PGM PGM Benefits Realization Management 2

Question 1

What distinguishes a program 'output' from a program 'benefit'?

Accepted Answer

Outputs are deliverables produced; benefits are the value those deliverables create for the organization

Answer

Outputs are the tangible deliverables a program produces, while benefits are the measurable improvements in organizational performance those outputs enable.

Question 2

A Benefits Register is used to:

Accepted Answer

Document, assign ownership, and monitor the status of each expected benefit

Answer

The Benefits Register centralizes all expected benefits, their owners, measurement criteria, and realization status throughout the program.

Question 3

Which phase of the program lifecycle is most focused on benefits realization activities?

Accepted Answer

Benefits delivery

Answer

The benefits delivery phase is when component projects execute and begin producing outcomes that translate into the program's intended benefits.

Question 4

A program is on schedule and on budget, but the expected business benefits appear unlikely to be achieved. What should the program manager do?

Accepted Answer

Escalate to the governance board and review the program's continued viability

Answer

If benefits are unlikely to be realized, the governance board must be informed promptly to evaluate whether the program should continue, change course, or be terminated.

Question 5

In benefits realization management, a 'dis-benefit' refers to:

Accepted Answer

A negative consequence or loss of value resulting from the program

Answer

A dis-benefit is a deliberate or accepted negative outcome that must be acknowledged and managed alongside the program's positive benefits.

(PGM) Program Manager Practice Test

(PGM) Program Manager Practice Test

PGM PGM Benefits Realization Management 2