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GCPM GIAC Certified Project Manager Certification Practice Test Questions and Answers

Questions 4

You work as a project manager for PassGuide Inc. You are working with your project team to plan the risk responses. Your project has a budget of $450,000 and is expected to last seven months. You have identified a risk event that has a probability of .60 and has a cost impact of $250,000 within the project. While creating a risk response for this event, what is the risk exposure of the event that must be considered for the cost of the risk response?

Options:

A.

Risk exposure is $250,000.

B.

Risk exposure is $150,000.

C.

Risk exposure is $350,000.

D.

Risk exposure is $50,000.

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Questions 5

You work as a project manager for PassGuide Inc. A new project has been proposed to change all keyboards of every computer in your organization. There are 1,600 keyboards that will need to be removed and replaced with wireless keyboards. What document will you first need to start this project?

Options:

A.

Project risk statement

B.

Contract for new keyboards

C.

Risk register

D.

Project charter

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Questions 6

You work as a project manager for PassGuide Inc. You are performing steps to carry out and finish the project according to the measures drawn through the planning stage. Which of the following stages of the project are you working on?

Options:

A.

Monitoring and controlling

B.

Closing

C.

Initiation

D.

Execution

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Questions 7

Which of the following processes formally permits the initiation of a project and marks the kickoff for all consequent development activities to begin?

Options:

A.

Develop project charter

B.

Develop project management plan

C.

Develop project scope statement

D.

Develop project team

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Questions 8

You work as a project manager for PassGuide Inc. You are working on several projects. Your projects vary in size and budget. You have to calculate the ratios of schedule and cost compared to plan, so that you can compare relative schedule and cost performance of each project. Which of the following components of EVM provide measures of schedule and cost performance that are not affected by the size of the project?

Options:

A.

BAC and EAC

B.

CPI and SPI

C.

CV and SV

D.

PV and EV

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Questions 9

You are using the PDCA model to determine, implement, monitor, control, and maintain Information Security Management System or ISMS. You have to evaluate the new processes and match up to the results against the probable results to determine the differences. In which of the following phases of the PDCA are you working?

Options:

A.

Do

B.

Act

C.

Plan

D.

Check

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Questions 10

You are the project manager of the NNN Project. Stakeholders in the two-year project have requested to send status reports to them via email every week. You have agreed and are sending the reports on each Thursday. After six months of the project, the stakeholders are pleased with the project progress and they would like you to reduce the status reports to every two weeks. What process will examine the change to this project process and implement it in the project?

Options:

A.

Project change control process

B.

Configuration management

C.

Perform integrated change control process

D.

Communications management

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Questions 11

Jane works as a project manager for PassGuide Inc. The project on which Jane is working will last for three years and includes 200 stakeholders. How often should the Identify Risks process take place?

Options:

A.

Throughout the project

B.

Only once, at the beginning of the project

C.

Throughout the executing processes

D.

Once per project phase

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Questions 12

You work as a project manager for BlueWell Inc. Which of the following techniques will you use to determine whether particular work can best be accomplished by the project team or must be purchased from the outside sources?

Options:

A.

Expert Judgment

B.

Make-or-Buy Analysis

C.

Contract Types

D.

Procurement Negotiations

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Questions 13

You work as a project manager for PassGuide Inc. Two of your team members are held in a conflict on a module of the project assigned to them. You have told them to work together to find a mutually beneficial solution. Which of the following conflict resolution techniques will your team members follow to achieve the solution?

Options:

A.

Compromise

B.

Collaboration

C.

Avoidance

D.

Competition

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Questions 14

You are the project manager of the NHT Project. This project has 12,345 office doors to install throughout a campus. Each of the doors costs the project $456 and requires special hardware to electronically lock and open the doors. You've gathered the project team before they begin the installation for a hands-on training. As a group you and the project team install 50 doors following a checklist of instructions so that every door will be installed exactly the same throughout the campus and with minimal waste. This is an example of what project execution technique?

Options:

A.

Preventive action

B.

Implemented corrective action

C.

Quality control

D.

Defect repair validation

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Questions 15

Which of the following are the types of casual/econometric forecasting methods?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

ARIMA

B.

Econometrics

C.

ARMA

D.

