An organization is considering a new program. The business analyst believes that the benefits to the organization would equate to $1,550,000 in five years. If the rate of return for this program is six percent what is the maximum amount the organization should invest in this program?
A$1,158,250
BIt depends on the internal decision making process.
A software development program will launch iterative versions of new software called Alpha over two years. Following that, a program will be released to the program team and developers to create new software called Beta. While the program manager prepares the program closure plan for Alpha, the program sponsor expresses concern about its support after program closure.
What should the program manager do as part of Alpha's program closure plan?
AExecute the transition plan, and include knowledge transfer to transition Alpha support to operations.
BKeep the Alpha program open until support is no longer required, then execute program closure.
CAdjust Alpha's exit criteria to ensure its support is included in the Beta program.
DDocument the program closure procedure to ensure that resources are released from Alpha to develop Beta.
A program will generate revenue for several years after it ends. The program manager and the operations manager, who are accountable for managing the benefits after program closure, are in disagreement. The operations manager is concerned that information necessary for managing the processes and benefits after program closure will be unavailable. The program manager expresses that managing the benefits after program closure is not within the scope and must be managed through the scope management plan.
What should the program sponsor do?
ADirect the operations manager to allocate a resource to the program to ensure that knowledge transfer and process development occur before closure.
BDirect the operations manager to allocate the necessary resources to establish proper plans for accepting the benefits and processes after program closure.
CDirect the program manager to develop the necessary plans to ensure benefits can be transitioned and sustained after program closure.
DDirect the program manager to assess the impact of this change and follow the established change management process.
A program completes all component projects and all identified benefits are being delivered. However, the program sponsor is concerned that long-term benefits may not meet organizational performance parameters.
To ensure the realization of long-term benefits, what should the program manager use?
ABenefits register
BBenefits sustainment plan
CBenefits management plan
DBenefits transition plan
The new performance financial system is delivered to all business entities on time following a one-year implementation program. After six months of utilization the global finance department, one of the main beneficiaries of the program, determines that quality and level of granularity of the financial data is not sufficient for them to analyze the key performance indicators (KPIs) defined. Additionally, the global finance department is missing the analytical tools required to understand the causes of discrepancies.
To address these shortcomings, the global finance department submits a request for a follow-up initiative through the process defined by which of the following documents?
ABenefits sustainment plan
BBenefits governance plan
CBenefits realization report
DBenefits transition plan
Question 7
Governance
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Question 8
Benefits Alignment
Question 9
Program Life Cycle Management
Question 10
Governance
Question 11
Program Life Cycle Management
Question 12
Strategic Program Alignment
Question 13
Program Life Cycle Management
Question 14
Program Life Cycle Management
Question 15
Governance
Question 16
Strategic Program Alignment
Question 17
Governance
Question 18
Governance
Question 19
Program Life Cycle Management
Question 20
Benefits Alignment
Question 21
Governance
Question 22
Governance
Question 23
Program Life Cycle Management
Question 24
Governance
Question 25
Stakeholder Engagement
Question 26
Governance
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A large international manufacturing company is centralizing its IT which is currently spread over 16 countries. The transition means physically regrouping the infrastructure and aligning processes and organizations. The high-level scope of this transformation encompasses three main areas:
The technology area--assessing which technology/tooling should be retained for the target data center.
The policies and procedure area--aimed at establishing a common set of processes supporting the new way of delivering services.
The HR area--assuring the new organization best fits the diversity of the countries and functional domains, while offering equivalent compensations for comparable functions.
You have selected your team and you are preparing the business case to support 1) the team selections you made and 2) your recommendation to proceed to the program's next phase.
Which document should be present in your business case?
AA detailed plan showing dependencies among the constituent projects
BA comprehensive analysis of the different compensation packages offered in the 16 countries
CAn inventory detailing all physical and logical components in place and the employees in scope
DA cost/benefit analysis of the different scenarios, presenting their respective contributions
A program manager is working on benefits. The program team created and updated a benefits register earlier in the program.
The benefits register should include which of the following?
AList of planned benefits, earned value (EV), and responsible person
BList of planned benefits, measurement method, and component mapping
CList of planned benefits, benefit creator, and realization date
DList of planned benefits, stakeholders, and risk level
A program in a matrix organization includes subprojects for specific required technologies. The program manager assembles a team of project managers to lead each of the component projects. Each component project requires unique technical skills and expertise. To ensure that there are no budget overruns, the program manager leverages the existing time reporting process.
What is a critical component of the Program Schedule Management Process?
AA list of all the projects that team members are working on
BActivity or component start and finish dates, as well as intermediate milestones
CTime management training programs for all team members, as well as the project managers
DSkill levels of the various project team members, as well as the project managers
In the last year, all program phase gate reviews received excellent feedback and exceeded stakeholder expectations. Recently, the customer decides that there is no need to continue phase gate reviews.
What should the program manager do next?
AAsk the stakeholders what they want and proceed with their recommendations.
BAgree with the customer and initiate change control procedures.
CContinue periodic gate reviews to maintain program effectiveness for benefits realization.
DReplace program reviews with periodic communications of the program's status.
A program manager joins a team to fix a troubled enterprise-wide customer relationship management (CRM) system. Analysis indicates that duplicate customer information data is resulting in redundant client information. The program manager accesses the knowledge repository for similar programs to gather historical data and trends. A corrective action is identified, and a change in process is implemented to regain data integrity.
What should the program manager do with the knowledge gained from this activity?
AInclude the lessons learned in the weekly program report
BUpdate the communications management plan
CUpdate the lessons learned database
DCommunicate the corrective action to the program sponsor
The program manager takes over a poorly performing program. After a review of the documentation and interviews with the program sponsor, stakeholders, and program constituents, the program manager realizes that the program is not aligned with the corporate/organizational goals. The program manager must realign the constituent projects and components to meet the program's needs.
