- (Topic 2)
An organization is considering a new program. The business analyst believes that the benefits to the organization would equate to $1,550,000 in five years. If the rate of return for this program is six percent what is the maximum amount the organization should invest in this program?

1. A. $1,158,250
2. B. It depends on the internal decision making process.
3. C. $2,074,249
4. D. $1,550,000

Correct Answer: A

- (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 3)
Who owns the program?

1. A. Program manager
2. B. Project manager
3. C. Program director
4. D. Program sponsor

Correct Answer: C

- (Topic 2)
Which of the following is NOT true regarding the program work breakdown structure (WBS)?

1. A. It defines a program and groups the program's discrete work elements in a way that helps organize and define the total work scope of the program.
2. B. It subdivides the program deliverables to work packages that are linked to the activities within the program.
3. C. It defines all the work and only the required work for the program.
4. D. It subdivides the program deliverables to work packages that are linked to the activities within the program.

Correct Answer: C

- (Topic 4)
Julie is the program manager of the NHQ Program for her organization and she believes the program is now complete. Julie is closing her program, and she's working with her program sponsor to review the program's deliverables and benefits. Janet, the program sponsor, is very pleased with the program and agrees that the program has met the program scope. What should Julie and the program sponsor do next?

1. A. Sign the certificate of program closure
2. B. Complete the program's budget
3. C. Release the program's resources
4. D. Close the constituent projects before closing the program

Correct Answer: A