PgMP Program Life Cycle Management Practice Question
During program planning, which plan is used to ensure that the program stays within its budget?
Answer choices
Why each option matters
Answer the question above first, then reveal the full breakdown to understand why each option is right or wrong.
Correct answer & explanation
✓
Financial Management Plan.
The Financial Management Plan describes how program finances are planned, managed, and controlled.
Answer analysis
Option-by-option breakdown
For each option: why learners choose it and why it is or isn't the right answer here.
- ✗
Project Budget Plan.
Why it's wrong here
This is for project-level finances.
- ✗
Program Roadmap.
Why it's wrong here
The roadmap is for timelines and benefits.
- ✓
Financial Management Plan.
Why this is correct
The financial plan covers the entire program's budget.
- ✗
Governance Plan.
Why it's wrong here
The governance plan covers decision-making, not financial details.
About these practice questions
One of 197 original PgMP practice questions on Courseiva, each with a full explanation and wrong-answer analysis — not exam dumps or protected exam content. Learn why practice questions differ from exam dumps →
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Written and reviewed by Johnson Ajibi, MSc IT Security
Senior Network & Security Engineer · founder of Courseiva
Last reviewed August 2026 · checked against the official PMI exam blueprint
This PgMP practice question is part of Courseiva's free PMI certification practice question bank. Courseiva provides original exam-style practice questions with explanations, topic-based practice, mock exams, readiness tracking, and study analytics to help learners prepare for the PgMP exam.