QUESTION: 73

You are the program manager for your organization. Your current program, which has just started, has eight projects and many of the projects share resources such as equipment and people. Management has asked that you identify when the project resources will be utilized on each project within your program. They are worried some resources may be idle or overscheduled. What approach can you use to consider the availability of resources when the project managers begin sequencing their project activities?

The project managers will use the critical path method for scheduling activities.
The project managers will use PERT to schedule all activities.
The project managers will use the critical chain method for scheduling activities.
The project managers will create Gantt charts to schedule all activities.

Answer(s): C

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QUESTION: 74

You are the program manager for your organization and you're trying to determine if you buy or build a software solution for your organization. If you build the solution it'll cost you $75,000 to create and it'll cost you $12,000 per month to support. If you hire a vendor they can build the solution for $63,000 but their solution will cost you $15,500 per month to support. How many months would you have to use your in-house solution to equate to the cost of the vendor's solution?

Approximately 6 months
You'll never be able to equate to the cost of the vendor's solution.
Approximately 3.5 months
Approximately 10 months

Answer(s): C

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QUESTION: 75

Robert is the program manager of the NHQ Program. His team has never worked with one another before this program and he is worried about their abilities to become a team in very short order. He would like to create a team development exercise to facilitate this process. Robert will need all of the following information except for which one to facilitate team development?

Risk management plan
Program management plan
Personnel records
Training records

Answer(s): A

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QUESTION: 76

What document asks the seller to provide your project with a detailed description of a project solution along with a price to complete the project work?

Proposal
RFP
Bid
Quote

Answer(s): B

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QUESTION: 76