QUESTION: 133

You are trying to determine if you should buy or build a solution for your program. If you build the solution it'll cost you $45,000 to create and $7,000 per month to support. A vendor reports that they can create the solution for you for $1,000 but you'll have to pay them $9,000 per month to support the solution. Should you buy or build this solution?

Build the solution if you'll use it longer than 22 months.
Buy the solution if you'll use it longer than 24 months.
Buy the solution if you'll use it longer than 22 months.
Build the solution if you'll use it longer than 25 months.

Answer(s): A

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QUESTION: 134

You are the program manager of the GHY Program. Your program team has identified a risk dealing with the materials you will be using in the program. It is possible that if the materials are not installed properly they will cause serious damage in future phases of the program. Your team has recommended additional training and a consultant to help the team members install the material accurately to reduce the likelihood of the risk event.
You agree and the team executes the risk response. What type of risk response have you implemented in this situation?

Enhancing
Workaround
Mitigation
Avoidance

Answer(s): C

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QUESTION: 135

You are the program manager for the HNY Corporation and you complete programs for other companies in your role. You have just been assigned a new program that is very similar to a recently completed program you did for your company. Management has asked you to create a cost estimate for the program so you base your current cost estimate on the recently finished program. What type of estimating technique have you used in this instance?

Bottom-up
Parametric
Analogous
Rough order of magnitude

Answer(s): C

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QUESTION: 136

You are the program manager for a large program in your matrix organization. You need to define when the resources in your program will be brought into the program and then released from the program so that the project managers, operational managers, and your program team can plan accordingly. What program management plan defines when resources are needed, how the resources will be obtained, and how the resources may be released from the program?

Procurement management plan
Resource management plan
Team management plan
Schedule management plan

Answer(s): B

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QUESTION: 133

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QUESTION: 136