- (Topic 1)
In which of the following processes is the program charter created?

1. A. Establish Program Financial Framework
2. B. Plan Program Scope
3. C. Initiate Program
4. D. Develop Program Management Plan

Correct Answer: C

- (Topic 3)
Which of the following documents is described in the statement below?
"It is a type of procurement document used to request proposals from prospective sellers of products or services."

1. A. Request for information
2. B. Request for quote
3. C. Request for proposal
4. D. Request for bid

Correct Answer: C

- (Topic 3)
According to Standard for Program Management, Second Edition, how many knowledge areas are involved for program management?

1. A. 7
2. B. 5
3. C. 9
4. D. 11

Correct Answer: C

- (Topic 3)
If a risk has a probability of 60 percent and an impact of -$57,000 what will the expected monetary value of the risk event be?

1. A. -$34,200
2. B. -$57,000
3. C. -9,500
4. D. You will need to know the utility function of the organization to determine this.

Correct Answer: A

- (Topic 3)
Which earned value management formula can help you determine how likely it is that you'll complete the program based on the amount of cash left in the program budget?

1. A. Estimate at completion
2. B. Variance at completion
3. C. To-complete performance index
4. D. Estimate to complete

Correct Answer: C