[Free] 2019(Nov) EnsurePass PMI PgMP Dumps with VCE and PDF 71-80

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Question No.71

An organization supports both programs and projects for various industries. What is a portfolio?

  1. A portfolio is the total amount of funds that have been invested in programs, projects, and operations.

  2. A portfolio describes all of the monies that are invested in the organization.

  3. A portfolio describes the organization of related projects, programs, and operations.

  4. A portfolio describes any project or program within one industry or application areA.

Correct Answer: C

Question No.72

Joan is the program manager for her organization. Management has asked her to create a centralized reporting system to capture information on program work, risks, changes, benefits management, and other aspects of the program. What solution can Joan implement to capture, communicate, and record the information management wants?

  1. Program management information system

  2. Program management integrated change control

  3. Change control systems

  4. Program management plan execution

Correct Answer: A

Question No.73

You are the program manager for your organization. Your current program, which has just started, has eight projects and many of the projects share resources such as equipment and people.

Management has asked that you identify when the project resources will beutilized on each project within your program. They are worried some resources may be idle or overscheduled. What approach can you use to consider the availability of resources when the project managers begin sequencing their project activities?

  1. The project managers will use the critical path method for scheduling activities.

  2. The project managers will use PERT to schedule all activities.

  3. The project managers will use the critical chain method for scheduling activities.

  4. The project managers will create Gantt charts to schedule all activities.

Correct Answer: C

Question No.74

You are the program manager for your organization and you#39;re trying to determine if you buy or build a software solution for your organization. If you build the solution it#39;ll cost you $75,000 to create and it#39;ll cost you $12,000 per month to support. If you hire a vendor they can build the solution for $63,000 but their solution will cost you $15,500 per month to support. How many months would you have to use your in-house solution to equate to the cost of the vendor#39;s solution?

  1. Approximately 6 months

  2. You#39;ll never be able to equate to the cost of the vendor#39;s solution.

  3. Approximately 3.5 months

  4. Approximately 10 months

Correct Answer: C

Question No.75

Robert is the program manager of the NHQ Program. His team has never worked with one another before this program and he is worried about their abilities to become a team in very short order. He would like to create a team development exercise to facilitate this process. Robert will need all of the following information except for which one to facilitate team development?

  1. Risk management plan

  2. Program management plan

  3. Personnel records

  4. Training records

Correct Answer: A

Question No.76

What document asks the seller to provide your project with a detailed description of a project solution along with a price to complete the project work?

  1. Proposal

  2. RFP

  3. Bid

  4. Quote

Correct Answer: A

Question No.77

Martha is sharing her experience of her last project as the project manager. She tells that when she presented customer a formal acceptance and sign-off document, they refused to sign, claiming that the product does not meet their expectation. Taking which of the following steps could have been prevented the situation? Each correct answer represents a complete solution. Choose all that apply.

  1. Performing quality inspections regularly

  2. Archiving sign-off at important milestones

  3. Documenting the requirements

  4. Completing the project behind the schedule

Correct Answer: ABC

Question No.78

You are the program manager for your organization and are working on gathering the requirements for a new solution and mission statement. There are several instances in the stakeholder pool where the stakeholders and their manager are being queried on possible requirements. You worry that the subordinates may have requirements, ideas, and suggestions to offer but they may be not submitting their thoughts because they do not want to contradict their managers. You believe you need a method to gather all requirements without the stakeholders having any fear of retribution. Which one of the following allows you to anonymously gather iterations requirements and still allow for all stakeholders to review what has been submitted in an attempt to find consensus?

  1. Delphi Technique

  2. Focus groups

  3. Web surveys

  4. Workshops

    Correct Answer: A

    Question No.79

    An organization is considering a new program. The program has a cost of $1,950,000 and will last for three years. What is the minimum future value this organization should expect to receive from this program if it is initiated and the rate of return is six percent?

    A.

    $2,322,481

    B.

    $1,950,000

    C.

    $2,067,000

    D.

    $1,950,001

    Correct Answer: A

    Question No.80

    You are the program manager for your organization and you#39;re dealing with several issues about the materials used in the program. Right now, the issues have been assigned to issue owners for resolution in ten days. In the interim, what should you do with the issues?

    1. Nothing – the issue owners will manage all concerns with the issues.

    2. Record the issues in the issue register.

    3. Communicate the issue status with the program sponsor.

    4. Document the issues in the risk register.

Correct Answer: B

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