[Dec 28, 2022] 100% Pass Guarantee for PgMP Dumps with Actual Exam Questions
Today Updated PgMP Exam Dumps Actual Questions
Exam Topics
The candidates pursuing the PMI PgMP certification need to go through five topics included in the qualifying test. These objectives and their percentage share in the exam content are elaborated below:
- Stakeholder Management (16%)
When it comes to the fourth section, the learners have to develop mastery in identifying the stakeholders (including sponsors) and creating the matrix for them; performing stakeholder analysis; negotiating stakeholder support, including that of sponsors; generating and maintaining the program’s visibility as well as confirming stakeholder support; defining and maintaining communications targeted at varied stakeholders, including sponsors. Other tasks covered include evaluating risks that the stakeholders/sponsors have identified; incorporating them in the plan for the program’s risk management & development; fostering relationships with key participants.
- Governance (14%)
The fifth part involves a number of tasks that the individuals must be proficient in. They include developing standards in addition to structure for managing the program/project; selecting a model structure for governance, including policies, standards, and procedures; obtaining authorization(s) as well as approval(s) through reviews for stage gate; evaluating KPIs; developing and/or utilizing the PMIS and integrating varied processes as required. Other tasks concern regularly evaluating new and existing risks that have an impact on the strategic objectives; establishing escalation policies & procedures; developing and/or adding to a knowledge repository that contains lessons learned related to the project as well as processes in addition to documentation. The domain also covers the skills of the individuals in identifying and applying lessons learned and monitoring the environment of the business and requirements for program functionality & benefits realization. The last task addresses developing and supporting the integration of a management plan for a particular program.
- Strategic Management of Projects (15%)
The initial topic focuses on various tasks, including performing an initial assessment of the program by defining its objectives, requirements, as well as risks. Other tasks include establishing a top-notch road map, defining a top-rated roadmap or framework, defining the mission statement of the program, and evaluating the capability of the organization. Some more tasks include identifying the benefits of a specific program to an organization and estimating the program’s top financial benefits as well as those that are non-financial. It also covers evaluating the program objectives based on regulatory as well as legal constraints, sustainability, social impacts, political climate, cultural considerations, and ethical concerns, among other tasks.
- Program Lifecycle (44%)
The second domain of the PMI PgMP exam comes with the following tasks: developing a program charter, translating strategic objectives, developing a top-rated milestone plan, and developing a matrix for accountability. Other subtopics covered are defining criteria for standard measurement, conducting kick-off for a program with the major stakeholders, developing a detailed statement about program scope, developing program WBS, and establishing the plan for program management. The students will also be required to undertake the additional tasks, including optimizing the plan for program management, defining PMIS (Project Management Information System), and identifying & managing unresolved issues about the project. In addition, the test takers should be capable of developing the plan for transition/closure/integration, developing KPIs, monitoring key programs for human resources, chartering and initiating constituent projects, among others.
- Benefits Management (11%)
The third subject area includes the tasks, such as developing the plan for realizing the benefits and measurement criteria; identifying and capturing synergies in addition to efficiencies; developing a plan for sustainment; monitoring metrics. Other topics are verifying that the issues, such as the closure, integration, and transition of constituent projects, satisfy or exceed the realization criteria for the benefits; maintaining a register for the benefits and recording program progress; analyzing and updating the plans for the benefits realization in addition to sustainment targeting risk identification, uncertainty, risk mitigation, as well as risk opportunity. The final task focuses on developing a plan for the transition to operations.
NEW QUESTION 188
Component project managers create project management plans for all component projects in a program. The program manager notices that some project managers prefer one status report template, while others prefer another.
How should the program manager decide which template is appropriate?
- A. Review the issue with the program management office (PMO) to determine which template to use.
- B. Review the issue with the project managers and come to mutual agreement on which template to use.
- C. Meet with the program governance board to select an appropriate template.
