QUESTION 81
A single-phase construction project is in the process of closing. There are a number of processes coming together as things finish up to complete the work of the project. Which of the following is correct?
A. Contract Closure will come before Close Project
B. Close Project happens only if the project is completed as planned
C. Close Project and Contract Closure happen at the same time
D. Close Project will come before Contract Closure
Correct Answer: A
QUESTION 82
You are a Project Manager at Dewey, Cheatum, and Howe and assigned to a major construction project. The project is on schedule and under budget, but you are constantly in conflict with a member of your project team. This team member is sabotaging the project. What would be the best solution to resolve this problem?
A. Firing the team member from the project as soon as possible
B. Reporting this to senior management
C. Reporting this problem to senior management with a solution of replacing this team member
D. Holding a team meeting to vote if the team member should be removed
Correct Answer: C
QUESTION 83
An organization is considering a new program. The business analyst believes that the benefits to the organization would equate to $1,550,000 in five years. If the rate of return for this program is six percent what is the maximum amount the organization should invest in this program?
A. $1,158,250
B. It depends on the internal decision making process.
C. $2,074,249
D. $1,550,000
Correct Answer: A
QUESTION 84
Based on its board’s mandate, an organization drafts a new business strategy to meet future challenges, put the business on track, and meet growth expectations. Key to this are upgrading the IT infrastructure and strategic direction to transition the computing platform from onsite to cloud-based, thereby optimizing costs, and providing scalability, performance and high availability.
How should the program manager use the program mission statement to engage program stakeholders?
A. Publish the program mission statement and interact with operational managers and stakeholders to ensure that programs receive appropriate operational support.
B. Review, capture and document the organization’s current state, its new strategic direction, and how the program will support its mission
C. Incorporate the names of key stakeholders and their respective influence, power, and authority into the program mission statement.
D. Update the program mission statement to address strategic business goals, and the influence of stakeholders’ interests, concerns, and expectations.
Correct Answer: D
QUESTION 85
A program is in its last year of execution. The program manager will receive a performance bonus if executive leadership and the program steering committee determine that the program is a success. How can the program manager justify receiving a performance bonus upon program closure?
A. Update the business case analysis document indicating how each goal was attained.
B. Prepare a financial framework to show effective financial management and alignment with profit metrics.
C. Provide a report using the benefits management plan to demonstrate overall benefits realization.
D. Conduct a customer satisfaction survey to show program success.
Correct Answer: C
QUESTION 86
You are working with Sam, a project manager on one of the projects within your program. Sam doesn’t understand all of the rules and procedures that he’s required to do as a project manager in your program. What are the rules and procedures called in project that Sam must abide by?
A. Project governance
B. Process procedures
C. Enterprise environmental factors
D. Program governance
Correct Answer: D
QUESTION 87
Which of the following is not a template element that is designed to make the project more effective?
A. Description of the work packages
B. Required resources and skills
C. Required actions to complete the project scope
D. Contract file
Correct Answer: D
QUESTION 88
A request for proposal (RFP) yields a bid with a better delivery schedule and a lower cost, but originates from a vendor not on the prequalified vendor list. During the final review of the RFPs, the program manager is informed that the new bidder is a relative of the project manager. Although the bid meets all company policies, the program manager is concerned about a conflict of interest.
What should the program manager do?
A. Select the best bid from the prequalified vendor list.
B. Accept the bid from the new vendor and document the decision.
C. Advise the sponsor of a possible conflict of interest prior to awarding the bid.
D. Add the new vendor to the prequalified list and replace the project manager.
Correct Answer: C
QUESTION 89
Program management has several themes that the program manager must be aware of. Which one of the following is not a program management theme?
A. Benefit management
B. Stakeholder management
C. Program governance
D. Organizational planning
Correct Answer: D
QUESTION 90
A program completes all component projects and all identified benefits are being delivered. However, the program sponsor is concerned that long-term benefits may not meet organizational performance parameters. To ensure the realization of long-term benefits, what should the program manager use?
