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GIAC GCPM - GIAC Certified Project Manager Certification Practice Test

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Total 397 questions

You are the project manager of the NNH project. In this project you have created a contingency response that the cost performance index should be less than 0.93. The NHH project has a budget at completion of $945,000 and is 45 percent complete - though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project's cost performance index?

A.

1.06

B.

0.93

C.

0.92

D.

-$30,647

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?

A.

Risk management plan

B.

Risk response plan

C.

Project sponsor

D.

Look-up table

Which of the following processes documents risk characteristics?

A.

Manage risk

B.

Monitor risk

C.

Assess risk

D.

Identify risk

Which of the following is a method of planning and managing projects that puts more emphasis on the resources required to execute project tasks?

A.

Critical Path Method (CPM)

B.

Dynamic Systems Development Method (DSDM)

C.

Critical Chain Project Management (CCPM)

D.

Linear scheduling method (LSM)

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.

Jury

B.

Functional

C.

Projectized

D.

Matrix

Fill in the blank with the appropriate term.

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

Which of the following techniques is used for weather forecasting?

A.

Probabilistic forecasting

B.

Scenario building

C.

Simulation

D.

Delphi method

Which of the following processes improves the competencies and interaction of the team?

A.

Acquire project team

B.

Develop project team

C.

Project human resource plan process

D.

Manage project team

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

You are the project manager of the NNH project. In this project you have created a contingency response that the cost performance index should be less than 0.93. The NHH project has a budget at completion of $945,000 and is 45 percent complete - though the project should be 49 percent complete. The project has spent $455,897 to reach the 45 percent complete milestone. What is the project's cost performance index?

A.

1.06

B.

-$30,647

C.

0.92

D.

0.93