- D. Allow the component project managers to use their preferred templates.
Answer: B
NEW QUESTION 189
You are the program manager for your organization. You have proposed a program that will cost $750,000 and will last for four years. Management is concerned with the cost of the program in relation to the return your program will bring. If the rate of return is six percent what is the minimum value your project should return in four years based on the investment of the program?
- A. $750,001
- B. $750,000
- C. $795,000
- D. $946,857
Answer: D
NEW QUESTION 190
Which of the following statements are true regarding program scope changes?
- A. The change control process on a program is often hierarchical.
- B. The program has a change control board that analyzes changes at the program level.
- C. Change requests for a particular project have to be approved by the project manager irrespective of their potential impact on multiple projects.
- D. Scope changes may originate from the stake holders.
Answer: A,B,D
NEW QUESTION 191
You are the program manager for your organization. Management is considering a new program but they are worried about the program risks that may affect the program success. You know that there are three positive risks responses and three negative risk responses that each risk can have. Management asks you which risk response would be most appropriate for a large risk event if they wanted to hire a third-party to own the risk event for the program. What risk event is most appropriate?
- A. Avoidance
- B. Sharing
- C. Mitigation
- D. Transference
Answer: D
Explanation:
Section: Volume A
NEW QUESTION 192
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. It is the process of selecting the most suitable response to reduce the threats to the program objectives.
- B. Monitoring reduces the impact of risk by identifying, analyzing, reporting, and managing risks on a continuous basis.
- C. Risk Monitoring and Control is an ongoing process for the life of the program.
- D. Planned risk responses should be continuously monitored for new and changing risks.
Answer: B,C,D
NEW QUESTION 193
A program manager building the world's largest cruise ship is resolving the conflict between the two main sponsors who cannot agree on the number of food and beverage outlets to have onboard. What should the program manager do?
- A. Arrange a meeting with both sponsors and the steering committee to present the market analysis and work through the conflict.
- B. Finalize the business case and market analysis with the core program team and present the findings to the chief executive officer for approval.
- C. Engage the program stakeholders, present the market analysis and findings to facilitate the decision on the best option.
- D. Work with the core program team to conduct a market analysis and make the decision based on the best return on investment.
Answer: C
NEW QUESTION 194
To increase its presence and promote its products and services in new markets, a company begins to implement its new business strategy. The company's CEO endorses a new program to promote and support this strategy. However, before the program is formally initiated, this strategy must be aligned with the organization's strategic goals and objectives.
What should the program manager develop first?
- A. Program risk management plan
- B. Program's risk threshold
- C. Program resource management plan
- D. Program risk and issue governance forum
Answer: D
NEW QUESTION 195
A request for proposal (RFP) yields a bid with a better delivery schedule and a lower cost, but originates from a vendor not on the prequalified vendor list. During the final review of the RFPs, the program manager is informed that the new bidder is a relative of the project manager.
Although the bid meets all company policies, the program manager is concerned about a conflict of interest.
What should the program manager do?
- A. Accept the bid from the new vendor and document the decision.
- B. Add the new vendor to the prequalified list and replace the project manager.
- C. Advise the sponsor of a possible conflict of interest prior to awarding the bid.
- D. Select the best bid from the prequalified vendor list.
Answer: C
NEW QUESTION 196
You are the project manager of a construction project. You have to close a phase of the project. Which is the only technique (or tool) available in the Close Project or Phase process?
- A. Project management information system
- B. Observations
- C. Change control meetings
- D. Expert judgment
Answer: D
Explanation:
Section: Volume B
NEW QUESTION 197
You are the program manager for your program and are creating a communications management plan. Management wants you to address the type of communications based on the number of communication channels you'll have within the program. Currently there are 345 stakeholders in your program but next week you'll have 387 stakeholders. How many more communication channels will you have next week in your program?
- A. 0
- B. 59,340
- C. 74,691
- D. 15,351
Answer: D
NEW QUESTION 198
What does CPI value less than 1.0 indicates?
