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Free GIAC GCPM Practice Exam with Questions & Answers | Set: 8

Questions 71

You are the project manager for your organization and are planning the project work with your project team. You are currently breaking down the project scope into work packages to determine an accurate time and cost estimate. What document are you and the project team creating?

Options:
A.

Project management plan

B.

Work breakdown structure

C.

Code of accounts

D.

Project scope

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Questions 72

You work as a project manager for PassGuide Inc. You are working on the control schedule process. Which of the following techniques will you use to find ways to bring project activities that are behind into alignment with the plan?

Options:
A.

Resource leveling

B.

What-if scenario analysis

C.

Adjusting leads and lags

D.

Schedule compression

Questions 73

What component of the change control process examines the entire project to determine the proposed change's impact on the project scope, time, cost, quality, human resources, communications, risk, and procurement?

Options:
A.

Integrated change control

B.

Scope change control system

C.

Configuration management

D.

Project management information management system

Questions 74

You work as a project manager for BlueWell Inc. You are currently working with the project stakeholders to identify risks in your project. You understand that the qualitative risk assessment and analysis can reflect the attitude of the project team and other stakeholders to risk. Effective assessment of risk requires management of the risk attitudes of the participants. What should you, the project manager, do with assessment of identified risks in consideration of the attitude and bias of the participants towards the project risk?

Options:
A.

Evaluate the bias towards the risk events and correct the assessment accordingly

B.

Evaluate the bias through SWOT for true analysis of the risk events

C.

Evaluate and document the bias towards the risk events

D.

Document the bias for the risk events and communicate the bias with management

Questions 75

You work as a project manager for PassGuide Inc. You report the project details directly to the vice president and the administrator of your organization. In which of the following types of organization structures are you working?

Options:
A.

Projectized

B.

Jury

C.

Matrix

D.

Functional

Questions 76

Rick is the project manager for TTM project. He is in the process of procuring services from vendors. He makes a contract with a vendor in which he precisely specify the services to be procured, and any changes to the procurement specification will increase the costs to the buyer.

Which type of contract is this?

Options:
A.

Fixed Price Incentive Fee

B.

Cost Plus Fixed Fee Contract

C.

Firm Fixed Price

D.

Fixed Price with Economic Price Adjustment

Questions 77

You work as a project manager for PassGuide Inc. Your project has a budget of $545,000 and is expected to last 12 months. You have identified several risk events and created risk response plans for your project. In which of the following process groups will you be able to implement risk response plans?

Options:
A.

Planning

B.

Initiating

C.

Executing

D.

Monitoring and controlling

Questions 78

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

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

Options:
A.

Work performance information

B.

Project management plan update

C.

Project document update

D.

Change request status update

Questions 79

Which of the following statements about Work Breakdown Structure (WBS) are true?

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

Options:
A.

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

B.

It cannot be revised and updated as needed by the project manager.

C.

It provides a framework for detailed cost estimating and control along with providing guidance for schedule development and control.

D.

It is an important project management tool.

Questions 80

Which of the following is an input to the Identify Risk process?

Options:
A.

The project scope statement

B.

Residual risks

C.

Return on investment

D.

Referent power

Exam Code: GCPM
Certification Provider: GIAC
Exam Name: GIAC Certified Project Manager Certification Practice Test
Last Update: Sep 12, 2025
Questions: 397

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