PMI PGMP Exam (page: 15)
PMI Program Management Professional
Updated on: 15-Feb-2026

Viewing Page 15 of 79

Ned is the program manager for his organization and he's considering some new materials for his program. He and his team have never worked with these materials before and he wants to ask the vendor for some additional information, a demon, and even some samples. What type of a document should Ned send to the vendor?

  1. RFI
  2. RFP
  3. RFQ
  4. IFB

Answer(s): A



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)?

  1. .99
  2. -$2,500
  3. $2,500
  4. 1.02

Answer(s): C



Which benefit measurement method considers the value of each time period's return for a project that will create deliverables over multiple time periods?

  1. Net present value
  2. Future value
  3. Present value
  4. Cost-Benefit ratio

Answer(s): A



Which of the following types of floats are available? Each correct answer represents a complete solution. Choose two.

  1. Half float
  2. Full float
  3. Total float
  4. Free float

Answer(s): C,D



You are the program manager of the YHT Program. You have been working with a vendor in the program but have decided that the contract between your program and the vendor needs to be terminated. What two things must be documented if you wish to terminate a vendor's contract?

  1. Contract and the quality measurements for the vendor's work
  2. The scope verification document and the termination notice
  3. Contract and scope verification process documents
  4. Work that has been completed and uncompleted work

Answer(s): D



In your program you must adhere to Six Sigma as part of your organization's enterprise environmental factors. There is terminology, reports, and measurements that you are expected to use as part of your program. Six Sigma is an example of what program management process?

  1. Quality control
  2. Process improvement
  3. Scope verification
  4. Quality assurance

Answer(s): D



You are the program manager of the NHQ Program. You will need to initiate six projects for your program. When should project initiating happen within a program?

  1. Whenever the program needs to initiate projects, it may, as long as the program has not entered the closing processes of the program.
  2. With program execution
  3. With program initiation
  4. With program planning

Answer(s): A



Joan is the program manager for her organization. Throughout the program life cycle there will be several elements, resources, and benefits that can be transitioned from her program to the organization. What document defines how these things can be transferred from the program to the organization?

  1. Operational transfer alliance plan
  2. Program milestone list
  3. Program transition agreement
  4. Program scope statement

Answer(s): C



Viewing Page 15 of 79



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