This practice test is designed to simulate PMI®’s 170-question PgMP® certification exam. You have four hours to answer all questions.
INSTRUCTIONS: Note the most suitable answer for each multiple-choice question in the appropriate space on the answer sheet.
Group A NPV at |
Group B NPV at |
Group C NPV at |
Group D NPV at |
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5% = 5,243 |
5% = 2,320 |
5% = 6,400 |
5% = 3,000 |
10% = 2,841 |
10% = 1,254 |
10% = 3,275 |
10% = 2,755 |
15% = 1,563 |
15% = 688 |
15% = 1,679 |
15% = 700 |
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1. b. | Portfolio The portfolio is where investment decisions are made, resources are allocated, and priorities are identified. Thus, it is one of the truest measures of the organization’s intent, direction, risk tolerance, and progress. Program components must be aligned with the organization’s strategy to clearly show why they are being undertaken. PMI®, The Standard for Program Management, 2013, 11 |
2. c. | Have your vendor prepare eLearning modules that team members can access at their convenience Considering your team members’ various locations and work schedules, the best option is to provide them with training that they can access when time permits. Although MP3 recordings can be accessed on an as-needed basis, audio recordings are much less effective than eLearning modules in helping people to learn a software system. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 |
3. a. | Stakeholder register Stakeholder engagement and communications management are closely related. In working to prepare a communications plan for your program, a stakeholder register is another output from Communications Planning to show stakeholder information requirements. PMI®, The Standard for Program Management, 2013, 74 |
4. d. | Inform the ABS point of contact about the MRA issue If you do not pass the MRA, you cannot re-take it for a year. As you are not certified as a PgMP®, and it was a contractual requirement to be certified, you need to inform the client. As part of the PMI® Code of Ethics and Professional Conduct, it is incumbent to act in a truthful matter and under fairness we must disclose any real or potential conflicts of interest to appropriate parties. PMI®, PMI Code of Ethics and Professional Conduct. Available from http://www.pmi.org/codeofethicsPDF, 4–5 |
5. d. | Consider her proposed change may be an opportunity to respond adaptively The program manager, team members, members of the Governance Board and other stakeholders may initiate change requests for a variety of reasons. Working on programs, the need for change may be viewed as an opportunity. It enables the program manager to respond adaptively to evolving circumstances and ensure the program can deliver its desired benefits and value to the organization. The best approach is for the program manager and the Governance Board to embrace the need for change and work collaboratively to see that needed changes to ensure benefit delivery are pursued. PMI®, The Standard for Program Management, 2013, 59 |
6. c. | Program goals and objectives Goals are clearly defined outcomes as to what the program is to achieve, while objectives are final results, outputs, and deliverables from the individual projects. They are part of the program plan in Program, Strategy Management. PMI®, The Standard for Program Management, 2013, 28–29 |
7. d. | It will define how and when benefits will be delivered The purpose of the benefits realization plan is to document the activities to achieve the program’s planned benefits. It thus defines how and when benefits are to be delivered. PMI®, The Standard for Program Management, 2013, 38 |
8. a. | Served as a baseline for the program with the existing metrics in it The benefits realization plan is the baseline document that guides benefit delivery through program performance. When the plan is developed with the measurement criteria in it, it then sets a baseline for the program and it is then communicated to stakeholders, including sponsors. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 PMI®, The Standard for Program Management, 2013, 38 |
9. d. | Determine the optimal supply chain strategy based on a wide variety of factors Make-or-buy decisions are business decisions that can have far-reaching impacts on any organization. A decision, for example, to outsource an operation could lead to a lack of core competency in that area. Make-or-buy decisions determine which program elements will be delivered using internal resources as compared to those that will be obtained from outside suppliers. PMI®, The Standard for Program Management, 2013, 90 |
10. d. | Communications strategy Since the program manager communicates to a wide audience at various levels, and is the key communicator for the program, he or she can benefit from a defined and documented strategy for the wide spectrum of communication requirements. PMI®, The Standard for Program Management, 2013, 75 |
11. b. | Define the high-level requirements. Business and high-l evel requirements need to be developed, documented, and delivered. As the business case Is prepared, the high-level requirements must be determined before moving forward as part of this initial program assessment. PMI®, The Standard for Program Management, 2013, 28 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Milosevic, Dragan Z., Martinelli, Russ J., and Waddell, James M. Program Management for Improved Business Results. 2007, Hoboken, NJ: John Wiley & Sons, 150 |
12. b. | Program Financial Monitoring and Control Environmental changes are critical, because they can affect the program financial management activities. It is necessary for the program’s finances and expenditures to be within budget and controlled; these environmental changes could create changes to the budget baseline. PMI®, The Standard for Program Management, 2013, 81 |
13. c. | Program plan A program plan is prepared during Program Strategy Alignment, which is the documented reference by which a program will measure its success and includes metrics for success, a method for measurement, and a definition of success. The program management plan is prepared in Program Preparation and is more detailed based on the various outputs from program formulation. PMI®, The Standard for Program Management, 2013, 28, 68 |
14. a. | PWBS The program work breakdown structure (PWBS) formalizes the program scope in terms of deliverables and the work that must be done. It then is used to build realistic schedules, develop cost estimates, and organize the work. PMI®, The Standard for Program Management, 2013, 105 |
15. c. | Have her go through a 360-degree feedback analysis A 360-degree feedback analysis is an excellent mechanism to look broadly at a person’s management, leadership, and interpersonal skills. It can provide an excellent foundation for future development as well as providing key insights by the people that work with her on a daily basis. PMI. Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 Levin, Ginger and Ward, J. LeRoy. Program Management Complexity: A Competency Model. 2011. Boca Raton, FL: CRC Press, 70 |
16. b. | Update the roadmap Planning is an iterative process. As the benefit realization plan is updated, the program roadmap also should be updated especially since among other things the roadmap describes incremental benefit delivery as applicable. PMI®, The Standard for Program Management, 2013, 38–39 |
17. c. | Enables a focus on changing strategies Unlike governance at the project level, which is focused on control to ensure projects are meeting the triple constraint, at the program level, governance is a way in which programs seek authorization and support for dynamically changing program strategies or plans to respond to emerging outcomes. PMI®, The Standard for Program Management, 2013, 52 |
18. b. | Prepared a roadmap This program will last a long time. The roadmap is a chronological representation shown graphically of the program’s intended direction and has a set of documented success criteria for each chronological event. PMI®, The Standard for Program Management, 2013, 29 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