Scenario building

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Questions 16

You have been assigned as the Project Manager for a new project that involves deployment of a new software application to all your organization's users. The timeline is aggressive, and this software is being deployed on your company's architecture for the first time. In addition, your project steering committee has specified an allowable budget for your project. You plan to use an outside company for this deployment. Which of the following contract types is BEST suited for you to negotiate?

Options:

A.

Time and material

B.

Cost reimbursable

C.

Fixed price

D.

Lowest bid

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Questions 17

You work as a project manager for PassGuide Inc. You are in the project kickoff meeting. Which of the following documents are reviewed during the project kickoff meeting?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

Project budget

B.

Project charter

C.

Project scope

D.

Project WBS

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Questions 18

Marsha is the project manager of the NHQ Project. There's a risk that her project team has identified, which could cause the project to be late by more than a month. Marsha does not want this risk event to happen so she devises extra project activities to ensure that the risk event will not happen. The extra steps, however, will cost the project an additional $10,000. What type of risk response is this approach?

Options:

A.

Transference

B.

Mitigation

C.

Enhancing

D.

Exploiting

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Questions 19

You work as a project manager for PassGuide Inc. You want to share the organization strategic ideas, tasks, dependencies, and associations with team members. Which of the following will help you to achieve the above task?

Options:

A.

Stakeholders register

B.

Project charter

C.

Organizational chart

D.

Risk register

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Questions 20

Jane is the project manager of the GBB project for her company. In the current project a vendor has offered the project a ten percent discount based if they will order 100 units for the project. It is possible that the GBB Project may need the 100 units, but the cost of the units is not a top priority for the project. Jane documents the offer and tells the vendor that they will keep the offer in mind and continue with the project as planned. What risk response has been given in this project?

Options:

A.

Enhance

B.

Sharing

C.

Exploiting

D.

Acceptance

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Questions 21

Fill in the blank with the appropriate term.

______describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio

Options:

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Questions 22

Which of the following is a document that covers the work that will be done, how the work will be compensated, and any penalties for noncompliance?

Options:

A.

Contract

B.

Project description

C.

Cost baseline

D.

Control chart

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Questions 23

Which of the following theories focuses on increasing employee loyalty to the company by providing a job for life with a strong focus on the well-being of the employee, both on and off the job?

Options:

A.

McGregor's X and Y

B.

Expectancy theory

C.

Herzberg's theory

D.

Ouchi's Theory Z

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Questions 24

Which of the following models is used to determine, implement, monitor, control, and maintain Information Security Management System or ISMS?

Options:

A.

RACI model

B.

Continual Service Improvement Model

C.

Service Model

D.

PDCA model

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Questions 25

Which of the following documents refers specifically to the input output mechanism that serves the purpose of providing a narrative description of the sum of the scope of the project?

Options:

A.

Project charter

B.

Project scope statement

C.

Project WBS

D.

Project WBS dictionary

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Questions 26

You work as a project manager for PassGuide Inc. You have to calculate the detailed cost, which is rolled up (or summarized) to higher levels for total project estimates. Which of the following techniques will you use to accomplish the task?

Options:

A.

Analogous

B.

Three-point

C.

Bottom-up

D.

Parametric

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Questions 27

Which of the following ideas should be kept in mind for effective listening?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

Listen with the intent to respond.

B.

Listen to what the person is saying.

C.

Listen with an open mind.

D.

Listen with the intent to understand.

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Questions 28

Walter is the project manager of a large construction project. He'll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project. Some of the works in the project are very dangerous so Walter has implemented safety requirements for all of the vendors and his own project team. Stakeholders for the project have added new requirements, which have caused new risks in the project. A vendor has identified a new risk that could affect the project if it comes into fruition. Walter agrees with the vendor and has updated the risk register and created potential risk responses to mitigate the risk. What should Walter also update in this scenario considering the risk event?

Options:

A.

Project communications plan

B.

Project management plan

C.

Project contractual relationship with the vendor

D.

Project scope statement

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Questions 29

Which of the following documents has the specific purpose of conceding or providing formal authorization and/or agreement for the actual and real existence of the project?

Options:

A.

Project charter

B.

Project scope statement

C.

Project WBS

D.

Risk register

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Questions 30

Which of the following techniques is defined in the statement given below?

"It is a technique where a project team is placed in a single location where they can work in a face-to-face environment to enhance their ability to perform as a team."

Options:

A.

Recognition and rewards

B.

