- (Topic 2)
You are the program manager for your organization and are planning the composition of the project team. In your organization resources are used from throughout the company and may serve on more than one project. While you, the program manager, will have most of the authority on the program you want the project managers to have authority over the project decisions. What type of an organizational structure does your organization have?
Correct Answer:
A
- (Topic 4)
You are the program manager for your organization. You have proposed a program that will cost $750,000 and will last for four years. Management is concerned with the cost of the program in relation to the return your program will bring. If the rate of return is six percent what is the minimum value your project should return in four years based on the investment of the program?
Correct Answer:
B
- (Topic 4)
You work as a program manager for a large construction program. Your program includes constructing hotels across the country. You collect information on the status of the program. During comparison with the original plan you find the 200 hotels have been completed as against 275 hotels planned as of today. In which program process are you working on?
Correct Answer:
C
- (Topic 3)
During the selection of source process, you assign certain points towards various categories to judge the vendors. Which type of source selection process is it?
Correct Answer:
C
- (Topic 1)
You are a program manager for your organization. You have proposed a program to the management that will last four years and will cost $35 million to create. Management has asked to see the program charter and the proposed costs and benefits of the program.
Management agrees to your program charter and proposed to fund the program in
increments at the completion of each milestone. What type of funding does management proposed for this program?
Correct Answer:
B