GCPM Online Practice Questions and Answers

You are the project manager for your organization. Marcy, a project stakeholder, is demanding that you add some deliverables to your project scope for free. You explain to Marcy that it's too late in the project execution to consider adding these deliverables, as most of the software your project team is creating is nearly done. Marcy and you escalate the issue to management.

Management decides that you will add the deliverables to the project scope if Marcy pays a significant fee and allows you additional time to complete the project. What conflict resolution method has management offered?

A. Issue management

B. Compromising

C. Forcing

D. Confronting

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

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?

A. Risk limitation

B. Risk modeling

C. Risk exposure

D. Risk threshold

You work as a project manager for PassGuide Inc. You have to evaluate the performance efficiencies of a project. The table given below has the following related values: Which of the following will be the cost variance (CV) of the project at the current point of time?

A. 25

B. -25

C. 30

D. -30

James works as the project manager for a software project. He and his team are on the Direct and Manage Project Execution process. All of the following are inputs of this process except for which one?

A. Project charter

B. Approved environmental requests

C. Organizational process assets

D. Enterprise environmental factors

E. Project management plan

Alice is the project manager of the NHQ Project and is entering the project's closing processes. The project, she has managed, has been for another organization in a contractual relationship. Her organization requires Alice to complete performance reviews of the project team, review the deliverables with the project customer, and to obtain formal signoff of the project deliverables.

There may be other conditions and activities that Alice likely will need to do in this final project phase. Where can Alice check regarding this project?

A. Project Integration Plan

B. Project Quality Control procedures

C. Project Communications Management Plan

D. Project Contract

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. Dynamic Systems Development Method (DSDM)

B. Critical Path Method (CPM)

C. Critical Chain Project Management (CCPM)

D. Linear scheduling method (LSM)

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

Which of the following processes is described in the statement below? "It addresses the risks by their priorities, schedules the project management plan as required, and inserts resources and activities into the budget."

A. Create the project risk register

B. Create a risk governance approach

C. Plan risk response

D. Monitor and control project risks

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?

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.