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A program has a budget at completion of $1,250,000 and has already spent $425,000. The program is running late due to some vendor delays; the program is only 30 percent complete though it was scheduled to be 45 percent at this time. Based on this information how much more money will this program need to finish?

  1. $978,445
  2. $919,325
  3. $991,667
  4. $987,544

Answer(s): C



Your program has a budget at completion of $1,550,000 and is expected to last one year.
Currently your program is 45 percent complete and has spent $725,000. According to the program schedule you are actually to be fifty percent complete by this time, but due to some vendor delays your program is running just a bit late. Based on this information which is performing worse, the cost or schedule?

  1. The schedule is performing worse because the SPI is .90
  2. The cost is performing worse because the EAC is $1,611,111.
  3. The schedule is performing worse because the SV is -$27,500.
  4. The cost is performing worse because the CPI is .96.

Answer(s): A



Which of the following is not a template element that is designed to make the project more effective?

  1. Description of the work packages
  2. Required resources and skills
  3. Required actions to complete the project scope
  4. Contract file

Answer(s): D



You are coaching Tammy, a project manager in your program, on the benefits of program management. She is stumped as to why you would create a program so you're sharing with her all the difference benefits of a program. Which one of the following is a benefit of creating a program?

  1. Programs always cost less than multiple projects in an organization.
  2. Project management is centralized to the program manager.
  3. Programs provide centralized risk management.
  4. Program management makes communication easier among the project managers and project team.

Answer(s): C






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