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GCPM GIAC Certified Project Manager Certification Practice Test Question and Answers

Question # 4

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

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

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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Question # 5

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?

A.

Service level agreement

B.

NDA

C.

Statement of work

D.

Contract

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Question # 6

Which of the following is described in the statement below?

"It is an approved time-phased budget that monitors and measures cost performance throughout the project life cycle."

A.

Cost baseline

B.

Scope baseline

C.

Cost budgeting

D.

Cost estimation

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Question # 7

The figure given below demonstrates the communication model for a project. What role does the component D play in the communication model?

A.

Transporter

B.

Sender

C.

Medium

D.

Encoder

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Question # 8

Which of the following is described in the statement below?

"It is a group of sequential and related project phases that are defined by the organization and control needs of the management or organizations concerned with the project, the nature of the project itself, and the application area."

A.

Project life cycle

B.

Verify scope

C.

Activity list

D.

Project charter

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Question # 9

What cost estimating approach uses the work breakdown structure to create a cost estimate?

A.

Analogous

B.

Definitive

C.

Parametric

D.

Top down

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Question # 10

You work as a project manager for PassGuide Inc. The company has recently opened a new department in its main building. You need information of all the vendors and hardware equipment being used in the different areas of the newly built department. Which of the following charts will you use to get the required information?

A.

PBS

B.

WBS

C.

OBS

D.

RBS

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Question # 11

You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?

A.

Mitigation

B.

Acceptance

C.

Transference

D.

Avoidance

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Question # 12

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?

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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Question # 13

You are the project manager for your organization and would like to use a time and materials contract for a small project. What must a time and materials contract have to safeguard the project?

A.

Terms for payment

B.

A not-to-exceed clause

C.

An approved vendor by a leading trade organization

D.

Approval from the project sponsor

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Question # 14

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

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

A.

Project management plan

B.

Work performance information

C.

Change request

D.

Requirements documentation

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Question # 15

Which of the following contract types is described in the statement below?

"This contract type provides no incentive for the contractor to control costs and hence is rarely utilized."

A.

Cost Plus Fixed Fee

B.

Cost Plus Award Fee

C.

Cost Plus Percentage of Cost

D.

Cost Plus Incentive Fee

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Question # 16

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?

A.

Project change control process

B.

Configuration management

C.

Perform integrated change control process

D.

Communications management

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Question # 17

You work as a project manager for PassGuide Inc. Which of the following processes will you use to formalize the acceptance of the completed project deliverables?

A.

Verify scope

B.

Report performance

C.

Expert judgment

D.

Perform quality control

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Question # 18

The Project Communications Management knowledge area focuses on which of the following processes?

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

A.

Identify Stakeholders

B.

Distribute Information

C.

Create Work Breakdown Structure (WBS)

D.

Report Performance

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Question # 19

You work as a project manager for PassGuide Inc. You are working on a project that has a budget of $805,000 and you have completed 45 percent of the project work. Due to some errors, however, you have actually spent $430,000 of the budget. Management wants to know the project's cost performance index. Which of the following values will you report?

A.

0.87

B.

0.80

C.

0.84

D.

0.86

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Question # 20

Dawn is the project manager of the HQQ Project and she believes the project work is done. She has prepared the final project report, which includes information on the financial performance, schedule performance, and project team performance in the project. All of the following documents are used to measure the completeness of the project scope except for which one?

A.

Project scope statement

B.

Project charter

C.

Project WBS Dictionary

D.

Project WBS

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Question # 21

You work as a project manager for PassGuide Inc. Which of the following stages of the process group, if not performed well by you, is unlikely that the project will be successful in meeting the business needs?

A.

Monitoring and controlling

B.

Initiation

C.

Executing

D.

Planning and design

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Question # 22

You work as a project manager for PassGuide Inc. You report the project details directly to the vice president and the administrator of your organization. In which of the following types of organization structures are you working?

A.

Functional

B.

Matrix

C.

Jury

D.

Projectized

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Question # 23

Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end. Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?

A.

Earned value management method

B.

Time series methods

C.

Causal/econometric methods

D.

Judgmental methods

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Question # 24

Which of the following components of EVA is described in the statement below?

