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Why is it necessary to include the project’s cost management plan in the preparation for the quantitat

You are preparing to complete the quantitative risk analysis process with your project team and
several subject matter experts. You gather the necessary inputs including the project’s cost
management plan. Why is it necessary to include the project’s cost management plan in the

preparation for the quantitative risk analysis process?

which type of performing is present in this scenario?

A program has a BAC of $1,750,000 and is expected to last two years. The program is currently at the third milestone which represents 35 percent of the program work. As it happens, this program has already spent $620,000 of the budget. Management is concerned that the program may also be slipping on schedule because the program should be forty percent complete by this time.
Based on this information which type of performing is present in this scenario?

To whom will you report to in this program?

You are the program manager for your organization. Your current program is to create a new recreational facility in your city. Franklin, the Chief Executive Officer, is concerned about meeting all of the financial and schedule requirements of the proposed program. Martina, the mayor of your town, wants to make certain the program meets all safety requirements and building codes. Your supervisor, Mary Ann, is the Program Director, and she is concerned about the start date of your program. Another stakeholder, Hal, is worried that your resources may be spread thin on the program as some of the resources are on multiple projects in your program. To whom will you report to in this program?

Which statement best describes quality assurance for a project within your program?

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 assurance for a project within your program?


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