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1. A global financial system is being delivered by the program learn to allow access from anywhere in the world Following a new cross-border regulation applying to privacy of local banking data accessed from abroad, the CEO of the bank requests that an external audit be conducted lo validate compliance with this new regulation. This event, which was not anticipated al this phase of the program, will generate additional work tor the program learn. This effort Is not included in the current program roadmap and benefits delivery plan
What immediate actions should the program manager take?
A) Accept the risk of the audit and continue the program as planned
B) Negotiate with the CEO in an attempt to avoid the audit.
C) Assess the impact of the audit and potential remediation on the program
D) De-scope the capabilities of the system to not allow access from abroad
2. Which of the following options BEST describes Request for Quote (RFQ)?
A) Used to obtain a formal response to the contract documents
B) Usually provides more detail involved with selecting the material, equipment, and components required during implementation (e.g. make, model, performance specifications)
C) An invitation for the design professionals (e g, architect, engineer, consultant) or contractors to submit a proposal for services
D) Can be submitted by the contractor in response to a field order or as an uninitiated request for a change in scope
3. What actions are taken in the process of developing and maintaining a program risk register?
A) Assign ownership of risks with appropriate responsibilities, document agreed-upon response strategies and provide the foundation for the risk management plan
B) Assign ownership of risks with appropriate responsibilities, document agreed-upon response strategies, and proactively manage program issues
C) Assign ownership of risks with appropriate responsibilities, document agreed-upon response strategies and identify the root cause of potential risks
D) Assign ownership of risks with appropriate responsibilities, document agreed-upon response strategies, and identify residual risks.
4. A program manager initiates a developmental program. Significant resources and funding are required (or early activities until the program cost and budget estimates are complete
What should the program manager do to understand the financial environment?
A) Establish program financial framework
B) Establish intermediate budget based on historical information
C) Obtain intermediate funding from the executive sponsor
D) Map costs to the expected benefits realization
5. i program with six projects has been running for three years. The company's procurement and contracts department has compiled a qualified seller list. The program manager determines that one of the projects must be outsourced he program manager will use the qualified seller list to do which of the following?
A) Issue requests for proposals
B) Prepare the program procurement management plan
C) Perform the required program budget updates
D) Plan a proposal evaluation system
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: A | Question # 5 Answer: A |
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