19. a. | Differentiate between the resources assigned to the program and those at the project level An accountability matrix is useful on programs. It can identify and assign program roles and responsibilities in order to build the core team. It is also helpful to differentiate between the program and project resources. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 8 |
20. a. | Some projects may need to be integrated with others to provide program benefits In a program, some projects may produce benefits that can be realized immediately, and others may deliver capabilities that must be integrated with those of other projects to realize benefits. The program life cycle may be extended as some projects transition and others begin. PMI®, The Standard for Program Management, 2013, 5, 19 |
21. b. | Identify competency requirements for each role and responsibility After the competence requirements are identified, the next step is to negotiate for team members, assess their strengths and weaknesses, and build a training plan. Core team assignments are determined during program infrastructure development. PMI®, The Standard for Program Management, 2013, 85–86 Milosevic et al., 2007, 397–400 Thiry, Michel. Program Management. 2010, Surrey, England: Gower Publishing Limited, 93–96 Levin, Ginger and Ward, J. LeRoy. 2011, Program Management Complexity: A Competency Model. Boca Raton, FL: CRC Press |
22. a. | An assumption Assumptions are considered to be true, real, or certain. In this situation, both project managers have assumed that this critical resource will be available as required. The program manager must work to resolve this situation. PMI®, PMI Lexicon of Project Management Terms. Available from http://pmi.org/lexicomterms |
23. c. | Hold a status review Status reviews are needed throughout the program as part of Program Performance Reporting. Information on status and progress must be communicated to stakeholders. Periodic reports should be prepared, and presentations should be conducted. These reviews should be held regularly to ensure compliance with contracts and with the cost and schedule baselines. PMI®, The Standard for Program Management, 2013, 77 |
24. b. | The major project life-cycle phases and the activities within them will remain similar Although the type of program may influence the life cycle, the primary life-cycle phases and their activities are similar since the purpose of life cycle management is to manage activities regarding program definition, program benefits delivery, and program closure. PMI®, The Standard for Program Management, 2013, 167 |
25. a. | Positive, because you will be building stronger relationships with your client Provided the client’s code of ethics does not prohibit such entertainment activities, politicking is a skill and competency that successful program managers practice. In this instance, such activity can be very helpful in uncovering underlying problems. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 14 |
26. a. | Demonstrate an understanding of the needs of the customer. The business case must demonstrate an understanding of the needs, business benefits, feasibility, and program justification. To do so, skills in feasibility analysis and marketing are required. The business environment and customer requirements information are necessary to build the business case. PMI®, The Standard for Program Management, 2013, 28 Milosevic et al., 2007, 281–283 |
27. c. | Determine whether changes are required to components The benefits realization plan is used by program governance for a number of reasons. The Governance Board is interested in determining if benefit achievement is occurring as planned or whether changes are needed to the components or to the program. PMI®, The Standard for Program Management, 2013, 38 |
28. d. | Assigned by the program sponsor During Program Initiation, the program sponsor is selected, and he or she assigns a program manager to conduct and manage the initial work for the program. PMI®, The Standard for Program Management, 2013, 83 |
29. a. | Complete a skill set inventory Regardless of the assertions made by the other managers who provided the team members, it is important to fully understand what skill sets each member has. After a skill set inventory is completed, team assignments can be made. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 |
30. a. | Document the rationale for the decision In Program Scope Control, a change management activity is established. As an output, the disposition of the request is determined, and the rationale of the decision is documented. PMI®, The Standard for Program Management, 2013, 106 |
31. c. | Make them readily accessible for continuous learning Lessons learned should be prepared by the program manager and discussed with the team. Then, as part of Knowledge Transition, they should be set up so they are regularly accessible to existing or future programs to facilitate continuous learning and avoid pitfalls that other programs may encounter. PMI®, The Standard for Program Management, 2013, 88 |
32. d. | Meet with as many end users as is feasible to understand what features they would like in a printer In this situation, the program manager has two clients: the retail store that places orders for the printer and the end user who actually uses the product. To ensure that the best product is made that will satisfy the needs of the marketplace, the program manager should meet with as many end users as is feasible. Milosevic et al., 2007, 366 |
33. c. | Take corrective action Bad debt is money that is not collectible and is therefore worthless. As a result, it is deemed an expense to the business rather than revenue, because the business incurred the expense of providing a service or product for which it was not paid. In response to this problem, you need to take corrective action, which is an output of Program Financial Monitoring and Control. PMI®, The Standard for Program Management, 2013, 81–82 |
34. a. | What are the assumptions that are part of your analysis? Even before programs are authorized, risks must be identified and analyzed. Assumptions analysis is a risk identification tool and technique and also is conducted as part of program strategy analysis in environmental analysis. PMI®, The Standard for Program Management, 2013, 28, 32 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
35. c. | Identify tangible and intangible benefits, expressing the intangible benefits in quantifiable terms. The business case assesses the program’s balance between costs and benefits. The cost/benefit analysis should answer questions such as how much will the program cost to implement, how much work the program will contribute to the bottom line, and is the program worth investing in terms of achievement of specific business objectives. It includes tangible and intangible benefits. The intangible benefits should be expressed in quantifiable terms such as dollars gained or saved, hours saved, and gross margin increase. PMI®, The Standard for Program Management, 2013, 27–28 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Milosevic et al., 2007, 282–283 |
36. c. | Public announcements should be prepared Distributed information concerning the program should be provided in useful formats and using the appropriate media. Public announcements communicating information useful to the general public should be prepared as appropriate. PMI®, The Standard for Program Management, 2013, 75 |
37. b. | Stakeholder register The stakeholder register is an output of Communications Planning to document information requirements in the register of each stakeholder. It is also prepared in Program Stakeholder Identification and is maintained and updated throughout the program. PMI®, The Standard for Program Management, 2013, 46, 74 |
