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You are the program manager for your organization. As your program is being initiated there is some initial concern from the management about the utilization of resources in your program and the need for resources in their day-to-day roles in operations. Management has set a limit on your program that resources may only work 20 hours per week on the program. What is this limit of resource hours in a time period known as?

  1. Resource leveling heuristic
  2. Resource requirements
  3. Program risk
  4. Resource utilization

Answer(s): A



You are the program manager for your organization. You are planning a new program that will construct a new warehouse facility for your company. As you look forward to the conclusion of the program you need an official document that will signify the program has ended. What document should you specify in your program management plan for the conclusion of the program?

  1. Final program audit report
  2. Audit of program financials
  3. Lessons learned documentation
  4. Certificate of program completion

Answer(s): D



You are the program manager for your organization and are working with your team to create the program scope management plan. This plan defines several things in your program except for which one of the following?

  1. How quality control will be included in the scope
  2. How changes may be allowed to enter the program scope
  3. How the program scope will be created for your program
  4. How the program scope will be controlled

Answer(s): A



Management is trying to determine which program to initiate. Each of the potential programs has the possibility of creating an income for each it is in existence. Management would like to consider the present value for each year a program creates a return on investment. What program selection method is management using in this instance?

  1. Present value
  2. Internal rate of return
  3. Time value of money
  4. Net present value

Answer(s): D






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