PMI PgMP Practice Test - Questions Answers, Page 28
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You are the program manager for your organization. Your program has a budget of $750,000 and is expected to last one year. The program is currently 30 percent complete and has spent $245,000. The program is supposed to be 40 percent at this time. What is the cost performance index for this program?
A new program component provides an opportunity to enhance program outcomes. What does the program manager use to document and monitor the opportunity?
An unforeseen geopolitical risk impacts a program to establish a company's operations abroad. Stakeholders now want to establish a risk response team to define a mitigation plan. Ultimately, what appeared to be a significant risk resulted in a negligible risk.
What should the program manager recommend to stakeholders for future, similar situations?
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 program is completed and the expected benefits are realized. Before executing the transition and closing of the program, what should the program manager do?
A program manager is concerned that a program will be unable to achieve its intended benefits. How should the program manager handle this concern?
A program to implement a new payroll processing system at a healthcare company is nearing completion and is under budget. What should the program manager do next?
A multiyear program is ready to conclude. It has achieved all business objectives and is delivering its intended benefits. However, the program sponsor is not willing to sign the formal program closure acceptance document and the program continues to incur operational costs.
What should the program manager do next?
How does a portfolio's collection of work differ from that of a program's collection of work?
A new program manager joins a multi-year program that has been underway for almost a year. During interviews, several stakeholders state that they do not understand how the program will help the organization.
At the next stakeholder meeting, what should the program manager present to address their concerns?
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