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What should the program manager do to address the risk?
A regional finance program is impacted by a new currency regulation issued by a country in the region . The new regulation requires changes to the financial statements of that country’s branches by the end of the fiscal year. Failing to comply with the regulation may result in fines and/or...
What activity should the program manager perform next?
A program is developing a next-generation product line, and one component has been delivered. However, due to a change request, expectations for another component are unmet. What activity should the program manager perform next?A . Program delivery managementB . Resource interdependency managementC . Program performance monitoring and controllingD . Benefits...
What type of risk response have you implemented in this situation?
You are the program manager of the GHY Program. Your program team has identified a risk dealing with the materials you will be using in the program. It is possible that if the materials are not installed properly they will cause serious damage in future phases of the program. Your...
What role do you play in Tom's project closure?
You 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...
What is this meeting called?
You are hosting a meeting with all of the vendors that have received a copy of your statement of work. In this meeting, you'll be discussing the statement of work, clarifying the details, and answering any questions the vendors may have about the project. What is this meeting called?A ....
What should the program manager do next?
The program manager has a global program with five component projects . The program sponsor wants the management plans, processes/procedures, and technology to be uniform across the program . The requirements will create issues and result in increased costs . The program sponsor is new and has imposed these new...
How should the program manager handle this concern?
A program manager is concerned that a program will be unable to achieve its intended benefits. How should the program manager handle this concern?A . Meet with the program management office (PMO) to review critical program success factors.B . Meet with the component project managers to reallocate resources within the...
What does RACI stand for?
What does RACI stand for?A . Responsible, Account, Confirm, InformB . Responsible, Accountable, Consult, InformC . Roles, Accountable, Confirm, InformD . Roles, Action, Consult, InformView AnswerAnswer: B
Based on this information, how many pennies is your program losing per dollar spent on the work?
You are the program manager for the GHT Program for your company. This program has a budget at completion of $789,000 and is currently 40 percent complete, though it was scheduled to be 50 percent at this time. Your program has spent $325,000 of the budget to date. Based on...
What type of risk response are your program stakeholders recommending in this situation?
You are the program manager for your organization and you are dealing with your program stakeholders. You are explaining to them, along with your program team, how certain activities in the program may cause delays in the schedule if the associated risk events come into play . The cost of...
