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You are the program manager for your organization and are working with Tracy, one of the project managers in your program. Tracy is having some trouble understanding the concept of the critical path in her project's network diagram. Which one of the following is the best definition of the critical path?

A.

It is the path that carries the most risk of project failure.

B.

It is the path that reveals the earliest date the project can finish.

C.

It is the path with the most important activities in the project.

D.

It is the duration of all the project activities if the labor is summed.

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.

You are the program manager for a construction program. In this program you are requiring that all workers adhere to the identified safety requirements. Some of the work in the program you've decided is too risky for the program team members so you've hired specialists to manage the dangerous work. The outsourcing of the dangerous work to a specialist is what type of risk response?

A.

Avoidance

B.

Mitigation

C.

Transference

D.

Enhancing

Your program has a budget at completion of $1,550,000 and is expected to last one year.

Currently your program is 45 percent complete and has spent $725,000. According to the program schedule you are actually to be fifty percent complete by this time, but due to some vendor delays your program is running just a bit late. Based on this information which is performing worse, the cost or schedule?

A.

The schedule is performing worse because the SPI is .90

B.

The cost is performing worse because the EAC is $1,611,111.

C.

The schedule is performing worse because the SV is -$27,500.

D.

The cost is performing worse because the CPI is .96.

How does a portfolio’s collection of work differ from that of a program’s collection of work?

A.

Outcomes are interdependent

B.

Benefits are achieved only when managed collectively

C.

Components may be independent

D.

Outcomes are time bound

A program manager recognizes that a successful resource being used in project A could also be used in project B.

What should the program manager do first to leverage the utilization of this resource?

A.

Assign project A's resource to project B.

B.

Reassign the resource to project B after project A ends.

C.

Prioritize the resource to optimize their use across both projects A and B.

D.

Mitigate risk by leveraging other resources in project A.

A program manager is working on benefits. The program team created and updated a benefits register earlier in the program.

The benefits register should include which of the following?

A.

List of planned benefits, earned value (EV), and responsible person

B.

List of planned benefits, measurement method, and component mapping

C.

List of planned benefits, benefit creator, and realization date

D.

List of planned benefits, stakeholders, and risk level

The program manager of a multinational program must reconcile data including subject matter experts’ labor hour estimates, and other direct resource hour estimates. In addition, the program manager must prepare the cash flow analysis.

Which of the following should be considered to get a baseline budget?

A.

Currency exchange rates

B.

Component cost estimates

C.

Baseline schedule

D.

Program payment schedules

What is the primary purpose of a project kick-off meeting?

A.

To establish why the project has been initiated.

B.

To establish the direction and purpose of the project management plan.

C.

To establish the roles and responsibilities of the stakeholders.

D.

To establish who the project manager and project sponsor are for the project.

You are the program manager for your organization. Your program has a budget of $750,000 and is expected to last one year. The program is currently 30 percent complete and has spent $245,000. The program is supposed to be 40 percent at this time. What is the schedule performance index (SPI) for this program?

A.

Negative ten percent B. .75

B.

$300,000 D. $225,000