Team-building activities

C.

Training

D.

Co-location

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Questions 31

Which of the following activities are involved in the Team Development process?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

Managing opportunities and risks

B.

Enhancing the ability of stakeholders to contribute as individuals

C.

Enhancing the ability of the team to function as a team

D.

Motivating to resolve conflict on a long-term or short-term basis

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Questions 32

You work as a project manager for PassGuide Inc. Your project has a schedule variance of -$35,500 and a schedule performance index of 0.92. What do these values mean in regard to project performance?

Options:

A.

The project is performing well.

B.

The project has a planned value of $600,000.

C.

The project is likely to be late and over budget.

D.

The project is eight percent off schedule and has a considerable schedule variance.

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Questions 33

You work as a project manager for PassGuide Inc. You have to work on an agreement that creates and defines obligations between two or more parties. Which of the following types of agreement will you work on?

Options:

A.

Service level agreement

B.

NDA

C.

Statement of work

D.

Contract

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Questions 34

You work as a project manager for BlueWell Inc. You are currently working with the project stakeholders to identify risks in your project. You understand that the qualitative risk assessment and analysis can reflect the attitude of the project team and other stakeholders to risk. Effective assessment of risk requires management of the risk attitudes of the participants. What should you, the project manager, do with assessment of identified risks in consideration of the attitude and bias of the participants towards the project risk?

Options:

A.

Evaluate the bias towards the risk events and correct the assessment accordingly

B.

Evaluate the bias through SWOT for true analysis of the risk events

C.

Evaluate and document the bias towards the risk events

D.

Document the bias for the risk events and communicate the bias with management

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Questions 35

You are the project manager of the UTN Project and are working on the roles and responsibilities for your project. You'll need to define four aspects of the roles and responsibilities. All of the following must be defined except for which one?

Options:

A.

Management

B.

Competency

C.

Role

D.

Responsibilities

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Questions 36

In which of the following processes are the results of executing the quality activities recorded and monitored in order to assess performance and recommend necessary changes?

Options:

A.

Perform Quality Control

B.

Plan Quality

C.

Control Cost

D.

Perform Quality Assurance

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Questions 37

You work as a project manager for PassGuide Inc. Which of the following processes will you use to build up an estimate of the monetary resources required to complete project activities?

Options:

A.

Determine budget

B.

Control costs

C.

Estimate costs

D.

Plan quality

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Questions 38

Alan works as a project manager for PassGuide Inc. He is working on the office renovation project. The office has 200 doors. All doors have to be glassed and painted. Before each door can be painted, the glasses must be fitted in them at least 12 hours before. Alan has arranged these tasks with a finish to start relationship between glassing and painting. What else should Alan do to account for the twelve hours of maintenance time?

Options:

A.

Alan must add twelve hours of lead time to each of the 200 doors painting activity to account for the glassed maintenance time.

B.

Alan must schedule all 200 office doors to be glassed first and then schedule all 200 doors to be painted to ensure time for the maintenance.

C.

Alan must add twelve hours of lag time to each of the 200 doors painting activity to account for the glassed maintenance time.

D.

Alan must add an intermediary task with duration of twelve hours.

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Questions 39

You are the project manager for your organization. Your organization manages projects for other companies. You will be soon managing a project for the JUH Company. What document do you need first to help to develop the project charter?

Options:

A.

Business requirements

B.

Functional requirements

C.

Preliminary project scope statement

D.

Contract

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Questions 40

Which of the following statements about Work Breakdown Structure (WBS) are true?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

It defines a project and groups the project's discrete work elements in a way that helps to organize and define the total work scope of the project.

B.

It cannot be revised and updated as needed by the project manager.

C.

It provides a framework for detailed cost estimating and control along with providing guidance for schedule development and control.

D.

It is an important project management tool.

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Questions 41

You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?

Options:

A.

Cost controlling

B.

Cost baselining

C.

Cost budgeting

D.

Cost estimation

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Questions 42

You work as a project manager for PassGuide Inc. You want to communicate and solicit feedback from your employees to build future plans. Which of the following will help you to accomplish the above task?

Options:

A.

Organizational chart

B.

Stakeholders register

C.

Risk register

D.

Change register

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Questions 43

You are working with your project team to identify the project activities within your project. Which of the following is NOT a tool and technique that will be useful in defining the project activities?

