Testking offers free demo for PgMP exam. "Program Management Professional (PgMP)", also known as PgMP exam, is a PMI Certification. This set of posts, Passing the PMI PgMP exam, will help you answer those questions. The PgMP Questions & Answers covers all the knowledge points of the real exam. 100% real PMI PgMP exams and revised by experts!

Q81. On which of the following documents you work throughout the risk management processes? 

A. Risk management plan 

B. Project management plan 

C. Risk register 

D. Project charter 

Answer: C 


Q82. 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. $946,857 

C. $795,000 

D. $750,000 

Answer: B 


Q83. A risk response in a project in your program has actually caused new risks. What term is assigned to the new risks that a risk response has created? 

A. Reactionary risks 

B. Chain risks 

C. Secondary risks 

D. In flux risks 

Answer: C 


Q84. An organization is considering a new program. The business analyst believes that the benefits to the organization would equate to $1,550,000 in five years. If the rate of return for this program is six percent what is the maximum amount the organization should invest in this program? 

A. $1,158,250 

B. It depends on the internal decision making process. 

C. $2,074,249 

D. $1,550,000 

Answer: A 


Q85. You are the program manager for your organization. Your current program is to create a new recreational facility in your city. Franklin, the Chief Executive Officer, is concerned about meeting all of the financial and schedule requirements of the proposed program. Martina, the mayor of your town, wants to make certain the program meets all safety requirements and building codes. Your supervisor, Mary Ann, is the Program Director, and she is concerned about the start date of your program. Another stakeholder, Hal, is worried that your resources may be spread thin on the program as some of the resources are on multiple projects in your program. To whom will you report to in this program? 

A. Franklin 

B. Martina 

C. Hal 

D. Mary Ann 

Answer: D 


Q86. What does RACI stand for? 

A. Responsible, Account, Confirm, Inform 

B. Responsible, Accountable, Consult, Inform 

C. Roles, Accountable, Confirm, Inform 

D. Roles, Action, Consult, Inform 

Answer: B 


Q87. You are the program manager for your organization. Management has asked you to create a method to track the program stakeholders' concerns, threats, and demands for communication. They would like you to map out each stakeholder or stakeholder group and identify trends within the chart to help your program communicate better. What type of a chart should you create for management? 

A. RACI chart 

B. Stakeholder analysis chart 

C. Roles and responsibilities chart 

D. Communication matrix 

Answer: B 


Q88. You are the program manager for the HNY Corporation and you complete programs for other companies in your role. You have just been assigned a new program that is very similar to a recently completed program you did for your company. Management has asked you to create a cost estimate for the program so you base your current cost estimate on the recently finished program. What type of estimating technique have you used in this instance? 

A. Rough order of magnitude 

B. Parametric 

C. Analogous 

D. Bottom-up 

Answer: C