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QUESTION NO: 1
You are a program manager for your organization. You have proposed a program to the management that will last four years and will cost $35 million to create. Management has asked to see the program charter and the proposed costs and benefits of the program. Management agrees to your program charter and proposed to fund the program in increment at the completion of each milestone. What type of funding does management proposed for this program?
A. Tentative
B. Step funding
C. Milestone approval
D. Phase gate estimating
Answer: B
QUESTION NO: 2
Donna is the project manager for her organization. She is preparing a plan to manage changes to the project should changes be requested. Her change management plan defines the process for documenting, tracking, and determining if the changes should be approved or declined. What system is considered the parent of the change control system documented in Donna's plan?
A. Quality Management System
B. Change Control System
C. Project Management Information System
D. Integrated Change Control System
Answer: C
QUESTION NO: 3
What component of the change management system is responsible for evaluating, testing, and documenting changes created to the project scope?
A. Project Management Information System
B. Integrated Change Control
C. Scope Verification
D. Configuration Management System
Answer: D
QUESTION NO: 4
You are program manager for the HYH Program. Your program governance is requiring you to use earned value management to predict how closely your program is tracking to the cost and schedule baselines and to predict overall program performance. Which earned value management formula can you use to predict how much more will need to be invested in the program based on current program performance?
A. EV/AC
B. EV/PV
C. BAC/CPI
D. EAC-AC
Answer: D
QUESTION NO: 5
You have created a control chart for a repeatable process in your program. You have discovered that the seven most recent measurements are all on the positive side of the mean in your control chart. What is this phenomenon called?
A. Rule of Improvement
B. Mean Improvement
C. Rule of Seven
D. Low-Riding Mean
Answer: C
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Updated: May 26, 2022