Question 1

If a risk has a probability of 60 percent and an impact of -$57,000 what will the expected monetary value of the risk event be?

Volume C

Options :

A : -$34,200

B : -$57,000

C : -9,500

D : You will need to know the utility function of the organization to determine this

Answer: A

Question 2

A program stakeholder is concerned about information they receive about a project. Who is responsible for reviewing the communications management plan to assure adequate information is provided to the stakeholder?

Volume D

Options :

A : Program sponsor

B : Communications manager

C : Project manager

D : Program manager

Answer: B

Question 3

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?

Volume D

Options :

A : Apply resource leveling to ensure the program is completed on schedule

B : Update the schedule to reflect the extended completion date

C : Adjust working hours to ensure the program is completed on schedule

D : Submit a change request to extend the program schedule

Answer: D

Question 4

You are the program manager for your organization and are reviewing several proposed change requests for your program. Mary, a stakeholder, who has made a change request is asking why it is taking you so long to review the change. You tell her that you must perform integrated change control to review each change request. What is integrated change control?

Volume B

Options :

A : It is the review of the impact of the change on the program-s knowledge areas

B : It is the review of the impact of the change on the time, cost, scope, and quality baselines.

C : It is the review of the impact of the change on the program-s triple constraints.

D : It is the review of the impact of the change on the program-s Iron Triangle

Answer: A

Question 5

Gina is the program manager for her organization and is reviewing the results of quality control. She would like to create a chart that shows the categories of defects within the program so that she and the program team can address the largest categories in descending order. Which one of the following is the best chart for Gina in this situation?

Volume B

Options :

A : Cause and effect chart

B : Pareto chart

C : Control chart

D : Ishikawa chart

Answer: B

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