PMT 3600V PROGRAM MANAGEMENT
TOOLS COMPREHENSIVE EXAM
QUESTIONS AND ANSWERS WITH
VERIFIED SOLUTIONS 2026/2027
UPDATE. JUST RELEASED
1. A program has a BCWP of $450,000, an ACWP of $500,000, and a BCWS of $400,000. What
is the Cost Performance Index (CPI) and what does it indicate?
A. 1.12; the program is under budget
B. 0.90; the program is over budget
C. 0.80; the program is behind schedule
D. 1.25; the program is ahead of schedule
Answer: B
Conceptual Explanation: CPI = BCWP / ACWP = 450,,000 = 0.90. A CPI less than
1.0 indicates that the program is over budget.
2. Which Earned Value Management (EVM) metric is used to determine the efficiency
required on the remaining work to meet the Budget at Completion (BAC)?
A. SPI
B. CPI
,C. TCPI (BAC)
D. EAC
Answer: C
Conceptual Explanation: The To Complete Performance Index (TCPI) based on BAC
measures the efficiency needed for the remaining work to finish exactly at the original
budget.
3. In the context of the Defense Acquisition System, which appropriation category is typically
available for obligation for two years?
A. Operations and Maintenance (O&M)
B. Military Construction (MILCON)
C. Procurement
D. Research, Development, Test, and Evaluation (RDT&E)
Answer: D
Conceptual Explanation: RDT&E funds are generally available for obligation for two
years, whereas O&M is one year and Procurement is three years.
4. According to MIL-STD-881E, what is the primary purpose of the Work Breakdown Structure
(WBS)?
A. To define the organizational structure of the program office
B. To list all personnel tasks in chronological order
, C. To provide a framework for program and technical planning, cost estimating, and
resource allocation
D. To serve as a marketing tool for the program’s success
Answer: C
Conceptual Explanation: The WBS provides the common framework for cost, schedule,
and technical planning, tracking, and reporting.
5. If the Schedule Variance (SV) is -$20,000 and the BCWP is $180,000, what is the BCWS?
A. $160,000
B. $200,000
C. $220,000
D. $180,000
Answer: B
Conceptual Explanation: SV = BCWP - BCWS. Therefore, -20,000 = 180,000 - BCWS.
Solving for BCWS gives 200,000.
6. Which risk handling strategy involves shifting the impact of a risk and the ownership of the
response to a third party?
A. Risk Transfer
B. Risk Mitigation
C. Risk Avoidance
TOOLS COMPREHENSIVE EXAM
QUESTIONS AND ANSWERS WITH
VERIFIED SOLUTIONS 2026/2027
UPDATE. JUST RELEASED
1. A program has a BCWP of $450,000, an ACWP of $500,000, and a BCWS of $400,000. What
is the Cost Performance Index (CPI) and what does it indicate?
A. 1.12; the program is under budget
B. 0.90; the program is over budget
C. 0.80; the program is behind schedule
D. 1.25; the program is ahead of schedule
Answer: B
Conceptual Explanation: CPI = BCWP / ACWP = 450,,000 = 0.90. A CPI less than
1.0 indicates that the program is over budget.
2. Which Earned Value Management (EVM) metric is used to determine the efficiency
required on the remaining work to meet the Budget at Completion (BAC)?
A. SPI
B. CPI
,C. TCPI (BAC)
D. EAC
Answer: C
Conceptual Explanation: The To Complete Performance Index (TCPI) based on BAC
measures the efficiency needed for the remaining work to finish exactly at the original
budget.
3. In the context of the Defense Acquisition System, which appropriation category is typically
available for obligation for two years?
A. Operations and Maintenance (O&M)
B. Military Construction (MILCON)
C. Procurement
D. Research, Development, Test, and Evaluation (RDT&E)
Answer: D
Conceptual Explanation: RDT&E funds are generally available for obligation for two
years, whereas O&M is one year and Procurement is three years.
4. According to MIL-STD-881E, what is the primary purpose of the Work Breakdown Structure
(WBS)?
A. To define the organizational structure of the program office
B. To list all personnel tasks in chronological order
, C. To provide a framework for program and technical planning, cost estimating, and
resource allocation
D. To serve as a marketing tool for the program’s success
Answer: C
Conceptual Explanation: The WBS provides the common framework for cost, schedule,
and technical planning, tracking, and reporting.
5. If the Schedule Variance (SV) is -$20,000 and the BCWP is $180,000, what is the BCWS?
A. $160,000
B. $200,000
C. $220,000
D. $180,000
Answer: B
Conceptual Explanation: SV = BCWP - BCWS. Therefore, -20,000 = 180,000 - BCWS.
Solving for BCWS gives 200,000.
6. Which risk handling strategy involves shifting the impact of a risk and the ownership of the
response to a third party?
A. Risk Transfer
B. Risk Mitigation
C. Risk Avoidance