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. $1,550,850A program manager assigns project managers to five component projects and continues to develop the program team. Which of the following represents the program manager's strategy?
A. Rotate the responsibility for risk assessment among the program componentsYou are the program manager of the JNH Program. Tom, a project manager in your program, has just completed his project and is ready to officially close his project. You agree that Tom's project is completed. What role do you play in Tom's project closure?
A. You must ensure that the project sponsor closes the project.A program manager has a multiple-project program that is scheduled to be completed by year's end. During the program delivery phases of the projects, several mandatory changes are identified that would extend the program's completion date.
What is the next step for the program manager?
A. Apply resource leveling to ensure the program is completed on scheduleDuring program execution, how does a program manager ensure that benefits are being realized in accordance with program governance?
A. By reviewing the benefits management planIn your program you must adhere to Six Sigma as part of your organization's enterprise environmental factors. There is terminology, reports, and measurements that you are expected to use as part of your program. Six Sigma is an example of what program management process?
A. Quality controlBen is the program manager for his organization. He's working with program team to determine what activities need to be completed in order to move the program into execution. He and the team are subdividing the program scope into smaller, manageable components to determine the activity list. What is Ben and his program team creating by subdividing the program scope in this scenario?
A. Work breakdown structureYou 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.Which of the following is described in the statement given below?
"It serves as the primary input for the Plan Program Stakeholder Management process, as well as for the distribution of program reports and other communication."
A. Stakeholder registerWhat document asks the seller to provide your project with a detailed description of a project solution along with a price to complete the project work?
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