You are the program manager for your organization. Management is considering a new program but they are worried about the program risks that may affect the program success. You know that there are three positive risks responses and three negative risk responses that each risk can have. Management asks you which risk response would be most appropriate for a large risk event if they wanted to hire a third-party to own the risk event for the program. What risk event is most appropriate?

• A.Transference
• B.Avoidance
• C.Mitigation
• D.Sharing

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Which of the following tools/techniques keep program managers and executives informed of the program's progress?

• A.Review meetings
• B.Expert judgment
• C.Capacity planning
• D.Component analysis

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Which of the following documents provides the mandate to execute the program within a certain timeline and also presents milestones for the delivery of products or incremental benefits?

• A.Program architecture baseline
• B.Program charter
• C.Program WBS
• D.Program risk register

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You are the program manage of HYH Program for your organization. Your program is to create a new sports arena for your city within 12 months. Your program has seven projects and you've worked with all of the project managers before. Even though you've worked with the project managers before you still need to define the authority of the project managers and their projects.
What document names the project manager for the project?

• A.Project scope statement
• B.Program human resource management plan
• C.Program management charter
• D.Project charter for each project

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A program is operationalizing benefits but the CEO is concerned that the operational value of the program appears to be declining and might decide to cancel it. The sponsor has asked the program manager to immediately address the concerns to prevent program cancellation. What should the program manager do?

• A.Develop a sustainment plan for benefits management beyond completion and delivery.
• B.Review the budget analysis with the key stakeholders and obtain approval.
• C.Engage with stakeholders to determine program expectation management.
• D.Update the benefits management plan to determine if the program aligns with goals.

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