Program Benefits Management
Quiz
•
Professional Development
•
1st Grade
•
Hard
Purwedi Darminto
FREE Resource
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30 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following best describes the role of the program manager in benefits management?
Create benefits, transition, and sustain the benefits for the organization
Identify benefits, plan for benefits delivery, ensure benefits are realized and transitioned
Create the benefits, measure the benefits and sustain the benefits
Create the benefits register, benefits management plan, and the benefits transition plan
Answer explanation
The program manager does not himself or herself create the benefits. The program manager identifies benefits, plans for them, and ensures that the Program takes steps to realize, monitor, and transition the benefits. See section 4 of the standard for program management, 4th edition.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
During which sub-phase of the program lifecycle would you map benefits to the program management plan?
Program Formulation
Program Definition
Program Planning
Program Delivery
Answer explanation
Refer to Diagram 4-1 on Page # 46, SPM V.4 for the answer to this question
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
A program manager is concerned about losing key team members to turnover. What is the best initial step to mitigate this risk?
Offer immediate salary increases to all team members
Ignore the turnover risk and focus on program tasks
Develop a retention plan that includes professional development opportunities
Replace team members as they leave without further action
Answer explanation
Correct Answer: C. Develop a retention plan that includes professional development opportunities
Explanation: A retention plan with professional development can help keep key team members engaged and reduce turnover.
Page Reference: See SPM 5, page 23, for details on team retention and development strategies
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In which document, you would define the metrics (including key performance indicators) and procedures to measure benefits?
Benefits Register
Benefits Management Plan
Roadmap
Transition Plan
Answer explanation
Detail procedure to measure benefits will be documented in Plan. Refer SPM V.4, Page # 50. Third bullet point from the top. Remember, whenever you find the keyword in question, such as how to, process, procedure, Etc. You should select Plan (e.g., any subsidiary plan such as Benefits Management Plan, Stakeholders engagement plan, Etc.), not document such as Benefits Register, Stakeholders Registers, Etc. Because these document does not contain detail steps, processes, procedure, how to part of the Program.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
There are 10 component projects within a program. The program manager defines 3 priority projects which need to be initiated on a near-term basis. It occurs during which stage?
Benefits identification
Benefits analysis & planning
Benefits analysis
Benefits planning
Answer explanation
Defining and prioritizing program components and their interdependencies-related activities is performed during Benefits Analysis and Planning phase.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The program manager must ensure effective collaboration across different functional units in a highly complex program. What is the best approach to achieve this?
Create cross-functional teams with representatives from each unit
Implement a rigid hierarchy to streamline decision-making
Limit interactions to formal meetings only
Focus on individual performance rather than team efforts
Answer explanation
Correct Answer: A. Create cross-functional teams with representatives from each unit.
Explanation: Cross-functional teams bring together diverse skills and perspectives, enhancing collaboration and problem-solving.
Page Reference: Refer to SPM 5, page 131, for information on creating cross-functional teams.
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The benefits management plan should contain all the below details except?
Provide a process for managing the overall benefits management effort
Define how will transition the resulting benefits and capabilities into an operational state to achieve benefits
Link components output to the planned program outcomes
Evaluation of Program and Program component performance against applicable acceptance criteria, including key performance indicators
Answer explanation
Refer to SPM Version 4.0, Page # 50, following seven bullet points: the content of Benefits Management Plan. 1. Define each benefit and associated assumptions and determine how each benefit will be achieved; 2. Link components output to the planned program outcomes; 3. Define the metrics (including key performance indicators) and procedures to measure benefits; 4. Define roles and responsibilities required to manage the benefits; 5. Define how the resulting benefits and capabilities will be transitioned into an operational state to achieve benefits; 6. Define how the resulting capabilities will be transitioned to the individuals, groups, or organizations responsible for sustaining the benefits; and 7. Provide a process for managing the overall benefits management effort. Option A is point # 7; Option B is point # 5, and option C is point # 2. The only option which is not part of this content of the benefits management plan is Option D. Option D is part of the transition plan, and please refer content of the transition plan at SPM version 4.0 on Page # 54, first bullet point.
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