"It is a measure of how much of the project value has been earned so far through completed work, that is, the budgeted cost of the work that has been performed through the project status date."

A.

PV

B.

AC

C.

SV

D.

EV

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Question # 25

Which of the following elements facilitates people to know large amounts of information as a picture rather than a table of names and numbers?

A.

Risk register

B.

Stakeholder register

C.

Project charter

D.

Organization chart

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Question # 26

Which of the following is described in the statement below?

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

A.

WBS

B.

RBS

C.

Gantt chart

D.

Critical path

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Question # 27

You work as a project manager for PassGuide Inc. Which of the following risk response planning techniques will you use to shift the impact of a threat to a third party, together with the ownership of the response?

A.

Risk acceptance

B.

Risk transference

C.

Risk avoidance

D.

Risk mitigation

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Question # 28

Which of the following are inputs of the perform quality assurance process?

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

A.

Change requests

B.

Quality metrics

C.

Work performance information

D.

Project management plan

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Question # 29

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

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

A.

ARIMA

B.

Econometrics

C.

ARMA

D.

Scenario building

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Question # 30

You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?

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Question # 31

Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

A.

Determination of the true cost of the risk event

B.

Probability and Impact Matrix

C.

Root cause analysis

D.

Interviews or meetings

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Question # 32

You are using the PDCA model to determine, implement, monitor, control, and maintain Information Security Management System or ISMS. You have to determine where to apply changes that will include improvement. In which of the following phases of PDCA are you working?

A.

Do

B.

Check

C.

Act

D.

Plan

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Question # 33

You work as a project manager for PassGuide Inc. Your project was baselined at 8 hours, but 11 hours have been spent and the estimate to complete is an additional hour. The project should have been completed already. An hourly rate of $100 per hour is provided, and the project is 91.7% complete.

Which of the following is the correct CPI for the project?

A.

0.86

B.

0.67

C.

0.45

D.

0.53

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Question # 34

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.

A.

Project budget

B.

Project charter

C.

Project scope

D.

Project WBS

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Question # 35

Which of the following tools of the Conduct procurements process is used to assign numerical weights to evaluate criteria and then multiply them by the weights of each criteria factor to come up with total scores for each vendor?

A.

Expert judgment

B.

Weighting system

C.

Bidder conference

D.

Procurement negotiation

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Question # 36

Which of the following are the characteristics of the project life cycle?

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

A.

Stakeholders influences, risk, and uncertainty are at peak in the beginning of the project.

B.

It is limited by constraints, including resource constraints.

C.

Cost and staffing are low at the start, are high as the work is carried out, and decrease as the project comes towards the end.

D.

Skills to influence the final characteristics of the project's product, without much impact on cost, is at peak in the beginning of the project and reduces as the project progresses towards completion.

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Question # 37

You work as a project manager for BlueWell Inc. Management has asked you to work with the key project stakeholder to analyze the risk events you have identified in the project. They would like you to analyze the project risks with a goal of improving the project's performance as a whole.

What approach can you use to achieve the goal of improving the project's performance through risk analysis with your project stakeholders?

A.

Focus on the high-priority risks through qualitative risk analysis

B.

Use qualitative risk analysis to quickly assess the probability and impact of risk events

C.

Involve the stakeholders for risk identification only in the phases where the project directly affects them

D.

Involve subject matter experts in the risk analysis activities

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Question # 38

In which of the following process groups is the initial scope defined and are the initial finances committed?

A.

Executing

B.

Monitoring and controlling

C.

Initiation

D.

Planning

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Question # 39

Micha is the project manager for her project. Micha is now ready to complete the scope verification process so that she can move the project into the project closing process. What is the primary purpose of the scope verification process?

A.

Review of the project performance

B.

Acceptance of the project deliverables

C.

Acceptance of the project team's performance

D.

Approval that the project has met its objectives

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Question # 40

You work as a project manager for PassGuide Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?

A.

Market risk

B.

Financial risk

C.

Pure risk

D.

Liquidity risk

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Question # 41

You have just completed scope verification for your project. This process creates three deliverables for the organization. Which one of the following is not an output of the scope verification process?

A.

Requested changes

B.

Accepted deliverables

C.

Recommended corrective actions

D.

Risk identification

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Question # 42

Which of the following processes is described in the statement below?

