Online Access Free PgMP Practice Test

A program manager is identifying and verifying risks as outlined in the risk management plan. The results will be recorded in which of the following?

• A.Risk register
• B.Risk response planning
• C.Risk monitoring and control
• D.Risk mitigation strategy

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.$2,074,249
• B.$1,158,250
• C.$1,550,000
• D.It depends on the internal decision making process.

The program sponsor returns from a board of directors meeting after identifying a significant risk to the program schedule. This may impact the program's benefits realization.
What should the program manager do next?

• A.Adjust the program scope to avoid the risk.
• B.Update the program benefits management plan and risk register.
• C.Document the risk and create a mitigation plan.
• D.Implement the mitigation plan for the identified risk.

Which one of the following is not considered one of the three components of the Iron Triangle?

• A.Cost
• B.Quality
• C.Scope
• D.Time

You have identified several issues in your program and have assigned issue owners. What component of program management oversees issue resolution?

• A.Issue owner management
• B.Program governance
• C.Program risk management
• D.Quality assurance