Free PgMP Exam

Welcome to your Free PgMP Exam

You are a program manager of a very important program for your organization. The project manager of project A escalates to you a risk that may impact other projects in the program. What should you do first?

A.Document the risk in the program risk register.

B.Develop response strategy for the risk.

C.Perform qualitative risk analysis.

D.Escalate to the program governance board.

Your program contains 7 projects. Now you are estimating the contingency reserve required for the program. According to the quantitative analysis, you have allocated 500,000$ as a contingency reserve for each project. Which of the following is correct about the contingency reserve?

A.Program level contingency reserve is equal to the summation of contingency reserves of the projects in the program.

B.The program contingency reserve is not a substitute for the component contingency reserve, which is held at the component level

C.Program level contingency reserve equal to the summation of contingency reserve of the risky projects only.

D.Program contingency reserve calculated according to the management presentation only.

The program sponsor is the individual responsible for securing financing for the program and selecting the program manager who is responsible for conducting and managing the program. Who is the champion of change in the organization?

A.Program steering committee.

B.Program management office.

C.Program sponsor.

D.Program manager.

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