- (Topic 1)
You are the project manager for your organization. Your project team has finished the second phase of a seven-phase project. At the end of each phase, management must
review the work your project team has completed and determine if the project should be allowed to continue. What name describes this type of end-of-phase review management is completing on your project?

1. A. Quality control
2. B. Kill point
3. C. Phase review
4. D. Audit

Correct Answer: B

- (Topic 1)
What is the formula to determine earned value (EV) for a program?

1. A. Percent complete times percent remaining in the program
2. B. Percent completes time the program cost estimate
3. C. Percent complete times the program budget at completion
4. D. Percent complete times the program cost of labor and materials

Correct Answer: C

- (Topic 2)
You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?

1. A. Cost plus incentive fee
2. B. Cost plus percentage of costs
3. C. Time and materials
4. D. Fixed fee

Correct Answer: B

- (Topic 2)
You are the program manager for your organization and are coaching Bonnie, a project manager, who would like to be a program manager wants to know what a program is. Which one of the following statements best defines what a program is for Bonnie?

1. A. A program is a collection of projects that work together to create one deliverable for the organization
2. B. A program is a collection of projects managed to gain benefits for the organization; the organization could not realize the benefits of the project if they were managed independently.
3. C. A program is a uniform set of goals that are too large to be managed as one independent project so the project is subdivided into multiple objectives led by multiple project managers and orchestrated by one program manager.
4. D. A program is a large collection of projects lead by a single project manager.

Correct Answer: B

- (Topic 2)
You are the project manager for the JJY Project, which is similar to the HHG Project you managed last quarter. You would like to model the current project scope on the previous project to save time and effort. This is an example of what kind of scope definition?

1. A. Analogous estimating
2. B. Organizational process assets
3. C. Parametric scope definition
4. D. Template driven

Correct Answer: D