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What should Julie and the program sponsor do next?

Julie is the program manager of the NHQ Program for her organization and she believes the program is now complete. Julie is closing her program, and she’s working with her program sponsor to review the program’s deliverables and benefits. Janet, the program sponsor, is very pleased with the program and agrees that the program has met the program scope. What should Julie and the program sponsor do next?

Which one of the following contract types is usually considered to be the most dangerous for the buyer?

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You are the program manager for your project. You are working with the project managers regarding the procurement processes for their projects. You have ruled out one particular contract type because it is considered too risky for the program. Which one of the following contract types is usually considered to be the most dangerous for the buyer?

What simulation technique are you using in this situation?

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You are the program manager for your organization and you are trying to determine the possible outcomes of a risk event. You’re analyzing the risk event’s worst case scenario, most likely scenario, and optimistic scenario to simulate the possible affects of the risk on the program’s cost, time, and scope ramifications. What simulation technique are you using in this situation?


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