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GIAC GCPM - GIAC Certified Project Manager Certification Practice Test

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Total 397 questions

Which of the following is a formal documentation that indicates the completion of the project or phase and the transfer of the completed project deliverables to the operations group or to the next phase?

A.

Project handover report

B.

Stakeholder register

C.

Risk register

D.

Project charter

In which of the following contract types, the seller is reimbursed for all allowable costs for performing the contract work and receives a fixed fee payment which is calculated as a percentage of the initial estimated project costs?

A.

Communications Management Plan, Execution Process group

B.

Communications Management Plan, Planning Process Group

C.

Project Management Plan, Planning Process Group

D.

Project Management Plan, Initiating Process Group

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

"It evaluates the abstract early start and finish dates and late start and finish dates for all activities devoid of any resource limitations by performing a forward and backward pass analysis through the schedule network."

A.

Resource utilization

B.

Resource leveling heuristic

C.

Critical path method

D.

Critical Chain method

At which of the following points in a project lifecycle is the level of uncertainty and risk the highest?

A.

Planning

B.

Closing

C.

Beginning

D.

Monitoring

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.

Executing

B.

Planning and design

C.

Initiation

D.

Monitoring and controlling

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?

Fill in the blank with the appropriate term.

A______ specifies the sequence and number of letters or numbers required for each level and the symbol separating the levels in a work breakdown structure (WBS) code or a custom outline code.

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?

A.

Determine budget

B.

Control costs

C.

Estimate costs

D.

Plan quality

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

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

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.

Jenny is the project manager for her organization. Her project is not doing well on project schedule performance, and management wants her to predict how the project schedule and cost will end. Management has asked Jenny to report and forecast her project's performance based on the Judgmental methods. Which of the following judgmental methods will Jenny use to accomplish the task?

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

A.

Scenario building

B.

Technology forecasting

C.

Autoregressive moving average

D.

Forecast by analogy