38. b. | Requesting a quality assurance audit As the products are not passing inspection, a quality assurance audit may be useful to assess the quality control results of the components and to see if overall program quality is being delivered as set forth in the program quality plan. PMI®, The Standard for Program Management, 2013, 93 |
39. a. | Revisit and update your program documentation as required Planning is an iterative process. When components are initiated or terminated, all program-level documentation associated with the component needs to be updated to reflect changes. PMI®, The Standard for Program Management, 2013, 61 |
40. b. | Whether the window of opportunity was compromised Program Benefits and Program Governance are closely linked. The Governance Board, among other things, focuses on benefit delivery and ensuring programs deliver promised benefits. It, along with the program manager and other key stakeholders, may determine the window of opportunity was compromised by actual events in the program, one of which is feature reductions. Investments have time value, and shifts in component schedules may have additional financial impact. PMI®, The Standard for Program Management, 2013, 41 |
41. c. | Revisit the program master schedule The program master schedule should be reviewed to assess the impact of component changes such as missing a key milestones on the other components and on the program itself, There may be a need to accelerate or decelerate components in the schedule to meet goals. Early identification of slippages such as this one is critical. PMI®, The Standard for Program Management, 2013, 103–104 |
42. b. | Notification of change requests During the Information Distribution activity, information that is distributed includes notification of change requests to the program and project teams, and eventually, notification of the responses to the change requests. PMI®, The Standard for Program Management, 2013, 75 |
43. a. | Roadmap The roadmap is an important document that is used throughout the program. In Program Strategy Alignment, it is prepared for a variety of reasons among which is to establish the relationship between the program activities and the expected benefits. PMI®, The Standard for Program Management, 2013, 29 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
44. b. | Resource use Change requests occur for a variety of reasons. Since most organizations are resource constrained, the most significant requests tend to be ones involving resource use, strategy, or plans. PMI®, The Standard for Program Management, 2013, 59 |
45. a. | Assign program roles and responsibilities Resource prioritization is a key responsibility for the program manager, and resource use across components must be optimized. A human resource plan is useful to identify, document, and assign program roles and responsibilities to individuals and groups. PMI®, The Standard for Program Management, 2013, 95 |
46. c. | See if residual activities are required Before closing a program, estimates may be needed to determine costs of sustaining the program’s benefits. Residual activities may be required to oversee the ongoing benefits. PMI®, The Standard for Program Management, 2013, 82 |
47. c. | Revisit and update your program plans Acquisitions and mergers are unplanned events. When they occur, they should trigger a review of existing program plans to see whether updates are required to ensure ongoing usefulness. Planning is an iterative activity as competing priorities must be resolved to address critical factors. PMI®, The Standard for Program Management, 2013, 85 |
48. d. | Stakeholder engagement In Stakeholder Engagement, the program manager requires negotiation skills. Often, stakeholder groups require facilitated negotiation sessions when expectations conflict. PMI®, The Standard for Program Management, 2013, 50 |
49. c. | Estimate the high-level financial and non-financial benefits It is essential to estimate the high-level financial and non-financial benefits of the program in order to both obtain funding for it and also to maintain funding authorization for the program. This approach as well drives the prioritization of the projects in the program. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Thiry, 2010, 77 |
50. a. | Are working on a strategic program There are three typical types of programs; this scenario is an example of a strategic program and is initiated to support the organization’s strategic goals and objectives and enable the organization’s vision and mission. PMI®, The Standard for Program Management, 2013, 141 |
51. d. | The benefits report Programs are established to deliver benefits. A defined set of benefit reports or metrics must be prepared and reported to the PMO, Governance Board, sponsors, and other stakeholders to assess the overall health of the program to ensure successful benefit delivery. PMI®, The Standard for Program Management, 2013, 40 |
52. c. | Prepare a stakeholder register In Program Stakeholder Identification, stakeholders are identified and analyzed to prepare a stakeholder register. The register uses detailed stakeholder analysis as it is prepared to list the stakeholders, their levels of interest and involvement in the program, their degree of support, and other relevant information. PMI®, The Standard for Program Management, 2013, 46 |
53. d. | Release resources when they are no longer needed In Resource Interdependency Management, the program manager controls the schedule for scarce resources. In all programs, and especially in the one described here, the program manager must ensure resources are released for other programs when they are no longer needed on the current program. PMI®, The Standard for Program Management, 2013, 95 |
54. d. | Develop a program roadmap During Program Initiation phase, the program roadmap is elaborated. Among other things, it reveals and explains gaps as well as serving as a chronological representation of the program’s intended direction. PMI®, The Standard for Program Management, 2013, 84 |
55. d. | Prepare a high-level approach In organizational strategy and business alignment, since the area to be addressed is understood, the next step is to prepare a high-level approach or plan, often defined In the form of a roadmap. PMI®, The Standard for Program Management, 2013, 27 |
56. c. | Use a program work breakdown structure Because the PWBS reflects the total scope of the program, it encompasses all benefits (products and services) to be delivered by the program, including the deliverables produced by the components. PMI®, The Standard for Program Management, 2013, 105 |
57. d. | Use open-ended questions Regardless of the technique used, the best approach is to use open-ended questions to obtain as much information as possible and to solicit stakeholder feedback. PMI®, The Standard for Program Management, 2013, 48 |
58. c. | Program sponsor The program sponsor is the individual executive, or group of executives, who champions the program initiative, is responsible for providing project resources, and ensures the ultimate delivery of program benefits. PMI®, The Standard for Program Management, 2013, 47 |
59. c. | Approve required changes to the program Phase-gate reviews serve numerous purposes and should be held throughout the program. They enable the Governance Board to approve or disapprove the passage of the program from one significant phase to the next and to review and approve any required program changes, PMI®, The Standard for Program Management, 2013, 59 |
60. d. | Authorize components Since the program management plan has been prepared and formally approved, the program now is in the Program Benefits Delivery Phase. During this phase, components are planned, integrated, and managed to facilitate benefit delivery. The components first must be authorized through the governance function. PMI®, The Standard for Program Management, 2013, 68–69 |
61. b. | Meet with stakeholders After the benefit register is set up, it should be reviewed with key stakeholders to develop the appropriate performance measures for each benefit. These key performance indicators become part of the register for the program. PMI®, The Standard for Program Management, 2013, 36 |