What action should the program manager take to realign the program?
AAssess the program schedule and determine how to maintain all projects and components within the program.
BDiscuss the situation with the program stakeholders and let them decide which projects to accelerate and which to close.
CDiscuss the situation with the program sponsor(s) and let the sponsor(s) make the decision as to which projects to accelerate and which to close.
DDevelop a change request to present to the governance board, accelerate some projects, close some projects, and reassign some resources.
A municipal agency manages a city's water and wastewater infrastructure. Its six-year capital improvement program (CIP) is approximately US$4 billion, and is used for such things as improving aging infrastructure, addressing regulatory requirements, and upgrading facilities. The mayor and key stakeholders are concerned because of yearly rate increases for residents. After receiving proposals from program managers for this key program, which is half of the current CIP, a program management team is hired and receives an approved business case.
What should the project manager do next?
ADiscuss the program change and its challenges.
BCreate a program management plan.
CConduct a program performance analysis.
DDevelop a program charter.
After meeting with the program sponsor and stakeholders, the program manager is asked by the sponsor to accelerate the program to replace two legacy financial systems. The legacy systems are at risk of premature failure.
What should the program manager do next?
AAccelerate the projects and components of the program that replace the two legacy systems.
BAnalyze the impact of accelerating the program, and present the pros and cons to the program sponsor.
CIdentify the parts of the program that need to be accelerated and, if it is cost effective and increases benefits realization, implement the change.
DCreate several "what-if" scenarios of alternatives to present to the program sponsor.
The program manager has a global program with five component projects. The program sponsor wants the management plans, processes/procedures, and technology to be uniform across the program. The requirements will create issues and result in increased costs The program sponsor is new and has imposed these new requirements six months into a three-year program.
What should the program manager do next?
AAccept what the program sponsor requires and implement the changes.
BDiscuss the proposed changes with the stakeholders and project managers, and give the program sponsor the best option.
CRespond to the program sponsor if the program sponsor asks about it a second time.
DPresent the risks and benefits of the changes to the program sponsor.
The program manager leads a medical billing system integration program for company A, a health services provider. Company A acquires smaller company X, which delivers health services strategically aligned with company A.
Company X uses a different billing approach than company A. Company A's chief information officer (CIO) seeks counsel on which solution would be the better option moving forward, requesting the program manager's assistance.
How should the program manager respond to the CIO's request?
ADocument the resources required to implement the recommended solution and demonstrate how this solution will save the company money.
BFind similar examples of the preferred approach and ask the project teams to document why the preferred approach is better
CGather the costs and benefits associated with each option and recommend the appropriate solution defining why the selected approach is better.
DConduct a thorough stakeholder analysis and develop a program management plan to implement the appropriate solution for both companies.
A program stakeholder is concerned about information they receive about a project. Who is responsible for reviewing the communications management plan to assure adequate information is provided to the stakeholder?
AProgram sponsor
BCommunications manager
CProject manager
DProgram manager
An experienced program manager is leading a development program in a new company. While reviewing company procedures for formulating a program, they discover there is no company practice for managing key suppliers.
What should the program manager do first to obtain program approval?
APrepare the stakeholder engagement plan for approval by the program steering committee.
BAnalyze the business environment to identify key stakeholders, and then perform a stakeholder analysis.
CConduct a brainstorming session with the program team to identify and analyze external stakeholders.
DCreate a project-level stakeholder analysis, and then perform a high-level program stakeholder analysis.
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?
ARecord lessons learned in the program management plan
BCreate training materials summarizing team experiences and lessons learned
CDirect the project managers to create event logs to document their experiences and lessons learned
DOrganize review sessions after each program stage to document successes, issues, and lessons learned
A company hires a program manager to create a healthcare management system. After five months, the program manager identifies an opportunity to integrate an online medical solution, which could provide additional value to the stakeholders. The program sponsor approves the change in scope.
The program manager should ensure that the results obtained by this opportunity are working in tandem with which of the following?
ACritical success factors
BKey performance indicators
CBenefits management plan
DStakeholder engagement plan
A new component project is approved by the program governance board. The funding for this component project will be provided by an organization different from the organization funding the program.
Would this be an acceptable funding arrangement?
AYes, only component projects may have different funding sources.
BYes, the program and its components may have different funding sources.
CNo, the program and the project must be funded by the same organization.
DNo, component projects must be funded by program funds.
A large infrastructure development program involves three road construction projects, two sewage line construction projects, and one project to lay underground electric cables. During a program meeting, the project manager of a road construction project communicates that a project risk related to the interdependency with a sewage line project has crossed its risk threshold.
What should the program manager do next?
AModify the program schedule to accommodate the risk.
BIncorporate the project risk into the program risk response strategy.
CInstruct the project manager to escalate the risk to the program sponsor.
DAsk the road construction project manager to manage the risk at the project level.
What does CPI value less than 1.0 indicates?
ACost overrun for work completed
BScheduled performance is great
CCost underrun of performance to date
DCost for completed work is as per estimate
Who owns the program?
AProgram manager
BProject manager
CProgram director
DProgram sponsor
Holly is the program manager for her program. She is creating with her team a plan that will address how the program team will achieve program goals based on who the program will need to interact with in the program. This plan should define all of the people, groups, and other entities the program needs to interact with in order to move the program forward. On what plan is Holly working?
AStakeholder management plan
BCommunications management plan
CHuman resource management plan
DInterface management plan
You are the program manager for a new software development program. One of the developers has been adding extra fields for information in the software that was not part of the original program scope. While the fields are a good idea, the customer did not ask for the information and some time has been wasted on this work that was not in the program scope. This is an example of which one of the following terms?