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GCPM Exam Dumps - GIAC Certification Questions and Answers

Question # 4

You work as a project manager for PassGuide Inc. Your project is in a situation in which a party interested in trading an asset is unable to do so. Which of the following types of risks must have occurred in the above scenario?

Options:

A.

Market risk

B.

Financial risk

C.

Pure risk

D.

Liquidity risk

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Question # 5

You work as a project manager for PassGuide Inc. You are using the three point estimate to calculate the estimated activity durations for your project. If you have an optimistic estimate of 10 days, a pessimistic estimate of 19 days, and a most likely estimate of 13, which of the following is the expected activity duration for your project?

Options:

A.

16.5

B.

18

C.

17

D.

17.5

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Question # 6

Jane works as a project manager for PassGuide Inc. She needs to adjust the amount of time between two activities. She wants to delay the start of the second activity by 19 hours. What scheduling component should Jane add to the second activity?

Options:

A.

Project float

B.

Lead time

C.

Lag time

D.

Project slack

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Question # 7

Which of the following are inputs of the Perform Integrated Change control process?

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

Options:

A.

Change request

B.

Project management plan

C.

Work performance information

D.

Project document update

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Question # 8

You work as a project manager for PassGuide Inc. You want to improve the competencies and interaction of team members to enhance project performance. Which of the following processes will help you to accomplish the task?

Options:

A.

Acquire Project Team

B.

Develop Project Team

C.

Manage Project Team

D.

Develop Human Resource Plan

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Question # 9

You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been awarded a cost reimbursable contract to do the development work on this project, and the project has been completed. While trying to close this procurement, you discover that still there are some unresolved claims. However, the sub contract company does not accept that these claims are unresolved. Which of the following is the best method for reaching the final equitable settlement?

Options:

A.

Alternative dispute resolution

B.

Direct negotiation

C.

Litigation

D.

Mediation

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Question # 10

Which of the following is a key input to the processes within the project?

Options:

A.

Closing

B.

Code of Accounts

C.

Claim

D.

Contract

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Question # 11

Which of the following statements on conflicts is NOT true?

Options:

A.

They are natural and force a search for alternatives.

B.

Conflicts are an individual's issue.

C.

Conflict resolution should focus on the present, not the past.

D.

Openness resolves conflicts.

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Question # 12

Fill in the blank with the appropriate term.

______describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio

Options:

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Question # 13

Mark works as a project manager for PassGuide Inc. He and his team are working on a new project that involves developing a plan for a new building. You have started estimating the activity durations. You find some uncertainty about the estimates due to the nature of the project. This is your first project. Which of the following estimation techniques is the most likely method that Mark could use to ensure improvement in estimation?

Options:

A.

Three-point estimation

B.

Analogous estimation

C.

Hands-down estimation

D.

Top-down estimation

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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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