PMI PgMP Program Management Professional (PgMP) Online Training
PMI PgMP Online Training
The questions for PgMP were last updated at Jul 17,2025.
- Exam Code: PgMP
- Exam Name: Program Management Professional (PgMP)
- Certification Provider: PMI
- Latest update: Jul 17,2025
Management is trying to determine which program to initiate. Each of the potential programs has the possibility of creating an income for each it is in existence. Management would like to consider the present value for each year a program creates a return on investment.
What program selection method is management using in this instance?
- A . Present value
- B . Internal rate of return
- C . Time value of money
- D . Net present value
A program manager needs to establish direction and identify the essential aspects of a program. In addition, they must ensure that the context and framework of the program are properly defined, assessed, and documented.
Which document will be created to support this activity?
- A . Program resource management plan
- B . Program management plan
- C . Program master schedule
- D . Program scope statement
Gina is the program manager for her organization and is reviewing the results of quality control. She would like to create a chart that shows the categories of defects within the program so that she and the program team can address the largest categories in descending order.
Which one of the following is the best chart for Gina in this situation?
- A . Cause and effect chart
- B . Pareto chart
- C . Control chart
- D . Ishikawa chart
You are the program manager for the HGQ Program in your organization. Your program has eight constituent projects including a small project which you’ve assigned to Beth a new project manager in your organization. Part of your assignment is to coach Beth on project management in your program. You are telling Beth about the five process groups of project management and how they map to the progression of the project.
Which process group would you tell Beth is where she’ll likely spend the bulk of the project time and the project budget?
- A . Monitoring and Controlling
- B . Planning
- C . Executing
- D . Procurement
The program manager takes over a poorly performing program. After a review of the documentation and interviews with the program sponsor, stakeholders, and program constituents, the program manager realizes that the program is not aligned with the corporate/organizational goals . The program manager must realign the constituent projects and components to meet the program’s needs.
What action should the program manager take to realign the program?
- A . Assess the program schedule and determine how to maintain all projects and components within the program.
- B . Discuss the situation with the program stakeholders and let them decide which projects to accelerate and which to close.
- C . Discuss the situation with the program sponsor(s) and let the sponsor(s) make the decision as to which projects to accelerate and which to close.
- D . Develop a change request to present to the governance board, accelerate some projects, close some projects, and reassign some resources.
If a program has a budget of completion of $550,000, is 25 percent complete, and has spent $135,000 what is the cost variance (CV)?
- A . .99
- B . -$2,500
- C . $2,500
- D . 1.02
Which one of the following is not considered one of the three components of the Iron Triangle?
- A . Time
- B . Cost
- C . Scope
- D . Quality
A regional finance program is impacted by a new currency regulation issued by a country in the region . The new regulation requires changes to the financial statements of that country’s branches by the end of the fiscal year. Failing to comply with the regulation may result in fines and/or closure of the branches. A branch general manager immediately meets with the program manager to select and secure a local fiscal expert to support the regulation, as these types of resources are in high demand. There is a high risk that the changes will not be completed on time if the resource is not secured.
What should the program manager do to address the risk?
- A . Build a coalition with local companies that can influence the government to renegotiate the imposed deadline.
- B . Create fine and closure scenarios to assess the impact on the program and create a contingency plan.
- C . Generate a delivery incentive contract with the selected fiscal expert to ensure on-time delivery of the revised financial statements.
- D . Assess the risk, incorporate it in the program’s risk management plan, and meet with the steering committee.
The program manager plans to address a negative cost variance generating a red flag in the program management status report.
What should the program manager do?
- A . Contact the project sponsors to present the details, impacts, and possible corrective actions regarding the negative cost variance.
- B . Gather all the details, analyze impacts, determine corrective actions and present the findings to the governance board for direction.
- C . Work with program sponsor to compile impact analysis data to obtain additional funding for the program.
- D . Ask the program team to compile all details, analyze impacts, determine corrective actions and present to the governance board for direction.
The program manager wants to ensure that a program contributes to shareholder value.
The program manager should verify alignment with which of the following?
- A . Program charter
- B . Organizational structures and policies
- C . Organizational strategic objectives
- D . Program governance plan