Options:

A.

Decomposition

B.

Rolling wave plan

C.

Templates

D.

Precedence diagramming method

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Questions 44

You work as a project manager for PassGuide Inc. Your project has a budget of $545,000 and is expected to last 12 months. You have identified several risk events and created risk response plans for your project. In which of the following process groups will you be able to implement risk response plans?

Options:

A.

Planning

B.

Initiating

C.

Executing

D.

Monitoring and controlling

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Questions 45

You work as a project manager for PassGuide Inc. You are working on the control schedule process. Which of the following techniques will you use to find ways to bring project activities that are behind into alignment with the plan?

Options:

A.

Resource leveling

B.

What-if scenario analysis

C.

Adjusting leads and lags

D.

Schedule compression

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Questions 46

Which of the following is built by aggregating the costs of the individual work elements and then joining them at time intervals where meaningful actual cost information will be available?

Options:

A.

Cost baseline

B.

Cost estimation

C.

Cost controlling

D.

Cost budgeting

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Questions 47

How many stages are there in the project life cycle?

Options:

A.

5

B.

6

C.

4

D.

3

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Questions 48

Which of the following documents refers specifically to the input output mechanism that serves the purpose of providing a narrative description of the sum of the scope of the project?

Options:

A.

Project scope statement

B.

Project WBS

C.

Project WBS dictionary

D.

Project charter

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Questions 49

Mark is the project manager of the BFL project for his organization. He and the project team are creating a probability and impact matrix using RAG rating. There is some confusion and disagreement among the project team as to how a certain risk is important and priority for attention should be managed. Where can Mark determine the priority of a risk given its probability and impact?

Options:

A.

Risk management plan

B.

Risk response plan

C.

Project sponsor

D.

Look-up table

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Questions 50

Which of the following techniques is used to identify risks, ideas, or solutions to issues by using a group?

Options:

A.

Brainstorming

B.

Checklist analysis

C.

Delphi technique

D.

Root cause analysis

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Questions 51

Which one of the following best describes a quality metric?

Options:

A.

An operational definition in specific terms what something is and how the quality control processes measures it.

B.

A value associated with a project process that may be measured in the cost of achieving the process results.

C.

An operational definition in specific terms what something is and how the quality assurance processes measures it.

D.

The ability of an entity to satisfy stated and implied needs.

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Questions 52

Don has hired Jerry, a contractor, to complete a portion of his project work. The contract used was a cost-plus contract. If Don was to perform a risk audit, who would carry the risk in this scenario?

Options:

A.

Jerry would because he is the hired contractor.

B.

Don would because he is the project manager.

C.

Don would because of the contract type.

D.

Jerry would because of the contract type.

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Questions 53

Which of the following quality costs refers to the cost of all tasks particularly designed to prevent poor quality in products or services?

Options:

A.

Prevention cost

B.

Appraisal cost

C.

External failure cost

D.

Internal failure cost

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Questions 54

Which of the following processes documents risk characteristics?

Options:

A.

Manage risk

B.

Monitor risk

C.

Assess risk

D.

Identify risk

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Questions 55

You are the project manager of TRT project. During execution phase of your project, Rick, a team member, complains that other team members are isolating him and this isolation is bothering him.

Which of the following is not a recommended step in order to resolve the issue?

Options:

A.

Apply team building measures to improve the team's effectiveness.

B.

Get more feed back from Rick.

C.

Get feedback on Rick from other team members.

D.

Shift Rick to another project.

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Questions 56

You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?

Options:

A.

Cost baselining

B.

Cost controlling

C.

Cost estimation

D.

Cost budgeting

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Questions 57

Which of the following are inputs of the Control Scope process?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

Change request

B.

Requirements documentation

C.

Project management plan

D.

Work performance information

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Questions 58

Which of the following are outputs of the Direct and Manage Project Execution process?

Each correct answer represents a complete solution. Choose all that apply.

Options:

A.

Project staff assignments

B.

Deliverables

C.

Change requests

D.

Work performance information

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Questions 59

Fill in the blank with the appropriate term.

______is an estimating technique that uses parameters or project characteristics to forecast project costs.

Options:

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Exam Code: GCPM
Exam Name: GIAC Certified Project Manager Certification Practice Test
Last Update: Dec 4, 2024
Questions: 397
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