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QUESTION NO: 1
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: D

QUESTION NO: 2
You are the program manager for your organization. You and your program team have been creating and transferring the program benefits to operations as feasible in your program execution.
The process of delivering the program's benefits describes what process in program management?
A. Quality control
B. Benefits management
C. Direct and manage program execution
D. Quality assurance
Answer: C

QUESTION NO: 3
You are the program manager for the SRQ Program. You have rejected several change requests for the program scope. What must you do with the rejected change requests?
A. Communicate why the change request was rejected and record the results in the lessons learned documentation for your program.
B. Inform the stakeholders that their change requests have been rejected.
C. Communicate the change request status to the stakeholders and record the results of the change request in the change register.
D. Inform the stakeholders why their change requests have been rejected.
Answer: C

QUESTION NO: 4
Where are negative risks recorded?
A. Negative risk register
B. Risk management plan
C. Risk register
D. Issues log
Answer: C

QUESTION NO: 5
You are the program manager of the BHG Program. One of the projects in your program will be using new materials that are somewhat untested. You are worried that there may be delays and waste because the project team is unaware of how to accurately use these materials. You elect to send the people that will be using the new materials through training on how to complete their project work. You also allow them to purchase some of the materials to experiment on their use before the actual project work is to be done. You want to ensure that mistakes do not enter into the project. What type of action have you provided in this scenario?
A. This is an example of a preventive action.
B. This is an example of team development.
C. This is an example of quality assurance.
D. This is an example of a corrective action.
Answer: A

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Updated: May 26, 2022