62. c. | Changing culture The scenario is one in which virtual teams will be used for the first time, and the organization has locations in four continents. This approach is a culture change for the organization, and changing culture takes time. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Thiry, 2010, 54–56 |
63. b. | Training, coaching, mentoring, and recognizing your team A high-performing team is critical to success on every program. Leadership Is embedded in the program manager’s job throughout the life cycle, The program manager leads human resource functions to improve team engagement and achieve commitment to the program’s goals. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 PMI®, The Standard for Program Management, 2013, 15 |
64. a. | Root-cause analysis Stakeholder metrics are included in the stakeholder engagement plan. Program managers need to review metrics regularly to identify potential risks caused by lack of stakeholder participation. Trends and root-cause analysis are used. PMI®, The Standard for Program Management, 2013, 50 |
65. a. | Define the program’s scope and benefit strategy The Initiate Program process helps to define the program’s scope and benefits strategy in the charter before the program is officially authorized. PMI®, The Standard for Program Management, 2013, 83–84 |
66. a. | Endorsing or approving recommendations for programs Program governance covers systems and methods by which programs and its strategy are defined, authorized, monitored, and supported by the organization. It ensures programs are managed effectively and consistency. The Governance Board is charged to endorse or approve recommendations made regarding a program under its authority. PMI®, The Standard for Program Management, 2013, 51 |
67. b. | The benefit register The benefit register lists the planned benefits and is used to measure and communicate the delivery of the benefits during the program. Among other things, it includes derived key performance indicators and thresholds to evaluate their achievement. PMI®, The Standard for Program Management, 2013, 36 |
68. c. | Upgrading the nation’s airspace system An upgrade to the nation’s airspace system would consist of numerous projects as well as ongoing work. If these projects were managed in a coordinated way, then you would have better control over them and would obtain greater benefits. PMI®, The Standard for Program Management, 2013, 4 |
69. d. | 90 days Establishing a longer period of time to pay your subcontractors than the payment terms you have with the studio ensures that you will have the cash to pay your subcontractors without the need to borrow money or take it from savings. Milosevic et al., 2007, 358–359 |
70. d. | Conduct a thorough analysis of the situation It is easy to assume the lack of participation is a problem when it may be that these stakeholders are confident with the program’s direction. Through analysis avoids incorrect assumptions about stakeholder behavior that could result in a poor or ineffective decision. PMI®, The Standard for Program Management, 2013, 50 |
71. a. | Obtain needed information to inform the Governance Board An issue escalation process should be included in the governance plan. There are times when the program manager may need to contact an executive or an external stakeholder, and information obtained should then be provided to the Governance Board. The governance plan defines expectations for issue escalation at all levels including when to engage stakeholders for effective issue resolution. PMI®, The Standard for Program Management, 2013, 56 |
72. c. | Update the business case As the program manager, you are responsible for guiding the initiating activities and facilitating developments of its outputs. This means you are responsible for business case updates. In this situation, given the budget cuts, it is unlikely the agency will pursue the program or if it does go forward, it will have a lower priority in the portfolio. PMI®, The Standard for Program Management, 2013, 83–84 |
73. a. | Poor performance Programs may be canceled because of poor performance or changes to the business case that make the program unnecessary. This is a result of poor performance since the competitor’s product is on the market. PMI®, The Standard for Program Management, 2013, 89 |
74. a. | It approved the quality plan The Governance Board approves the quality plan, which establishes mechanisms to ensure program quality by identifying and applying cross-component quality standards. PMI®, The Standard for Program Management, 2013, 58 |
75. a. | Contract management plan During Program Procurement, the contract management plan is prepared based on the specified items or services within the contract. It is used for contract administration. PMI®, The Standard for Program Management, 2013, 91 |
76. b. | Governance Board The Program Governance Board is responsible for ensuring program goals are achieved and provides support for addressing risks and issues throughout the organization. PMI®, The Standard for Program Management, 2013, 47 |
77. b. | Resource use Program performance reports include summary progress of the program’s components, the program’s status relative to benefits, and resource use to determine if the program’s goals and benefits will be met. PMI®, The Standard for Program Management, 2013, 87 |
78. b. | Negotiate with stakeholders Influence is the ability to affect the beliefs, actions, and attitudes of other people and useful in negotiating with stakeholders in Stakeholder Engagement. PMI®, The Standard for Program Management, 2013, 50 Levin and Ward, 2011, 81 |
79. b. | Personally provide a copy of the governance plan to these new members Leadership is embedded in the program manager’s job, and there is a collaborative relationship between the program manager and the Governance Board. The governance plan set forth the goals, structure, roles, responsibilities, policies, and procedures, and logistics to execute the governance process. PMI®, The Standard for Program Management, 2013, 15, 55 |
80. b. | Program B Program B is quality-driven, as illustrated by its strategy to delay the schedule if necessary in a trade-off situation. Its competitive attribute is superior quality, which aligns with the organization’s culture and environment. Milosevic et al., 2007, 75–76 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
81. c. | The operational costs As part of Program Financial Monitoring and Control, it is necessary to manage the expenditure on the program’s infrastructure. These costs cannot be overlooked, and it is necessary to ensure they are within expected parameters. PMI®, The Standard for Program Management, 2013, 81 |
82. c. | Delivery and transition of benefits Before the end of benefit delivery phase, when a component is ready for transition and closure, it is reviewed to verify that the benefits were delivered, and the transition is in place for any remaining and sustaining activities. Members of the Governance Board and the sponsor perform this final review. PMI®, The Standard for Program Management, 2013, 70 |
83. b. | Defining quality standards There are many varieties of PMOs, and they provide support to program managers in different areas, one of which is defining the program’s quality standards and the quality standards for the program’s components. PMI®, The Standard for Program Management, 2013, 13 |
84. d. | Program performance support While all are functions performed by the Governance Board, through program performance support, the Governance Board enables the pursuit of programs and optimizes their performance by allocating resources including staff, budget, and facilities. PMI®, The Standard for Program Management, 2013, 57 |
85. b. | Program scope statement The program scope statement documents, defines, and assesses the context and framework of the program. It establishes the direction to be taken and the essential aspects to be accomplished. Stakeholders should verify and approve the scope statement. PMI®, The Standard for Program Management, 2013, 105 |
86. d. | Program scope statement The program scope statement is the basis for future program decisions and establishes the expectations of the endeavor. Program stakeholders should verify and approve the scope statement for a common understanding. This is especially important if a stakeholder might erroneously assume that a particular product, service, or result is a program component. PMI®, The Standard for Program Management, 2013, 105 |
87. b. | Program reporting and control A best practice followed by many organizations is to define standardized monitoring and control processes applicable to all programs. The Governance Board then assumes compliance with these processes. An example is known program risks, their response plans, and escalation criteria. PMI®, The Standard for Program Management, 2013, 57 |
88. d. | Program D The payback period can be determined by dividing the initial fixed investment in the program by the estimated annual net cash inflows. In this example, the payback period for Program D is 2.5 years, so it should be selected. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Milosevic et al., 2007, 21 and 42 |
89. d. | Have the first draft of the program schedule identify the start and end dates of the components The first draft of the program’s master schedule often identifies only the order and start and end dates of components. Then, component results can be added as their schedules are developed. PMI®, The Standard for Program Management, 2013, 102 |
90. c. | Meet with all three project managers and inform them that you will manage any resource redeployment issues It is the program manager’s responsibility in Resource Prioritization to optimize resource use across program components. The program manager balances the needs of the program with resource availability. PMI®, The Standard for Program Management, 2013, 95 |
91. c. | Manage a component Governance Board While some organizations use the same Governance Board for the program and its components, others have the program manager assume responsibility for the governance function for the program components. Factors to consider if the program manager is to assume this responsibility include the experience of the program manager, the program’s level of complexity, and the extent of the coordination effort required to manage the program in the organization. PMI®, The Standard for Program Management, 2008, 2013, 63–64 |
92. a. | Although the program is over budget, the overrun is insignificant at this time The cost variance (CV) is calculated by subtracting the actual cost (AC) from the earned value (EV); that is, CV = EV − AC, or €42,000 − €50,000 = −€8,000, which is insignificant compared to the budget at completion (BAC). PMI®, The Standard for Program Management, 2013, 81 PMI® PMBOK® Guide—Fifth Edition (2013), 224 |
93. b. | Update your roles and responsibilities matrix This decision by the Governance Board is a change as much of the work now will be outsourced. The program manager should update the roles and responsibilities matrix. PMI®, The Standard for Program Management, 2013, 59 |
94. d. | Define the objectives Before moving forward, an initial program assessment should be conducted to ensure the program’s alignment with the organization’s strategic plan, objectives, priorities, and mission statement. This is done by defining program objectives, requirements, and risks. PMI®, The Standard for Program Management, 2013, 6–7 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
95. c. | All available financial information and all income and payment schedules are listed in detail as the budget is prepared In developing the budget it is necessary to compile all available financial information and list all income and payment schedules in sufficient detail. By doing so, the program’s costs can be tracked as part of the budget baseline. PMI®, The Standard for Program Management, 2013, 80 |
96. a. | Show “what’s in it for me” All stakeholders should receive timely information about the program. When status information, cost information, risk analysis, and other relevant information are distributed, a best practice is to address the “what’s in it for me” question. PMI®, The Standard for Program Management, 2013, 75 |
97. c. | The EPMO provides knowledge management support Although it is not providing knowledge management support at this time, doing so is an established function of PMOs (or in this case the EPMO) to support program managers. PMI®, The Standard for Program Management, 2013, 13 |
98. b. | Program scope Program issues such as ones involving human resources, finance, technology, and the schedule need to be identified. Then a course of action is selected consistent with program scope, constraints, and objectives to achieve the program’s benefits. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
99. c. | Group C Using net present value (NPV) as a selection criterion, a dollar a year from now is worth less than a dollar today. The more the future is discounted (that is, the higher the discount rate), then the lower the NPV of the program. If the NPV is higher, then the program is rated higher than others. In this example, Group C has the highest NPV and should be selected. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Milosevic, Dragan, Project Management ToolBox: Tools and Techniques for the Practicing Project Manager, 2003, Hoboken, NJ: John Wiley & Sons, 42–44 |
100. b. | Establishing the program’s financial framework The purpose is to assess the overall financial environment for the program and to identify funding sources for the identified milestones. The key output is the program financial framework to coordinate the available funds, constraints, and how payments will be made. PMI®, The Standard for Program Management, 2013, 78–79 |
101. a. | Generate the program schedule Upon completion of the PWBS, realistic schedules can be built, cost estimates can be developed, and the program’s work can be organized. PMI®, The Standard for Program Management, 2013, 105 |
102. b. | Some corrective actions may be required as a result of risk mitigation activities As a program manager, one must analyze and update the benefit realization and sustainment plans for uncertainty, risk identification, risk mitigation, and risk opportunity in order to determine if corrective actions are necessary and then communicate them to stakeholders. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 |
103. c. | Program Performance Monitoring and Control These activities are performed throughout the course of the program by the program manager and component management organizations. They include collecting, measuring, and disseminating performance information and assessing program trends. PMI®, The Standard for Program Management, 2013, 87 |
104. b. | Focus groups Focus used to solicit feedback from stakeholder groups regarding their attitudes to better understand the organization culture, politics, concerns, and the overall impact of the program. Open-ended questions help participants to interact with one another, thus resulting in a deeper understanding of program needs. PMI®, The Standard for Program Management, 2013, 48 |
105. d. | The contractor has the appropriate tools and techniques to safeguard your intellectual property Intellectual property (IP) is the lifeblood of any company. Outsourcing a project or group of projects to a contractor provides the contractor the opportunity to work with and manipulate your IP. You need to be absolutely certain that the contractor has safeguards in place to protect your IP. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 9 |
106. a. | Checklists are completed Program quality control consists of monitoring components and deliverables to determine if they fulfill quality requirements that lead to benefit realization. It is performed throughout the program. An output is a completed quality checklist. PMI®, The Standard for Program Management, 2013, 92–94 |
