2. Question 2 Cost overruns have a serious ripple effect that can impact beyond just the financial cost of the work at hand. Those costs can be all of the…
5. Question 5 Typical responsibilities of program management include all of the following (please select all that apply): 1 / 1 point Oversight of all aspects of project and construction management …
4. Question 4 Program management includes which of the following activities that contribute to the achievement of an organization’s vision, strategic objectives and desired results. 1 / 1 point Creation Planning…
1. Question 1 Program costs, notably for large capital programs, represent a significant commitment, often several billion dollars over one year. 1 / 1 point True False
7. Question 7 One of the most important program cost control measures is to ensure an accurate estimate across the life of the program. 1 / 1 point True False
3. Question 3 A program is a group of related projects managed in a coordinated way to obtain benefits and control not available from managing them individually. 1 / 1 point True…
4. Question 4 Which of the following is not an impact to Revenue? 1 / 1 point Payment cycle Earned Value Slippage Billings Retainage
7. Question 7 Operational Payment Cycle Drivers include which of the following 1 / 1 point Finance Review Schedule Review Accounting Processes Billing Review
3. Question 3 Reasons a contractor might not get paid include 1 / 1 point Client stops the project Equipment Malfunction General Contractors default Clients or General Contractors go…
6. Question 6 Retainage is the portion of the payment that the client pays up front to ensure work is completed 1 / 1 point True False
