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QUESTION NO: 1
What is the formula to determine earned value (EV) for a program.?
A. Percent complete times percent remaining in the program
B. Percent completes time the program cost estimate
C. Percent complete times the program budget at completion
D. Percent complete times the program cost of labor and materials
Answer: C
QUESTION NO: 2
Olive is the program manager for her organization. She has created a request for proposal for a large portion of her program. In this work to be procured she has set several requirements for the vendors to participate. The chief among these requirements is a vendor must have at least four licensed electricians in his team. This requirement for four licensed electricians is an example of which one of the following terms?
A. Screening system
B. Scoring model
C. Vendor analysis requirements
D. Evaluation criteria
Answer: A
QUESTION NO: 3
You are the program manager for your organization. Management has asked you to create a document that will capture the stakeholders concerns, perceived threats, and specific objectives about the program and its projects. What document is management asking you to create in this instance?
A. Requirements document
B. Project charter
C. Business case
D. Scope statement
Answer: D
QUESTION NO: 4
You are the program manager of the NHQ Program. You are working with your program team to ensure that the work in the program is done accurately and according to scope. You are also reviewing the team inspection process that will need to be done to ensure that the work is being done according to the scope.
If the work is found to be defective it will need to be corrected before the program customers can inspect the work. What process are you completing to ensure that the work is done accordingly to scope?
A. Quality control
B. Scope verification
C. Quality assurance
D. Planning
Answer: C
QUESTION NO: 5
Your company and a competing company have created a teaming agreement for an opportunity.
Through this team agreement you and your competitor can complete a major program for a client.
This is, technically, a risk response for both organizations. What type of risk response are you dealing with in this instance?
A. Teaming
B. Exploiting
C. Accepting
D. Sharing
Answer: D
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Updated: May 26, 2022