107. a. | Inform the sponsor in MNO. As a practitioner in program/project management, we need to make decisions and act in an impartial and objective way. In this situation, it is necessary to take corrective action and avoid a conflict-of-interest situation. PMI®, PMI Code of Ethics and Professional Conduct. Available from: http://www.pmi.org/en/About-Us/Ethics/~/media/PDF/Ethics/ap_pmicodeofethics.ashx |
108. a. | A program dashboard A dashboard highlights and briefly describes or illustrates through the use of colors—red (bad), yellow (warning), green (good)—the status of various aspects of the program. It is simple and easy to interpret, making it a useful communication tool at the executive level. Methods to represent status reports are dashboards, memos, and presentations to stakeholders. Milosevic et al., 2007, 330–336 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 |
109. a. | Ensuring legal protection of this valuable asset It is important not only to capture and document knowledge assets from each project in the program and the overall program and the intellectual property that has been developed, but also to do so in a manner that ensures legal protection of these assets. Ensuring intellectual property is captured for reuse is a performance competency for program managers in closing the program. Levin and Ward, 2011, 60 |
110. d. | Maintain a benefits register A benefits register is a best practice and can be easily translated into a benefits report. It is useful to report the benefits and their status to stakeholders following the communications management plan. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 |
111. a. | Identifying high-level risks Identifying high-level risks is a performance competency in program initiation. It entails preparing a list of such risks, analyzing them with any projects that will be part of the program, and assessing strengths, weaknesses, opportunities, and threats. An initial risk assessment is an activity that is conducted to determine the probability of successful benefit delivery. PMI®, The Standard for Program Management, 2013, 83 Levin and Ward, 2011, 34 |
112. d. | Program Benefit Delivery This phase is where program components are planned, integrated, and managed to facilitate benefit delivery. It includes component transition and closure. PMI®, The Standard for Program Management, 2013, 68–70 |
113. d. | Update your PWBS Working in Program Scope Control, there are a number of key activities including establishing an activity to administer scope changes. An output of this process is to update the PWBS. PMI®, The Standard for Program Management, 2013, 105–106 |
114. b. | Aggregate information across projects and non-project activity Program Performance Reports aggregate all performance information for both project and non-project activity. The reports consolidate performance data to provide stakeholders with information regarding the use of resources to determine if the program’s goals and benefits will be met. PMI®, The Standard for Program Management, 2013, 87 |
115. a. | Align the elements of your program more closely with the company’s strategy Programs represent change, and the strategic value of each program should be explicit and driven by the business strategy of the organization. Organizations determine a strategic direction on the basis of competitive attributes that, in turn, focus and define the content of program management elements. PMI®, The Standard for Program Management, 2013, 26–27 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 Milosevic et al., 2007, 75–76 |
116. d. | Make sure contractors have comparable acceptance criteria It is typical on programs to use contractors. The program team needs to bring together the statements of work, legal, and commercial aspects with the program processes so the team can manage in an integrated way using common processes. Acceptance criteria should be comparable and support program processes. Williams, David and Parr, Tim, 2006, Enterprise Programme Management, Hampshire, England: Palgrave MacMillan, 194 Harris, Kurt, “The Influence of Consortiums in Developing and Developed Countries” in Levin, Ginger, 2012, Program Management A Life Cycle Approach. Boca Raton, FL: CRC Press, 379–384 |
117. c. | Intangible benefits and tangible benefits In identifying benefits and preparing a benefits realization plan, categories of benefits are useful. They should be both tangible and intangible, along with risk avoidance. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 Williams and Parr, 2006, 179 |
118. a. | Devise a strategy to collect baseline data such as using questionnaires and interviews Before setting the baseline, the benefits realization plan and its measurement criteria need to be developed. The baseline then serves as a control tool or mechanism to manage changes to benefits and costs through the implementation of the program. A number of key tasks are recommended including devising a strategy to collect baseline data such as by using questionnaires, interviews, reports, by location, and the organization structure. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 Williams and Parr, 2006, 180 |
119. b. | By the program manager, based on his or her scope of authority During Program Delivery Management, change requests that clearly fall within the program manager’s level of authority are approved or rejected. PMI®, The Standard for Program Management, 2013, 87 |
120. b. | Communicate personnel performance to each team member’s line manager Line managers typically assign resources to programs and projects. It is important for the program manager to communicate personnel performance to line managers so that it can be used as input for salary reviews, future development, and so on. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 |
121. d. | It will be difficult to recover from this performance, and a decision now is needed to terminate the program. The SPI is EV/PV. In this case, it is 0.86, which means you are 14 percent behind schedule. It will be difficult to recover. The Governance Board now should implement closure procedures as it realizes it is impossible to recover and terminate the program. PMI®, The Standard for Program Management, 2013, 61–62 PMI®, PMBOK® Guide, 2013, 224 |
122. d. | Leadership A successful program manager must have a special blend of knowledge, skills, and competencies. Leadership is required in working with the program management team and functional managers; it is embedded in the job of the program manager and occurs throughout the program. PMI®, The Standard for Program Management, 2013, 15 |
123. b. | The benefits are aligned with the University’s strategic objectives It is important to prioritize benefit delivery especially on those programs in which benefits are delivered incrementally. Proof of early benefits also assists in securing funding to continue the program. In prioritizing benefits, items to consider include alignment with strategy, short-and long-term expected results, expertise of the resources available, and the probability of success. Williams and Parr, 2006, 181 |
124. b. | Risk opportunity Benefits realization requires analysis throughout the program. This scenario is an example of a risk opportunity, which if accepted by the Governance Board, then will lead to the need to update the benefit realization plan and also the sustainment plan. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 11 |
125. c. | Are expressed in policy statements Risk profiles are used to construct the most suitable approach to managing program risks, adjusting risk severity, and monitoring risk criticality. Risk profiles may be expressed in policy statements or revealed in actions. PMI®, The Standard for Program Management, 2013, 97 |
126. a. | Organize program knowledge as a reference Program management supporting activities may include work and resources required to address knowledge management on programs. During the program, applying knowledge management will include activities associated with timely identification, storage, and delivery of key program knowledge to aid in decision making and for a reference. PMI®, The Standard for Program Management, 2013, 65 |
