PMI Related Exams
PgMP Exam
The PgMP exam covers five domains:
Strategic Program Management
Program Life Cycle (Initiating, Planning, Executing, Controlling, Closing)
Benefits Management
Stakeholder Management
Governance
PMI PgMP is for managing multiple related projects as a program, focusing on strategic alignment and benefits realization. While the PMI-RMP is for managing project risks, specializing in identifying, analyzing, and responding to uncertainties.
Tom is program manager for his organization. His program is scheduled to last ten months and has a cost estimate for the program of $550,000. It is now month nine and Tom reports that he actually has a cost variance of a positive $56,000. While Tom is pleased, the new management is not. Why is a positive cost variance not necessarily good news?
A program has a BAC of $550,000 and is currently 45 percent complete though was actually scheduled to be 55 percent complete by this time. The program has spent, however, $265,000 to date. Based on this information what is the cost performance index (CPI) for this program?