- (Topic 3)
Complete the following phrase about quality management: Quality is into a program, not into a program.

1. A. Built, inspected
2. B. Planned, inspected
3. C. Planned, controlled
4. D. Executed, controlled

Correct Answer: B

- (Topic 3)
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 impact of the risk events are minimal, but the schedule impacts could be bigger. The stakeholders are concerned about delaying the schedule beyond a given due date for the program. They would like you to determine if it is possible to add more labor, use a higher grade of material, or hire some consultants to ensure the risks do not occur in the program. They are not much concerned about the cost of the solution as long as the solution or identified risks do not delay the program completion. What type of risk response are your program stakeholders recommending in this situation?

1. A. Avoidance
2. B. Mitigation
3. C. Transference
4. D. Workaround

Correct Answer: B

- (Topic 1)
Part of your job as the program manager is to coach the project managers on their duties and goals. One of the project managers, Holly, is having trouble discerning the difference between quality assurance and quality control. She understands that she needs both to help you reach the program goals. Which statement best describes quality assurance for a project within your program?

1. A. Quality assurance is an inspection-driven process to keep mistakes out of the project.
2. B. Quality assurance is a prevention-driven process to keep mistakes out of the project.
3. C. Quality assurance defines quality and sets goals for the project team.
4. D. Quality assurance is an organization-wide process to do the work according the organizational goals and metrics.

Correct Answer: B

CORRECT TEXT - (Topic 4)
You are the program manager for your organization and you are trying to determine the possible outcomes of a risk event. You're analyzing the risk event's worst case scenario, most likely scenario, and optimistic scenario to simulate the possible affects of the risk on the program's cost, time, and scope ramifications. What simulation technique are you using in this situation?

1. A. Decision tree analysis
2. B. Force field analysis
3. C. Monte Carlo simulation
4. D. Sensitivity analysis

Correct Answer: C

- (Topic 1)
A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent $620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time. Based on this information which type of performing is present in this scenario?

1. A. Schedule, because the program's planned value is only $700,000.
2. B. Cost, because the program has a cost variance of -7,500
3. C. Schedule, because the program has a schedule performance index of .88.
4. D. Cost, because the program has an estimate to complete of $1,151,429.

Correct Answer: C