- A. Cost underrun of performance to date
- B. Cost for completed work is as per estimate
- C. Cost overrun for work completed
- D. Scheduled performance is great
Answer: C
Explanation:
Section: Volume C
NEW QUESTION 199
You are the project manager for the GGG Project and are about to close the project kick off meeting. All of the project team members and the key stakeholders are in attendance. What final item should you talk about before closing the meeting?
- A. Discuss the importance of the project scope.
- B. Thank everyone for attending.
- C. Remind everyone that you're the project manager if they have QUESTIONNOs.
- D. Discuss the action items and the importance of the items being completed as planned.
Answer: D
NEW QUESTION 200
You are a program manager of a program. You are required to compile performance data of your program. These data will be sent to relevant stakeholders. You are reviewing the status reports of all projects including the costs, schedule, scope, risks, and other performance datA.
In which of the following processes are you working on?
- A. Plan Communication
- B. Distribute Information
- C. Monitor and Control Program Performance
- D. Report Program Performance
Answer: D
NEW QUESTION 201
Robert is the program manager for his organization which operates in a matrix structure. Resources in Robert's program will be utilized on several projects in and out of his program. He wants to be certain that all of the resources will be planned accordingly and that the project managers communicate with one another about when the resources will be needed and utilized in the projects. What plan should Robert create along with the project managers to ensure that the resources are scheduled and managed effectively?
- A. Program management calendar
- B. Schedule management plan
- C. Resource calendar
- D. Resource management plan
Answer: D
NEW QUESTION 202
You are the program manager for the NHQ Program. Your program has a budget of
$4,500,000 and has lasted for two years. Your program has just completed its final deliverable and you're completing the final program closure processes. What document must the program customer must now sign as part of program closure?
- A. The customer must now sign the payment for the program work.
- B. The customer must now sign the certificate of program closure.
- C. The customer must now sign the program scope.
- D. The customer must now sign the operational transfer agreement.
Answer: B
Explanation:
Explanation
Section: Volume A
NEW QUESTION 203
Holly is the program manager for her program. She is creating with her team a plan that will address how the program team will achieve program goals based on who the program will need to interact with in the program. This plan should define all of the people, groups, and other entities the program needs to interact with in order to move the program forward. On what plan is Holly working?
- A. Stakeholder management plan
- B. Interface management plan
- C. Communications management plan
- D. Human resource management plan
Answer: B
NEW QUESTION 204
......
The benefit in Obtaining the PgMP Exam Certification
- PMI Program Management Professional will be confident and stand different from others as their skills are more trained than non-certified professionals.
- PMI Program Management Professional Certifications provide opportunities to get a job easily in which they are interested in instead of wasting years and ending without getting any experience.
- PMI Program Management Professional Certification provides practical experience to candidates from all the aspects to be a proficient worker in the organization.
- PMI Program Management Professional has more useful and relevant networks that help them in setting career goals for themselves. PMI Program Management Professional Certification provides them with the right career direction than non certified usually are unable to get.
- PMI Program Management Professional is distinguished among competitors. PMI Program Management Professional certification can give them an edge at that time easily when candidates appear for a job interview employers seek to notify something which differentiates the individual to another.
Target Audience
The PMI PgMP certification is intended for senior-level management professionals. The individuals who should apply for this certificate are those who are capable of managing multiple projects that are related to each other. Their experience should include navigating complicated projects that cover various functions, organizations, cultures, or regions. These specialists should be able to ensure that the results of the project are aligned with the goals of the particular organization.
PgMP exam dumps with real PMI questions and answers: https://www.braindumpspass.com/PMI/PgMP-practice-exam-dumps.html
PgMP Exam in First Attempt Guaranteed: https://drive.google.com/open?id=1U0yIbwb6esqY3ieTruV0RVxDUknAO2ew
