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?
Tentative
Step funding
Milestone approval
Phase gate estimating
Correct answer: B
Question 2
You are program manager for the HYH Program. Your program governance is requiring you to use earned value management to predict how closely your program is tracking to the cost and schedule baselines and to predict overall program performance. Which earned value management formula can you use to predict how much more will need to be invested in the program based on current program performance?
EV/AC
EV/PV
BAC/CPI
EAC-AC
Correct answer: D
Explanation:
Question 3
You are the program manager for your organization. When a project in your program is completed, who will need to sign the certificate of completion?