"It is the process of identifying and documenting relationships among the project activities."

A.

Sequence Activities

B.

Define Scope

C.

Create WBS

D.

Define Activities

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Question # 43

Which of the following best describes the identification, analysis, and ranking of risks?

A.

Fixed-price contracts

B.

Plan Risk management

C.

Fast tracking

D.

Design of experiments

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Question # 44

You work as a project manager for PassGuide Inc. You want to illustrate how various factors might be linked to the potential problems or effects. Which of the following tools of the Perform Quality Control process will help you to accomplish the task?

A.

Scatter diagram

B.

Control chart

C.

Pareto chart

D.

Cause and Effect diagram

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Question # 45

Robert is the project manager of the NHH Project and is working with his project team to create the WBS for his organization. He has a project scope statement that needs to be broken down into smaller, more manageable components. He would like to organize the components by project phase to help organize the deliverables created in each phase of the project. What is the tool and technique called that breaks down the project scope into the WBS?

A.

Decomposition

B.

Requirements breakdown

C.

Functional analysis

D.

Subdivision

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Question # 46

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?

A.

Stakeholders register

B.

Risk register

C.

Organizational chart

D.

Change register

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Question # 47

Which of the following processes records the results of executing quality activities?

A.

Control risk

B.

Monitor risk

C.

Perform quality control

D.

Identify risk

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Question # 48

Which of the following is the delay between tasks that have a dependency?

A.

Fixed time

B.

Lead time

C.

Mean time

D.

Lag time

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Question # 49

During which of the following processes, probability and impact matrix is prepared?

A.

Plan Risk Responses

B.

Perform Qualitative Risk Analysis

C.

Perform Quantitative Risk Analysis

D.

Monitoring and Control Risks

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Question # 50

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?

A.

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.

B.

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

C.

Alan must add twelve hours of lead 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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Question # 51

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.

A.

Project staff assignments

B.

Deliverables

C.

Change requests

D.

Work performance information

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Question # 52

You work as a project manager for PassGuide Inc. You want to reduce the affective conflicts at all levels, and also attain and maintain a reasonable amount of substantive conflict. Which of the following processes will you use to accomplish the above task?

A.

Change management

B.

Conflict management

C.

Risk management

D.

Quality management

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Question # 53

You are the owner of a company that handles accounting operations for all its clients. Recently, your clients have been complaining about inefficiency of your business processes, and the lack of productivity. You want to put in place an initiative with the team, which will review the processes and make recommendations for improvement on an on-going basis, which you can use. What kind of management would this team need?

A.

Program Management

B.

Portfolio Management

C.

Business Process Management

D.

Project Management

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Question # 54

You work as a project manager for PassGuide Inc. You are working on a project where there is a limited amount of detailed information about the project or program. Which of the following estimation techniques will you use to accomplish the task?

A.

Three-point

B.

Analogous

C.

Bottom-up

D.

Parametric

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Question # 55

Which of the following types of organization structures represents the particular and specific organization that has been built through the utilization of an organizational structure?

A.

Projectized

B.

Matrix

C.

Jury

D.

Functional

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Question # 56

How many phases are there in an incremental project?

A.

5

B.

4

C.

2

D.

3

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Question # 57

Your project uses a piece of equipment that if the temperature of the machine goes above 450 degree Fahrenheit the machine will overheat and have to be shut down for 48 hours. Should this machine overheat even once it will delay the project's end date. You work with your project to create a response that should the temperature of the machine reach 430, the machine will be paused for at least an hour to cool it down. The temperature of 430 is called what?

A.

Risk identification

B.

Risk response

C.

Risk event

D.

Risk trigger

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Question # 58

Which of the following is described in the statement below?

"It is a common clause in contracts, which essentially frees both parties from liability or obligation when an extraordinary event or circumstance beyond the control of the parties, such as a war, strike, riot, crime, or an event described by the legal term "act of God", prevents one or both parties from fulfilling their obligations under the contract."

A.

Exemption

B.

Force majeure

C.

Exception

D.

Immunity

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Question # 59

Which of the following are inputs of the Monitor and Control project work process?

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

A.

Enterprise environmental factor

B.

Project document updates

C.

Performance report

D.

Project management plan

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