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Question No.201

Which of the following statements are true regarding the Monitoring and Controlling Program Risks process? Each correct answer represents a complete solution. Choose all that apply.

1. Risk Monitoring and Control is an ongoing process for the life of the program.

2. Planned risk responses should be continuously monitored for new and changing risks.

3. Monitoring reduces the impact of risk by identifying, analyzing, reporting, and managing risks on a continuous basis.

4. It is the process of selecting the most suitable response to reduce the threats to the program objectives.

Correct Answer: ABC

Question No.202

Rick is a Program Manager for a large construction program. The program contains four projects. Stakeholders have requested for some changes that will change the scope of the program. Rick needs to monitor and control program scope. He is required to analyze the change request with detailed deliverables, acceptance criterion, and the work of theprogram. Which of the following documents will help him for this?

1. Project charter

2. Program scope statement

3. Program performance report

4. Program charter

Correct Answer: B

Question No.203

Which of the following program process outputs includes causes of variances from the program management plan, corrective actions taken and their outcomes, risk mitigations, and other information of value to management and stakeholders of future programs?

1. Lessons learned

2. Supporting details

3. Program management plan updates

4. Assumptions

Correct Answer: A

Question No.204

You are a program manager of a program. You are required to compile performance data of your program. These data will be sent to relevant stakeholders. You are reviewing the status reports of all projects including the costs, schedule, scope, risks, and other performance data. In which of

the following processes are you working on?

1. Plan Communication

2. Distribute Information

3. Report Program Performance

4. Monitor and Control Program Performance

Correct Answer: C

Question No.205

You are the program manager for your organization and are working with your team to identify stakeholders in the program. Where should the identified stakeholders and their information be recorded?

1. Stakeholder matrix

2. Communications management plan

3. Requirements traceability matrix

4. Stakeholder registry

Correct Answer: D

Question No.206

Your program is to construct a new condo building in Chicago. You and the project managers are working together to define the project assumptions about the program. Which one of the following is an example of an assumption for this program?

1. Deadlines for project milestones

2. Building codes

3. A predetermined program budget

4. Weather

Correct Answer: D

Question No.207

Identify the term described in the statement given below?

quot;The use of it should be reviewed along with an assessment of their effectiveness. This will aid the program management in determining if risks to the program are being effectively managed. It also provides feedback to the program management on any projects that need to be recovered or terminated.quot;

1. Budget

2. Planned Value

3. Contingency Reserve

4. Earned Value

Correct Answer: C

Question No.208

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?

1. Monitor and Control Program Scope

2. Monitor and Control Project Performance

3. Monitor and Control Program Schedule

4. Manage Program Issues

Correct Answer: B

Question No.209

Martha is the program manager for her organization. One of the projects of a program is done but is also considerably over budget. Kay, the project manager, has elected to crash the project in order to recoup schedule delays but this increased the project costs. What should Martha instruct Kay to do with the information regarding the schedule delays and cost overruns?

1. Create an entry in the lessons learned documentation and explain her reasoning behind the corrective actions.

2. File the information as part of the project final report.

3. Create a variance report.

4. Create an exceptions report.

Correct Answer: A

Question No.210

Which of the following tools and techniques are parts of the Administer Program Procurements process? Each correct answer represents a complete solution. Choose all that apply.

1. Inspection and audits

2. Budget management system

3. Supplier performance review

4. Contract performance review

Correct Answer: ABD

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