Free GIAC GCPM Practice Exam with Questions & Answers | Set: 9

You work as a project manager for PassGuide Inc. You have to determine the seller for the project. You have received proposals from five vendors and they are all very good proposals, and the value is worth the same. You have to build a method of ranking each vendor. You have allocated 35 points to experience and 15 points for all the other categories to judge the vendors. Which of the following types of source selection process is used in the above scenario?

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?

Jane works as a project manager for PassGuide Inc. She is calculating the estimated activity durations for her project. She is using parameters such as duration, budget, size, weight, and complexity from a previous similar project as the basis for estimating the new project. Which of the following estimate activity duration techniques is she using in the project?

At which of the following points in a project lifecycle is the level of uncertainty and risk the highest?

You work as a project manager for PassGuide Inc. You have to work on an agreement that creates and defines obligations between two or more parties. Which of the following types of agreement will you work on?

What cost estimating approach uses the work breakdown structure to create a cost estimate?

You work as a project manager for PassGuide Inc. You are working on a project where there is a limited amount of detailed information about the project or program. Which of the following estimation techniques will you use to accomplish the task?

You work as a project manager for PassGuide Inc. Your organization has developed a product and is facing problems with current suppliers. Which of the following techniques will help your organization in the above issue?

You work as a project manager for PassGuide Inc. Management has selected the team members for your team in advance. Which of the following techniques of the Acquire project team has been used in the above scenario?

You are the project manager for your organization and would like to use a time and materials contract for a small project. What must a time and materials contract have to safeguard the project?