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    NEW QUESTION 52
    A company is rolling out an innovative program that includes new processes intended to define how the company will manage future programs. While program execution is going well, the program sponsor is concerned that the knowledge acquired needs to be reused for future programs.
    What should the program manager do to ensure that the knowledge acquired is captured efficiently?

    • A. Create training materials summarizing team experiences and lessons learned
    • B. Record lessons learned in the program management plan
    • C. Organize review sessions after each program stage to document successes, issues, and lessons learned
    • D. Direct the project managers to create event logs to document their experiences and lessons learned

    Answer: B

     

    NEW QUESTION 53
    Which of the following risk response planning techniques is associated with threats and seeks to reduce the probability of occurrence, or impact of risk below an acceptable threshold?

    • A. Risk avoidance
    • B. Risk mitigation
    • C. Risk transference
    • D. Risk acceptance

    Answer: B

     

    NEW QUESTION 54
    Part of your job as the program manager is to coach the project managers on their duties and goals. One of the project managers, Holly, is having trouble discerning the difference between quality assurance and quality control. She understands that she needs both to help you reach the program goals. Which statement best describes quality control for a project within your program?

    • A. Quality control is an inspection-driven process to prove the existence of the requirements.
    • B. Quality control is an inspection-driven process to keep mistakes out of the customers' hands.
    • C. Quality control is a management-driven effort to plan the work properly so the work is done according to plan.
    • D. Quality control is a management-driven policy to do the work correctly the first time.

    Answer: B

    Explanation:
    Section: Volume B

     

    NEW QUESTION 55
    What schedule analysis simulation tool allows you, the project manager, to review possible combinations of events such as optimistic, most likely and pessimistic outcomes for your project?

    • A. gert
    • B. Monte Carlo
    • C. pert
    • D. pmis

    Answer: B

     

    NEW QUESTION 56
    You are a program manager for your organization. You have proposed a program to the management that will last four years and will cost $35 million to create. Management has asked to see the program charter and the proposed costs and benefits of the program.
    Management agrees to your program charter and proposed to fund the program in increments at the completion of each milestone. What type of funding does management proposed for this program?

    • A. Milestone approval
    • B. Tentative
    • C. Phase gate estimating
    • D. Step funding

    Answer: D

     

    NEW QUESTION 57
    ......