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Q89. A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent $620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time. Based on this information which type of performing is present in this scenario? 

A. Cost, because the program has an estimate to complete of $1,151,429. 

B. Cost, because the program has a cost variance of -7,500 

C. Schedule, because theprogram's planned value is only $700,000. 

D. Schedule, because the program has a schedule performance index of .88. 

Answer:


Q90. Which of the following represents the duration of activities against a calendar? 

A. Pie chart 

B. Scatter chart 

C. Gantt chart 

D. Pareto chart 

Answer:


Q91. A program has a budget at completion of $1,250,000 and has already spent $425,000. The program is running late due to some vendor delays; the program is only 30 percent complete though it was scheduled to be 45 percent at this time. Based on this information how much more money will this program need to finish? 

A. $978,445 

B. $919,325 

C. $991,667 

D. $987,544 

Answer:


Q92. What is the present value of a program that will be worth $3,567,000 if it lasts for six years and the rate of return is five percent? 

A. $1,550,850 

B. $3,532,000 

C. $2,502,750 

D. $2,661,750 

Answer:


Q93. You are the program manager for your organization. Your current program, which has just been initiated, needs to launch several projects in order to create all of the benefits of the program. What document do you need to create in order to initiate the projects within your program? 

A. Project charter 

B. Program charter 

C. Program scope statement 

D. Project preliminary scope statement 

Answer:


Q94. All of the following are resources that you will need to monitor and control in a program environment except for which one? 

A. Staff members 

B. Contracts 

C. Quality 

D. Equipment 

Answer:


Q95. Which of the following statements are true regarding the Monitoring and Controlling Program Risks process? Each correct answer represents a complete solution. Choose all that apply. 

A. Risk Monitoring and Control is an ongoing process for the life of the program. 

B. Planned risk responses should be continuously monitored for new and changing risks. 

C. Monitoring reduces the impact of risk by identifying, analyzing, reporting, and managing risks on a continuous basis. 

D. It is the process of selecting the most suitable response to reduce the threats to the program objectives. 

Answer: ABC 


Q96. Your program is to construct a new condo building in Chicago. You and the project managers are working together to define the project assumptions about the program. Which one of the following is an example of an assumption for this program? 

A. Deadlines for project milestones 

B. Building codes 

C. A predetermined program budget 

D. Weather 

Answer: