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QUESTION NO: 1
What analysis type could you use in a program to compare the positive stakeholders and their position, power, and influence over your program to the same variable components of the negative stakeholders in your program?
A. Sensitivity analysis
B. Stakeholder analysis
C. Monte Carlo simulation
D. Force field analysis
Answer: D
QUESTION NO: 2
Andy is the program manager of the HQN Program. This program is nearing its completion and there is still $25,000 left in the program budget. Andy has asked the program team to identify some extra deliverables that can be included in the program scope to improve the program deliverable but also to use all of the funds in the budget. What term is assigned to the actions that Andy is trying to do in this instance?
A. Value-added change requests
B. Zero based budgeting
C. Integrated change control
D. Gold plating
Answer: D
QUESTION NO: 3
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
QUESTION NO: 4
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: 5
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
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Updated: May 26, 2022