PgMP Practice Test

PgMP Practice Test practice questions, page 23 of 29, with answer review and explanations.

Question 111

Which project management meeting allows stakeholders to meet one another and to learn about the project?

  1. Project scope review
  2. Project authorization meeting
  3. Project status meeting
  4. Project kick-off meeting

Question 112

You are the program manager of the NHQ Program. The program has reached its final deliverable and the certificate of completion has been created for the program. What else should you, the program manager, create at this time?

  1. Life cycle costing estimates
  2. Lessons learned documentation
  3. Operational transfer plan
  4. Program closure reports

Question 113

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

Question 114

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

Question 115

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