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What should be done with the identified potential risk?
Throughout a multiyear program, component projects are transitioned to the customer. During the project acceptance phase, a potential risk is identified and brought to the program team's attention. What should be done with the identified potential risk?A . Incorporate it into the risk register and perform a thorough analysis.B ....
What should the program manager do with the knowledge gained from this activity?
A program manager joins a team to fix a troubled enterprise-wide customer relationship management (CRM) system. Analysis indicates that duplicate customer information data is resulting in redundant client information . The program manager accesses the knowledge repository for similar programs to gather historical data and trends. A corrective action is...
What should the program manager do?
The program manager plans to address a negative cost variance generating a red flag in the program management status report. What should the program manager do?A . Contact the project sponsors to present the details, impacts, and possible corrective actions regarding the negative cost variance.B . Gather all the details,...
This is an example of which positive risk response?
Your program creates a byproduct that you could sell to a client . The cost of the byproduct would offset the cost of the program by nearly $7,500 per month. This is an example of which positive risk response?A . SharingB . EnhanceC . ExploitingD . AcceptingView AnswerAnswer: C
What duration compression technique typically adds risk when it's used during a program?
What duration compression technique typically adds risk when it's used during a program?A . Lead time generationB . Fast trackingC . Resource leveling heuristicsD . CrashingView AnswerAnswer: B
What project management term would you associated with a predetermined budget you’re your program?
What project management term would you associated with a predetermined budget you’re your program?A . Program governanceB . ConstraintC . Cost baselineD . AssumptionView AnswerAnswer: B
What is a critical component of the Program Schedule Management Process?
A program in a matrix organization includes subprojects for specific required technologies . The program manager assembles a team of project managers to lead each of the component projects. Each component project requires unique technical skills and expertise. To ensure that there are no budget overruns, the program manager leverages...
To ensure continued funding for the program, what should the program manager do next?
An organization initiates an innovation program to deliver exceptional performance and benefits. After the program transition plan is in place and the implementation of a benefits sustainment plan starts, the program manager discovers the program may be shut down due to lack of funding. To ensure continued funding for the...
Which document will be created to support this activity?
A program manager needs to establish direction and identify the essential aspects of a program. In addition, they must ensure that the context and framework of the program are properly defined, assessed, and documented. Which document will be created to support this activity?A . Program resource management planB . Program...
Which of the following terms is used for a schedule compression technique where two activities that were previously scheduled to start sequentially start at the same time?
Which of the following terms is used for a schedule compression technique where two activities that were previously scheduled to start sequentially start at the same time?A . Fast trackingB . CompressingC . FloatD . CrashingView AnswerAnswer: A
