PGM PGM Benefits Realization Management

Question 1

What is the primary purpose of benefits realization management in program management?

Accepted Answer

To ensure the program delivers the intended strategic and business benefits

Answer

To track project budgets

Answer

To manage program risks

Answer

To document lessons learned

Question 2

A Benefits Realization Plan should include which key element?

Accepted Answer

Metrics to measure when and how benefits will be achieved

Answer

Detailed project schedules

Answer

Individual employee performance targets

Answer

Vendor contract terms

Question 3

In the PgMP framework, who is primarily responsible for ensuring benefits are realized after the program closes?

Accepted Answer

The operations or business owner who receives the outcomes

Answer

The program manager

Answer

The project management office

Answer

The program sponsor only

Question 4

Which term describes the transition period when benefits begin transferring from the program to operational units?

Accepted Answer

Benefits handover

Answer

Program initiation

Answer

Transition planning

Answer

Phase gate review

Question 5

A program's intended benefit is reduced customer wait time by 30%. After 6 months of operation, the wait time has only reduced by 10%. What should the program manager do?

Accepted Answer

Conduct a benefits gap analysis to identify and address shortfalls

Answer

Close the program immediately

Answer

Accept the partial benefit as final

Answer

Report success to stakeholders

Question 6

Which of the following is an example of an 'intermediate benefit' in program management?

Accepted Answer

Improved employee skill levels achieved during program execution

Answer

Final ROI calculation

Answer

Program charter approval

Answer

Final audit report