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What is the primary goal of program managment
The primary goal of program management is to coordinate and manage multiple related projects to achieve strategic objectives and maximize overall benefits for an organization.
What is the primary focus of a Program Scope Statement
The primary focus of a Program Scope Statement is to clearly define the boundaries, deliverables, and objectives of a program, ensuring alignment with organizational goals and stakeholder expectations.
What are the parts of PgMP Performance Domain
The parts of the PgMP Performance Domain include:
Program lifecycle management
Program stakeholder engagement
Program governance
Benefits management.
A project is defined as:
an individual endeavor undertaken to create a unique product, service, or result, with a defined beginning and end.
During which phase is the stakeholder engagement plan developed?
The stakeholder engagement plan is developed during the planning phase of program management.
A portfolio is defined as:
a collection of projects, programs, sub-projects and operations managed in a coordinated manner to achieve strategic objectives.
What does the term “Interdependency” refer to in program management?
The reliance of one project on the success of another.
Which of the following is a component of the Program Management Plan? Risk Register, Project Charter, WBS, Program Business Case
WBS
Programs are different from projects and portfolios in that?
They combine the outputs of multiple projects to produce collective benefits greater than the sum of the parts
Which of the following is not part of the normal roles of a Program Manager? Tracking Program Schedule. tracking risks and issues, tracking shared resources, performing quality audits?
Performing quality audits
During which phase does the development of the Program Business Case take place?
Initiating
What is the purpose of a program business case?
To justify the initiation of the program
A Program Lifecycle involves the following phases:
Program Definition
Program Benefits Delivery
Program Closure
Which of the following is a key component of the Program Charter?
Program Scope Statement
What is the primary purpose of a Program Closure Report
To evaluate program performance against objectives
What role does a Program Manager play during the execution phase of a program?
Providing overall guidance and direction
During which phase of the Program Benefits Realization Plan developed?
Planning
Program Components are:
Projects
Subsidiary Programs
Other related activates
2 Types of Business values are:
Profit, Non-Profit
The Gains and assets realized by program outputs is called:
Benefits
This document contains the results of a feasibility study
Program Business Case
Program strategy structure consists of:
Program Business Case
Program Charter
Program Roadmap
Environmental Assessment
Program Risk Management Strategy
2 types of benefits realized are:
Iterative, Big Bang
The structure of an organization is called:
Organizational complexity
Program Strategy should be aligned with:
The Program Strategy Structure
Changes within a program are called:
Internal Change
3 phases of program management are:
Definition
Delivery
Closure
When an organization needs to adapt to exploit new benefits available to a program that’s called:
External Change
This document expresses the orgs vision, mission, and expected program benefits:
Program Charter
The amount already invested into a program is called:
Sunk cost
SMART Goals are:
Specific, Measurable, Attainable, Relevent, Time-bound
Within programs these 2 things are critical:
Communication & Involvement
Who’s job is it to ensure program components align with the program goals?
Program Manager
These create negative stakeholders
Negative Benefits
Benefits realized in installments of value are:
Iterative Benefits
In SWOT, which are internal?
Strengths and Weaknesses
Organizational Project Management (OPM) is a combination of:
Portfolio, Program & Project Management
This office standardizes program related governance processes:
The Program Management Office
Programs contain these 3 things:
Program Components
Subsidiary Programs
Other related activities
Operational efforts are best managed where?
