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Pass the GIAC Certification GCPM Questions and answers with ExamsMirror

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Viewing questions 41-50 out of questions
Questions # 41:

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

Questions # 42:

You work as a project manager for PassGuide Inc. You have to subdivide project deliverables and project work into smaller, more manageable components. Which of the following processes will you use to perform the above task?

Options:

A.

Create WBS

B.

Verify scope

C.

Control scope

D.

Define activities

Questions # 43:

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

Questions # 44:

You work as the project manager for Bluewell Inc. You are working on NGQQ Project for your company. You have completed the risk analysis processes for the risk events. You and the project team have created risk responses for most of the identified project risks. 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 responses?

Options:

A.

Risk acceptance

B.

Risk avoidance

C.

Risk transference

D.

Risk mitigation

Questions # 45:

You work as a project manager for PassGuide Inc. You have to measure the potential risks on the two dimensions of a graph. Which of the following charts will you use to accomplish the task?

Options:

A.

Gantt chart

B.

Risk probability and impact matrix

C.

Pareto chart

D.

Control chart

Questions # 46:

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."

Options:

A.

Resource utilization

B.

Critical path method

C.

Critical Chain method

D.

Resource leveling heuristic

Questions # 47:

You are a Project Manager in your organization who is managing a considerably huge budget project to develop new software. Considering the varied nature of your stakeholder group, you would like to put together a plan as to what information the stakeholders need, and how to provide that information. What is the document that you would need, and as part of which process group would you achieve this?

Options:

A.

Communications Management Plan, Execution Process group

B.

Project Management Plan, Planning Process Group

C.

Communications Management Plan, Planning Process Group

D.

Project Management Plan, Initiating Process Group

Questions # 48:

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."

Options:

A.

PV

B.

AC

C.

SV

D.

EV

Questions # 49:

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?

Options:

A.

Terms for payment

B.

Approval from the project sponsor

C.

An approved vendor by a leading trade organization

D.

A not-to-exceed clause

Questions # 50:

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?

Options:

A.

Earned value management method

B.

Time series methods

C.

Causal/econometric methods

D.

Judgmental methods

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