Free GIAC GCPM Practice Exam with Questions & Answers | Set: 10

Which of the following processes formally permits the initiation of a project and marks the kickoff for all consequent development activities to begin?

You work as a project manager for PassGuide Inc. You want to include a budget contingency to accommodate the risk of incurring unidentifiable but normally occurring costs within the defined scope. Which of the following processes will help you to accomplish the task?

Diane is the project manager of the HGF Project. A risk that has been identified and analyzed in the project planning processes is now coming into fruition. What individual should respond to the risk with the preplanned risk response?

You are in need of procuring several tons of pea gravel for a construction. You'll need the vendor to provide a bid for the pea gravel on a specific date and time and that's one of the requirements included in the procurement document package you are reviewing. Who creates the procurement document package?

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

"It is an exchange of promises between two or more parties to do an act which is enforceable in the court of law."

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?

You are the project manager for the HGQ Project. You and the project team are currently working on the Identify Risks process. When does this project typically happen in a project?

Fill in the blank with the appropriate term.

______ (also called contractor conferences, vendor conferences, and pre-bid conferences) are meetings with prospective sellers prior to preparation of a bid or proposal.

Which of the following is described in the statement below?

"It is a tool that defines a project and groups the project's discrete work elements in a way that helps organize and define the total work scope of the project."

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?