127. d. | Component initiation requests A number of activities are required to verify the component supports the program’s outcomes before it is authorized; each component requires an initiation request. PMI®, The Standard for Program Management, 2013, 60–61, 69 |
128. b. | Update your program resource plan Changes in the assignment of program staff are reflected in an update to the program resource plan prepared first as an output of the Resource Planning activities. PMI®, The Standard for Program Management, 2013, 94–95 |
129. d. | Program charter The program charter contains a section on stakeholder considerations. It should be complemented with a draft of the program’s communication plan. PMI®, The Standard for Program Management, 2013, 84 |
130. b. | Program work breakdown structure (PWBS) The PWBS, among other things, provides a framework for performance reporting and tracking. PMI®, The Standard for Program Management, 2013, 105 |
131. b. | Program B Programs should have a strategic fit with the organization’s long-term goals. In selecting a program to pursue, this is one area to consider. In this example, Program B fully supports four of the five goals. PMI®, The Standard for Program Management, 2013, 23 Milosevic et al., 2007, 286 |
132. d. | Determine minimal acceptance criteria The Governance Board establishes the minimal acceptance criteria for a successful program and the methods to use to monitor these criteria. PMI®, The Standard for Program Management, 2013, 57 |
133. c. | Stakeholder Engagement Stakeholder engagement requires the program manager to be an excellent communicator. He or she strives to ensure all stakeholder communications are adequately logged, including action items that may require resolution. PMI®, The Standard for Program Management, 2013, 50 |
134. a. | Identifying impacts to the components from overruns or under-runs In Program Financial Monitoring and Control, the program manager must be proactive in identifying factors that create changes to the budget baseline Another example of being proactive is to identify impacts from components from overruns or under-runs. If a component is under-running its budget, the program manager may be able to reallocate some funding elsewhere in the program. If the program is overrunning, the program manager needs to determine the root cause and impact on both the component and the overall program. PMI®, The Standard for Program Management, 2013, 81 |
135. a. | The program sponsor Governance structures differ based on numerous factors with the purpose to monitor and review the progress of the program and delivery of the benefits from the project and non-project work. The program sponsor typically is an executive with a senior role in the organization. In many organizations, the program sponsor is the chairperson of the Governance Board. PMI®, The Standard for Program Management, 2013, 62 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 15 |
136. a. | Have a thorough understanding of the financial environment Programs using public money are often complex, expensive, and of long duration. The program manager needs to have a thorough understanding of the financial environment. PMI®, The Standard for Program Management, 2013, 78–79 |
137. b. | Determine actions that could affect other components Program management should support the risk activities of the program components. The program component’s risk response plans should be reviewed to assess proposed actions that could affect the program risk responses for better or for worse. This enables response mechanisms that could benefit more than one component to be suggested and implemented as managing the interdependencies among the component risks and those at the program level provide both program and project benefits. PMI®, The Standard for Program Management, 2013, 98–99 |
138. c. | Prepare a quality assurance change request Audits take time, and results must be documented. The program management team is responsible for implementing required quality changes. As a result of the audit, a quality assurance change request should be issued to implement the auditor’s findings. PMI®, The Standard for Program Management, 2013, 93 |
139. b. | Assess strategic alignment of the program Gate reviews serve a number of different purposes. In addition to ensuring that criteria to fulfill the requirements for exiting a phase and moving on to the next phase are met, they also can focus on strategic alignment of the program and its components with the intended goals of the program and the organization. PMI®, The Standard for Program Management, 2013, 59–60 |
140. a. | Brainstorming A brainstorming session with the core team is useful in identifying potential stakeholders, their roles, and significance to the program. PMI®, The Standard for Program Management, 2013, 48 |
141. c. | Program sponsor The program sponsor is the individual responsible for providing program resources and ensuring program success; typically the program sponsor is a senior manager responsible for defining the direction of the organization and investment decisions. PMI®, The Standard for Program Management, 2013, 62 |
142. d. | Competitive analysis Competitive analysis or market analysis is useful to help identify organizational benefits for the potential program. A well-developed business case will include a certain level of analysis and comparison against real or imagined alternative efforts. Such comparisons generate substantive debate with respect to the best solution. PMI®, The Standard for Program Management, 2013, 31 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
143. a. | The availability of key staff members Resource requirements and the program’s resource plan are used in Resource Prioritization. As the program manager conducts resource planning, availability is a key consideration in order that during Resource Prioritization, critical resources can be optimized for use across components. PMI®, The Standard for Program Management, 2013, 94–95 |
144. b. | Encourages ownership of the solution A regularly scheduled benefit report is essential in stakeholder communication in terms of achieving the planned benefits. It also is helpful to ensure ownership of the solution and benefits within the relevant business area, reduces the risk of “optimistic” reporting from the program team, and enables benefits reports to be available within regular management reports. Williams and Parr, 2006, 181–182 |
145. a. | Quality management Quality management permeates program management. As noted in Program Quality Planning it should be considered when defining all program management activity and for every deliverable and service. It is recommended that a program quality manager participate in planning activities such as resource management to verify that quality activities and controls are applied and flow down to the component subprograms and projects even if they are performed by contractors. PMI®, The Standard for Program Management, 2013, 93 |
146. c. | Communications plan The communications plan should consider cultural and language differences; therefore, it is where you would specify use of the 4,000-word common English vocabulary. PMI®, The Standard for Program Management, 2013, 74 |
147. c. | Root cause identification Root causes are the fundamental conditions or events that may give rise to a risk. Program-specific risk activities include determining the primary causes of a program’s risks, which can be done by sharpening the definition of each risk and grouping risks by cause. More effective risk responses can be prepared after the root causes are identified. Shimizu, Motoh. 2012. Fundamentals of Program Management Strategic Program Bootstrapping for Business Innovation and Change. Newtown Square, PA: Project Management Institute, 122 Williams and Parr, 2006, 156–159 |
148. a. | Risk trigger A risk trigger is a sign that a particular risk may occur. PMI®, The Standard for Program Management, 2013, 100 |
