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QUESTION NO: 1
You are the program manager for your organization. Part of your role as the program manager is to train John, a new program manager, on the program processes within a program. John is confused as to when the program team can be acquired in the program management lifecycle.
When will the program team be acquired for a program?
A. Planning
B. Execution
C. Monitoring and controlling
D. Initiation
Answer: B

QUESTION NO: 2
You are the program manager for your organization. When a project in your program is completed, who will need to sign the certificate of completion?
A. The project manager
B. The program customer
C. The program stakeholders
D. The project management team
Answer: B

QUESTION NO: 3
You are the program manager for your organization. You're currently working with the program director,
Nancy Holmes, to define a new program and the benefits the program should create. Of the following, which is the best definition of a benefit a program creates?
A. A benefit is an outcome of the constituent projects within a program.
B. A benefit is a project and program deliverables that the organization may use immediately.
C. A benefit is a deliverable of a program or project that is worth more than the cost to create the deliverable.
D. A benefit is an outcome of actions and behaviors that provides utility to stakeholders.
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 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

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Updated: May 26, 2022