Monitoring & Controlling PGMP Practice Questions (Page 2)

Questions 6–10

1. 6foundation · easy

   What is the primary purpose of variance analysis in program monitoring and controlling?

   • ATo approve changes to the program scope
   • BTo forecast future program performance
   • CTo compare actual performance to planned performance and identify deviations
   • DTo update the program management plan
   Reveal Solution Discussion Select an answer first
2. 7foundation · easy

   Which data is typically included in a program performance analysis report?

   • ATeam member performance reviews
   • BOnly qualitative risk assessments
   • CStakeholder satisfaction surveys
   • DActual vs. planned cost and schedule data
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4. 8application · medium

   A program manager is preparing the monthly performance report for the steering committee. The report must include actual versus planned values for scope, quality, cost, schedule, and resource data. The program manager notices that the quality metric for one component is below the planned threshold, but the component is on schedule and within budget. What should the program manager include in the report?

   • AA recommendation to close the component because it is on schedule and within budget.
   • BThe quality variance and its potential impact on the program's benefits, along with the cost and schedule data.
   • CThe quality variance only, because the cost and schedule data are already known to the committee.
   • DOnly the cost and schedule data, because the quality issue is minor and the component is on track.
   Reveal Solution Discussion Select an answer first
5. 9application · medium

   A program's risk register shows a high-probability risk that could delay the delivery of a key benefit. The risk response plan calls for a mitigation strategy, but the mitigation would increase the program's cost by 10%. The program's budget has a 5% contingency reserve. What should the program manager do?

   • AImplement the mitigation strategy and reduce the program's scope to stay within budget.
   • BAnalyze the risk's impact on benefits and evaluate alternative responses, such as reducing the mitigation scope or transferring the risk.
   • CAccept the risk because the contingency reserve is insufficient to cover the mitigation cost.
   • DImplement the mitigation strategy and request additional funding from the sponsor.
   Reveal Solution Discussion Select an answer first
6. 10foundation · easy

   Which analysis technique uses historical data to predict future program performance?

   • ARoot cause analysis
   • BTrend analysis
   • CVariance analysis
   • DSWOT analysis
   Reveal Solution Discussion Select an answer first