Develop Program Roadmap and Financial Framework PGMP Practice Questions (Page 3)

Questions 11–15

1. 11foundation · easy

   What is the purpose of estimating the high-level financial framework for a program?

   • ATo replace the need for financial audits
   • BTo provide a detailed budget for each work package
   • CTo guarantee the program will be profitable
   • DTo support program authorization and prioritization
   Reveal Solution Discussion Select an answer first
2. 12foundation · easy

   Which criterion is most important for an executive sponsor when approving a program roadmap?

   • AThe roadmap aligns with the organization's strategic objectives
   • BThe roadmap uses the latest project management software
   • CThe roadmap has no identified risks
   • DThe roadmap includes detailed project schedules
   Reveal Solution Discussion Select an answer first
4. 13foundation · easy

   What is the first step in obtaining executive sponsor approval of the program roadmap?

   • ACreate a detailed program management plan
   • BPresent the roadmap to the executive sponsor for review
   • CObtain funding authorization from the finance department
   • DDevelop the roadmap and align it with organizational strategy
   Reveal Solution Discussion Select an answer first
5. 14application · medium

   A program manager is developing the initial roadmap for a multi-year digital transformation program. The executive sponsor has asked for a high-level view of major milestones and preliminary cost ranges to decide whether to proceed. The program manager has limited detailed data at this stage. What should the program manager do first?

   • AWait for the business case to be fully approved before creating any roadmap.
   • BCreate a detailed project schedule with task-level dependencies and resource assignments.
   • CDevelop a high-level roadmap with major milestones and order-of-magnitude estimates, then present it for sponsor validation.
   • DJump straight to financial framework development without a roadmap.
   Reveal Solution Discussion Select an answer first
6. 15application · medium

   A program manager is developing the financial framework for a program that has multiple funding sources, including internal budget and external grants. The funding committee needs to understand the total funding requirements over the program's lifecycle. What should the program manager include in the framework?

   • AA detailed invoice for each grant.
   • BA summary of the total costs and the funding sources for each phase.
   • CThe salary of each team member.
   • DA list of potential risks without cost implications.
   Reveal Solution Discussion Select an answer first