Pmi techtarget pass Using Pgmp Exam Dumps by Bogdan q181 vce pdf

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Exam Name:	Program Management Professional (PgMP)
Exam Code:	PgMP Dumps
Vendor:	PMI	Certification:	PMI Certification
Questions:	452 Q&A's	Shared By:	bogdan

Question 36

Which of the following individual should respond to the risk with the preplanned risk response?

Options:

Key stakeholder

Project manager

Risk owner

Project sponsor

Discussion

Question 37

Hal is the program manager for his organization. He would like your organization to provide his program with 4 tons of pea gravel for a construction project in his program. Hal send you a statement of work and an IFB. What document should you provide to Hal?

Options:

Invoice

Proposal

Bid

Quote

Discussion

Question 38

You are the program manager of the NQA Program. In this program you're planning which contract types you'll allow into the program and which ones you will not. One contract type you won't accept is the cost plus percentage of cost contract. Which of the following is a valid reason you would not allow this contract type into your program?

Options:

The contract type requires the vendor to provide a fee for the time invested and the materials used.

The contract type allows the vendor to change the price of the work he's completed.

The contract type allows is the most dangerous for the buyer.

The contract type requires the vendor to provide a fixed price for the work.

Discussion

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Question 39

Your program has a budget at completion of $1,550,000 and is expected to last one year.

Currently your program is 45 percent complete and has spent $725,000. According to the program schedule you are actually to be fifty percent complete at this, but due to some vendor delays your program is running just a bit late. Management is concerned that your program will not be able to recoup the costs of the expenses. They've asked you to determine the cost variance for the program. What is the cost variance based on this information?

Options:

-$27,500 B. -$77,500 C. -$61,111 D. .90