CPL CPL Budget & Resource Management

Question 1

Which budgeting approach in program management starts from zero each period, requiring all expenses to be justified rather than carrying forward prior allocations?

Accepted Answer

Zero-based budgeting

Answer

Zero-based budgeting requires every line item to be justified from scratch each budget cycle, preventing automatic carryover of prior-period spending.

Question 2

A program manager notices that the cost performance index (CPI) for a major project component is 0.82. What does this indicate?

Accepted Answer

The project is over budget

Answer

A CPI below 1.0 means the program is spending more than planned for the work completed, indicating an over-budget condition.

Question 3

Resource leveling in program management is primarily used to:

Accepted Answer

Resolve resource over-allocation by adjusting the schedule

Answer

Resource leveling adjusts start and finish dates to resolve resource conflicts and over-allocation, often extending the overall schedule.

Question 4

In a program, which document formally authorizes the program manager to apply organizational resources to program activities?

Accepted Answer

The program charter

Answer

The program charter formally authorizes the program and grants the program manager authority to apply resources to achieve program objectives.

Question 5

Which technique estimates future program costs by using a statistical relationship between historical data and other variables?

Accepted Answer

Parametric estimating

Answer

Parametric estimating uses statistical relationships (e.g., cost per unit) derived from historical data to calculate cost or duration estimates.

(CPL) Certified Program Leader Practice Test

(CPL) Certified Program Leader Practice Test

CPL CPL Budget & Resource Management