Under portfolios (not programs)
An example of an internal benefit is:
Improved Margins or Compliance
An example of an external benefit is:
Improved Customer Satisfaction
An individual or group that provides support for a program:
Program Sponsor or Steering Committee
7 reasons to start a project are:
Customer Request
Org need
Legal Requirement
Tech advance
Market demand
Ecological Impact
Social Need
These impact and enhance operations:
Programs
Program Management is:
Related projects, subsidiary programs and activities managed in a coordinated effort to obtain benefits not available by management them separately
A program is inside a:
Portfolio
Program related activities are:
Training
Planning
Reporting
2 reasons to start a project that are NOT financially based are:
Legal Requirements or Ecological Impacts
2 examples of quantifiable benefits are:
x% increase in revenue
y% increase in market share
in SWOT these are external:
Opportunities & Threats
This MUST be included in a program’s risk strategy:
Organizations Risk Appetite
SWOT stands for:
Strengths, Weaknesses, Opportunities, Threats
A cost associated with a product or service is called:
Direct cost
How a project’s complexity changes over time is called:
Dynamic complexity
A cost associated with the overhead needed to produce a product or service is called:
Standard Burden
The 5 program management performance domains are:
Strategy alignment
Benefits management
Stakeholder engagement
Governance
Lifecycle management
Programs deliver benefits through:
Component projects or subsidiary programs
The value of an outcome of a project compared to it’s alternative is called:
Opportunity cost
The expected cash value of an asset at the end of it’s life is called:
Salvage value
Benefits transformation is:
Ensure impacted operational areas sustain the value
Benefits transition activities include:
KPI check vs Acceptance Criteria
Training materials
Transfer remaining risk to ops
Disposition of all resources
Enterprise Environmental Factors (EEF’s) are:
Business Environment
Economy, Marketplace Conditions
Funding
Resource, Safety, Cultural Diversity
Regulatory, Legislative, Audit, Politics
Enterprise Environmental Factors (EEF’s) are:
Business Environment
Economy, Marketplace conditions
Funding
Resource fluctuations
Health, Safety, cultural diversity
Regulatory, Legislative, Audit, Politics
Other Assessments are:
Environmental Analysis
Comparative Advantage Analysis
Feasibility studies
SWOT Analysis
Assumptions Analysis
Historical Information Analysis
Benefits Delivery Consists of:
Regular monitoring
Evaluating KPIs
Recording progress
2 things to monitor within Benefits Delivery are:
Strategic Alignment
Value Delivery
This tool lists the desired benefits:
The Program Benefits register
What to look for when identifying risks:
Objectives not supporting program goals
Roadmap not aligned with portfolio roadmap
Resources required out of sync with organizations capacity
3 levels of Risk Thresholds are:
Minimum level of risk exposure to document
Qualitative (High, Medium, Low) or Quantitative (Numerical value) Ratings
Maximum level of risk before escalation
Risk progressive elaboration is:
Ongoing risk identification because as planning is more defined, risks become more evident
A plan referred to by senior executives when making project investments decisions is called:
A Strategy Plan
Money flowing into and out of an organization is called:
Cash FlowB
Benefits not realized until the entire program is complete, are called:
Big Bang benefits
2 examples of Non-Quantifiable benefits are:
Improve employee morale
Improve customer satisfaction
3 types of benefits are:
Internal
External
Negative
This list contains the programs risks:
Program Risk Register
Subsidiary programs are:
Smaller portions of a program
What role does a Program Manager play during the planning phase of a program?
Provide overall guidance and direction
During the program Closure phase, what is the significance of conducting a Stakeholder Feedback session?
To gather input on the program’s strengths and areas for improvement.
What key activity occurs during the Program Definition phase to identify and document program stakeholders?
Conducting a Stakeholder Analysis
What is the primary purpose of the Program Definition phase?
Establishing the program’s strategic alignement and objectives.
What is the primary focus of a Program Stakeholder Satisfaction Assessment?
Assessing stakeholder satisfaction with the program.
What key activity is conducted during the Program Closure phase to assess the overall success of the program?
Evaluating program performance against objectives
What is the purpose of the Program Definition Document in the Program Definition phase?
To outline the overall program structure and components.
What is the purpose of the Program Closure Report?
To evaluate program performance against objectives.
What is the primary focus of a Program Benefits Review during the Program Closure phase?
Identifying and measuring program benefits.
During the Program Closure phase, what role does the Program Manager play in stakeholder communication?
Directly engaging with stakeholders.
What key activity occurs during the Program Definition phase to identify and document program dependencies?
Creating a detailed project schedule.
During the program closure phase, what key activity ensures the proper transfer of program deliverables to operations?
Developing a Transition Plan.
What is the primary purpose of the Benefits Realization Closure report in the benefits delivery phase?
To provide a summary of realized benefits and outcomes.
What is the key activity during the Program Closure phase to ensure proper documentation and archiving of program artifacts?
Establishing a Program Repository.
What key activity is conducted during the Program Definition phase to identify and document program stakeholders?
Conducting a Stakeholder Analysis
What is the role of the Program Manager in the Program Benefits Delivery Phase?
Managing stakeholder expectations
What role does a Program Management Office typically play in program management?
Ensuring compliance with organizational policies
What is the primary purpose of a Program Risk Management Plan?
Identify and analyze program risks
What is the key activity conducted in the Program Definition phase to identify and document program constraints?
Identify and assessing risks
Which component is typically included in the Program Management Plan?
The WBS
During the Program Definition phase, what is the key aspect of establishing the program’s scope?
Describing program deliverables and acceptance criteria.
Which document outlines the high-level goals and objectives of a program?
The Program Business Case