149. d. | Program charter The charter authorizes the program manager to use organizational resources to perform the program and links the program to the business case and the organization’s strategic priorities. It also contains a section on program governance. PMI®, The Standard for Program Management, 2013, 54, 85 |
150. c. | Determine stakeholder issues that may lead to risks Stakeholder issues and concerns are likely to affect aspects of the program. Impact analysis techniques should be used to understand the urgency and probability of stakeholder issues and determine which issues may become risks to the program. PMI®, The Standard for Program Management, 2013, 50 |
151. b. | Ethical concerns In evaluating program objectives ethical concerns are a key consideration. In this example, student privacy is an example of an ethical concern to satisfy. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 PMI®, PMI Code of Ethics and Professional Conduct. Available from: http://www.pmi.orgcodeofethicsPDF |
152. a. | Have a program management information system An effective program management information system is essential in program management and program governance. It provides tools and mechanisms to store information about the program and a quick way to retrieve needed information. It provides a mix of manual and automated tools, techniques, processes, and procedures relevant to the management of programs and priorities in the portfolio. PMI®, The Standard for Program Management, 2013, 64–65 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 15 |
153. b. | Ensure the new director understands the benefits of this program and how they will be sustained A benefits sustainment plan is required for programs. In this case, it is essential to then transition the benefits to the new program director. One approach to help sustain the benefits is to involve the new director in preparing this plan and making sure the director understands the benefit realization plan and reports prepared to date. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 13 |
154. c. | Governance Board The Governance Board approves recommendations for program closure confirming that conditions that warrant closure are satisfied, and recommendations for closure are consistent with the current organizational vision and strategy. PMI®, The Standard for Program Management, 2013, 61–62 |
155. a. | Are the champion for change The program manager must be familiar with organizational change management. He or she is the champion for change and must be the key communicator of program changes, both positive and negative. PMI®, The Standard for Program Management, 2013, 46 |
156. a. | Increase the benefits to be realized by the product The purpose of programs is to attain more benefits than if the projects were managed in a standalone fashion. This scenario shows the program manager is exploiting the strategic opportunities for change with the merger in order to maximize benefit realization for the company. PMI®, The Standard for Program Management, 2013, 4 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 7 |
157. d. | Prepare a contract closeout report Program Procurement Closure involves closing out each contract on the program after ensuring deliverables have been completed satisfactorily. A contract closeout report should be prepared. PMI®, The Standard for Program Management, 2013, 91 |
158. b. | Update the lessons learned data base Lessons learned represent a compilation of the program knowledge assets. This data base should be updated regularly as components close and at the end of the program. PMI®, The Standard for Program Management, 2013, 76 |
159. a. | Update the governance plan based on decisions made Requests for approval of proposed program changes require a variety of updates to program documentation. One of these is to update the program’s governance plan. PMI®, The Standard for Program Management, 2013, 59 |
160. d. | Review the benefits realization plan and implement improvements based on lessons learned to date Benefit reviews can be conducted throughout the program. They enable the program team among other things to review the effectiveness of the benefits strategy and make changes to it based on lessons learned, inform stakeholders of progress, identify further benefits to the program, assess overall performance to date, and provide an opportunity to publicize the program and its success thus far. Williams and Parr, 2006, 182 PMI®, The Standard for Program Management, 2013, 41 |
161. b. | Readiness In it important to evaluate the organization’s capability for new products by consulting with its leaders to develop, validate, and assess the program’s objectives. Readiness analysis can help to establish new benefits from the program, ensure resources are available, and evaluate the current state to prioritize requirements. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
162. c. | Determining constraints The financial framework serves as the high-level initial; plan for coordinating available funding, determining constraints, and determining how money is paid out as it describes the program funding flows. PMI®, The Standard for Program Management, 2013, 78–79 |
163. c. | Resource leveling Resource leveling is a useful approach to show the impact on the schedule if the resources are not available as planned. It is also a way to optimize the program management plan and the resource plan by leveling the resource requirements in order to gain efficiencies and maximize productivity/synergies among constituent projects. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 9 |
164. a. | Project plan Project managers’ performance is evaluated according to their ability to execute the project according to the project plan. This approach is used to then maximize their contribution to achieving program goals. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 10 |
165. d. | Rewards Each program should manage changes in accordance with the change management plan. The purpose is to control scope, quality, schedule, cost, contracts, risks, and rewards. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 11 |
166. a. | Sponsor In stakeholder management, it is important to evaluate any risks to the program identified by stakeholders, and it is especially important to evaluate those of the sponsor, since the sponsor is the champion for the program and is providing its resources and funding. As necessary, this evaluation should be part of the risk management plan. PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 14 |
167. c. | Mission statement The purpose of the mission statement is to describe why the program is important and why it exists. It is prepared by evaluating stakeholders’ concerns and expectations in order to establish program direction. PMI®, The Standard for Program Management, 2013, 28 PMI®, Program Management Professional (PgMP)® Examination Content Outline, 2011, 6 |
168. a. | Regularly scheduled reviews Governance Board meetings are the most common method used to perform governance oversight activities. Regularly scheduled review meetings with well-planned agendas and documented decision records enhance the effectiveness of the governance process. PMI®, The Standard for Program Management, 2013, 55–57 |
169. c. | Use the lessons learned data base As the lessons learned data base is updated, an output of this activity is the PMIS, if applicable, since it contains among other things document, data, and knowledge repositories. PMI®, The Standard for Program Management, 2013, 76 |
170. c. | The program be set up with a viable business case that has a list of initial benefits to be achieved A business case is required for each program, and as part of it, benefits are identified for the program. This business case should be reviewed and updated throughout the program and be realistic so people will commit to it to help achieve overall program success. Williams and Parr, 2006, 185 PMI®, The Standard for Program Management, 2013, 36 |
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