A. Benefits register
B. Benefits sustainment plan
C. Benefits management plan
D. Benefits transition plan
Correct Answer: B
QUESTION 91
Molly is the program manager for her organization and she is creating a program plan that defines the benefits of the program and how her program and team will create the benefits for the organization. What plan is Molly creating in this scenario?
A. Quality management plan
B. Business case
C. Program management plan
D. Benefits management plan
Correct Answer: D
QUESTION 92
You are managing a project and the sponsor has removed the previous Project Manager on the project because they could not keep the project on budget. According to your current project budget, this project is over budget by $245,000. As the current Project Manager, you are afraid you will also be removed if you report this status. What is the best response you can tell senior management?
A. Report the delay to senior management and the reasons
B. Tell senior management the project is over budget by $245,000 with a plan to recover
C. The schedule is only two weeks behind so you don’t report the delay
D. Don’t report the delay and begin looking for a new job
Correct Answer: B
QUESTION 93
A Project Manager has been contracted by a company to manage the development of a software business application. The Project Manager discovers that five of the software developers are contractors and do not have legal software licenses. What should the Project Manager do in this case?
A. Report this to the company’s senior management
B. Report this to PMI
C. Call the software vendor
D. Fill out a software piracy report
Correct Answer: A
QUESTION 94
The software development company has recently been awarded a large contract to create a new animation software program. This will require the company to move into a new office complete with production facilities twice their current size. The schedule is tight for this new project. The new facility is behind schedule with the cubicles and network wiring on pace to finish three weeks late. If this can’t be done on time and will slip three weeks, the company has decided there is nothing it can do, and it will simply deal with the consequences. This is an example of what type of risk response?
A. Accept
B. Avoid
C. Mitigate
D. Transfer
Correct Answer: A
QUESTION 95
You are the program manager for your organization. You have created a statement of work, request for proposal, and an invitation to a bidder’s conference for 17 possible vendors. During the conference there were questions about your request for proposal and statement of work that led to clarifications. After the vendor conference you should update what information to send back to the vendors?
A. Proposals
B. Statement of work
C. Program management plan
D. Request for bid documents
Correct Answer: B
QUESTION 96
After taking over a program, a program manager reviews the program’s status and discovers that stakeholders do not know how the program is performing in relation to schedule and costs. The program manager establishes earned value (EV) metrics and determines that the program has a budget of US$2.1 million, is three months into a nine-month timeline, and the planned value (PV) at the three-month point should be US$320,000. The program has spent US$350,000 and the EV is US$340,000.
Based on this information, the program manager determines which of the following?
A. The schedule is US$30,000 under budget
B. The cost is US$20,000 under budget
C. The schedule is US$10,000 over budget
D. The cost is US$20,000 over budget
Correct Answer: D
QUESTION 97
The project managers for component projects A and B schedule the same resource to perform tasks during the same timeframe, resulting in an over-allocation. The program manager reviews the program resource management plan, determines that project A can wait until the resource becomes available, and assigns the resource to project B. This is an example of which of the following?
A. Program resource management planning
B. Program risk mitigation
C. Resource interdependency management
D. Project resource planning
Correct Answer: C
QUESTION 98
A program with six projects has been running for three years. The company’s procurement and contracts department has compiled a qualified seller list. The program manager determines that one of the projects must be outsourced. The program manager will use the qualified seller list to do which of the following?
A. Plan a proposal evaluation system
B. Prepare the program procurement management plan
C. Perform the required program budget updates
D. Issue requests for proposals
Correct Answer: D
QUESTION 99
You are the program manager for your organization. A new program is about to initiated and Marcy, your assistant, asks you about the themes that all new programs must map to. All of the following are themes that you can discuss with Marcy except for which one is not a program theme?
A. Stakeholder management
B. Requirements analysis
C. Benefits management
D. Program governance
Correct Answer: B
QUESTION 100
A program manager with a program to merge two banking entities has several cost and schedule variances that could negatively impact its overall benefits delivery. What should the program manager do next to take corrective action?
A. Identify risk mitigation for the cost and schedule variances.
B. Develop what-if scenarios and identify corrective actions.
C. Perform a risk assessment and add outcomes to the program risk register
D. Develop contingency plans and implement changes.
Correct Answer: B