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GCPM Exam Dumps - GIAC Certification Questions and Answers

Question # 44

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.

Judgmental methods

B.

Earned value management method

C.

Time series methods

D.

Causal/econometric methods

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Question # 45

In which of the following process groups is the project manager responsible for authorizing and applying organization resources to the subsequent project activities?

Options:

A.

Executing

B.

Planning

C.

Initiating

D.

Monitoring and controlling

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Question # 46

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?

Options:

A.

0.87

B.

0.84

C.

0.86

D.

0.80

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Question # 47

You are the program manager for the HGQ Program in your organization. Your program has eight constituent projects including a small project which you've assigned to Beth a new project manager in your organization. Part of your assignment is to coach Beth on project management in your program. You are telling Beth about the five process groups of project management and how they map to the progression of the project. Which process group would you tell Beth is where she'll likely spend the bulk of the project time and the project budget?

Options:

A.

Executing

B.

Planning

C.

Monitoring and Controlling

D.

Procurement

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Question # 48

Which of the following statements describes the critical path?

Options:

A.

It is the shortest path in the project network diagram.

B.

It cannot be crashed.

C.

It is always one path with the longest duration.

D.

It shows the project's earliest date for completion.

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Question # 49

Which of the following is described in the statement below?

"It is a monetary calculation of the quality performance of an organization. It is the monetary figure used by project management personnel in the decision making process."

Options:

A.

Scope creep

B.

Cost of Quality

C.

Cost benefit analysis

D.

Integrated change control

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Question # 50

You are the project manager of the HJK project for your organization. You and the project team have created risk responses for many of the risk events in the project. A teaming agreement is an example of what risk response?

Options:

A.

Mitigation

B.

Transference

C.

Acceptance

D.

Sharing

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Question # 51

You work as a project manager for PassGuide Inc. You want to figure out the cumulative costs needed to bring poor quality service or products up to the mark as defined by project management. Which of the following Plan Quality techniques will help you to accomplish the task?

Options:

A.

Cost of Quality

B.

Benchmarking

C.

Brainstorming

D.

Cost benefit analysis

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Question # 52

Which of the following components of EVA defines the total costs actually incurred and recorded in accomplishing work performed during a given time period for a schedule activity?

Options:

A.

PV

B.

AC

C.

CV

D.

EV

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Question # 53

How many phases are there in an incremental project?

Options:

A.

5

B.

4

C.

2

D.

3

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Exam Code: GCPM
Exam Name: GIAC Certified Project Manager Certification Practice Test
Last Update: Aug 24, 2025
Questions: 397
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