:
Section: Volume B
Explanation/Reference:
NEW QUESTION 17
Your program creates a byproduct that you could sell to a client. The cost of the byproduct would offset the cost of the program by nearly $7,500 per month. This is an example of which positive risk response?
- A. Exploiting
- B. Sharing
- C. Enhance
- D. Accepting
Answer: A
Explanation:
Section: Volume A
NEW QUESTION 18
In your program you must adhere to Six Sigma as part of your organization's enterprise environmental factors. There is terminology, reports, and measurements that you are expected to use as part of your program. Six Sigma is an example of what program management process?
- A. Scope verification
- B. Quality assurance
- C. Process improvement
- D. Quality control
Answer: B
NEW QUESTION 19
Tom is the program manager for his organization. He has to balance the resources he'll be using in the program with the demand for operations to use the same resources. What program document can Tom reference to determine the availability of certain program resources, such as application developers, engineers, and technical writers?
- A. Staffing management plan
- B. The resource pool description
- C. Resource calendar
- D. Functional management plan
Answer: C
Explanation:
Section: Volume B
NEW QUESTION 20
You are the program manager for your organization. You have created a program that will create things for the organization throughout the program not only at program closure. All of the following are elements that you may transfer to the organization throughout the program's life cycle except for which one?
- A. Risk management outcomes
- B. Benefits
- C. Program personnel
- D. Outputs from team development
Answer: C
Explanation:
Section: Volume A
NEW QUESTION 21
An organization requests that a junior project manager, with no previous experience or training in the industry, take over a complex program component. The program component involves senior subject matter experts and has dependencies with other large projects to deliver key benefits to the organization.
How should the junior project manager respond to this request?
- A. Accept the assignment as a challenge and an opportunity to acquire new skills and seek advice from a senior project manager.
- B. Accept the assignment, identify the skill gaps, and request training.
- C. Reject the assignment because of fear of failure and resulting negative career impact.
- D. Reject the assignment, because of the ethical requirement not to accept work for which the project manager is not qualified.
Answer: D
NEW QUESTION 22
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. Projectized
- B. Functional
- C. Strong Matrix
- D. Weak Matrix
Answer: C
NEW QUESTION 23
Your program will create new software and install new hardware for your organization. Some of the goals of the program is to improve employee morale, improve customer service, and boost customer satisfaction.
These intangible goals need metrics. What program stakeholder is responsible for quantifying these goals?
- A. Business analyst
- B. Program director
- C. Program customer
- D. Program manager
Answer: D
NEW QUESTION 24
You are the program manager for the GHT Program for your company. This program has a budget at completion of $789,000 and is currently 40 percent complete, though it was scheduled to be 50 percent at this time. Your program has spent $325,000 of the budget to date. Based on this information, how many pennies is your program losing per dollar spent on the work?
- A. 0
- B. 1
- C. 2
- D. 3
Answer: C
NEW QUESTION 25
Which of the following risk response planning techniques is associated with threats and seeks to reduce the probability of occurrence, or impact of risk below an acceptable threshold?
- A. Risk transference
- B. Risk acceptance
- C. Risk mitigation
- D. Risk avoidance
Answer: C
NEW QUESTION 26
The program manager completed the program's benefits analysis and planning activities.
What will this ensure for the program?
- A. Information necessary to establish key benefit performance indicators
- B. A benefits management plan to guide the work through the remainder of the program
- C. A plan to monitor performance due to operational, financial, and benefits changes
- D. A transition plan to facilitate the ongoing realization of benefits
Answer: A
NEW QUESTION 27
Which of the following risk identification techniques is described in the statement below?
"It is used to gather information where participants don't know each other nor do they have to be
present at the same location."
- A. Delphi
- B. SWOT analysis
- C. Assumptions analysis
- D. Brainstorming
Answer: A
NEW QUESTION 28
You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?
- A. Time and materials
- B. Cost plus incentive fee
- C. Fixed fee
- D. Cost plus percentage of costs
Answer: D
Explanation:
Section: Volume B
NEW QUESTION 29
The program manager plans to address a negative cost variance generating a red flag in the program management status report.
What should the program manager do?
- A. Contact the project sponsors to present the details, impacts, and possible corrective actions regarding the negative cost variance.
- B. Gather all the details, analyze impacts, determine corrective actions and present the findings to the governance board for direction.
- C. Work with program sponsor to compile impact analysis data to obtain additional funding for the program.
- D. Ask the program team to compile all details, analyze impacts, determine corrective actions and present to the governance board for direction.
Answer: B
NEW QUESTION 30
Identify the term described in the statement given below? "The use of it should be reviewed along with an assessment of their effectiveness. This will aid the program management in determining if risks to the program are being effectively managed. It also provides feedback to the program management on any projects that need to be recovered or terminated."
- A. Contingency Reserve
- B. Budget
- C. Earned Value
- D. Planned Value
Answer: A
NEW QUESTION 31
You are the program manager for your organization and you are trying to determine the possible outcomes of a risk event. You're analyzing the risk event's worst case scenario, most likely scenario, and optimistic scenario to simulate the possible affects of the risk on the program's cost, time, and scope ramifications. What simulation technique are you using in this situation?
- A. Sensitivity analysis
- B. Force field analysis
- C. Monte Carlo simulation
- D. Decision tree analysis
Answer: C
Explanation:
Section: Volume B
NEW QUESTION 32
You are identifying stakeholders for your program to create new software for your organization. The software will affect the ordering by the customer, the manufacturing of the product, inventory, and account management.
Sarah, a key stakeholder in your program, is skeptical of one application affecting so many parts of the organization. She prefers that several applications be created instead of the approach your program will take.
In stakeholder identification how would you categorize Sarah?
- A. Negative
- B. Positive
- C. Passive
- D. Active
Answer: A
Explanation:
Section: Volume A
NEW QUESTION 33
Paul is the program manager for his company. He along with his team is working on the Monitor and Control Program Changes process. The process will need several inputs. Which one of the following items is NOT an input to the Monitor and Control Program Changes process in the program management?
- A. Change requests
- B. Change request log
- C. Program management plan
- D. Approved change requests
Answer: D
Explanation:
Section: Volume C
NEW QUESTION 34
You are program manager for the HYH Program. Your program governance is requiring you to use earned value management to predict how closely your program is tracking to the cost and schedule baselines and to predict overall program performance. Which earned value management formula can you use to predict how much more will need to be invested in the program based on current program performance?
- A. BAC/CPI
- B. EV/PV
- C. EV/AC
- D. EAC-AC
Answer: D
Explanation:
Section: Volume A
NEW QUESTION 35
A program has a budget at completion of $1,250,000 and has already spent $425,000. The program is running late due to some vendor delays; the program is only 30 percent complete though it was scheduled to be 45 percent at this time. Based on this information how much more money will this program need to finish?
- A. $919,325
- B. $991,667
- C. $987,544
- D. $978,445
Answer: B
NEW QUESTION 36
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