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GCPM Online Exam

GIAC Certified Project Manager (GCPM)

397 questions available ยท Page 1 of 40

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Question 1 Fill in the blank

Fill in the blank with the appropriate term.
______is the measure of chance that, due to unfavorable events, the planned or budgeted cost of events can be exceeded

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Accepted answer: Answer: Cost risk

Question 2 Fill in the blank

Fill in the blank with the appropriate term.
A _______ is a scale of values for the vendors where not all of the values are of the same weight

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Accepted answer: Answer: weighting system

Question 3 Fill in the blank

Fill in the blank with the appropriate term.
______is an estimating technique that uses parameters or project characteristics to forecast project costs.

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Accepted answer: Answer: Parametric modeling

Question 4 Fill in the blank

Fill in the blank with the appropriate term.

A ______ is performed to identify successes and failures that warrant recognition in the preparation or administration of other procurement contracts on the project, or on other projects within the performing organization.

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Accepted answer: Answer: procurement auditing

Question 5 Fill in the blank

Fill in the blank with the appropriate term.
______is the best method to achieve the final equitable settlement for all outstanding issues, claims, and disputes

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Accepted answer: Answer: Direct negotiation

Question 6 Fill in the blank

Fill in the blank with the appropriate term.
______describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio

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Accepted answer: Answer: Risk modeling

Question 7 Fill in the blank

Fill in the blank with the appropriate word.
A ______ should be specific, measurable, achievable, realistic, time bounded, ethical, and recorded.

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Accepted answer: Answer: project

Question 8 Fill in the blank

Fill in the blank with the appropriate word.
______refers to conveying a message from an individual person to another or to several people, whether verbally or non-verbally

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Accepted answer: Answer: Communication

Question 9 Fill in the blank

Fill in the blank with the appropriate term.
A______specifies the sequence and number of letters or numbers required for each level and the symbol separating the levels in a work breakdown structure (WBS) code or a custom outline code.

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Accepted answer: Answer: code mask

Question 10 Fill in the blank

Fill in the blank with the appropriate term.
______involves the implementation of strategies to reduce the negative aspects of conflict and to increase the positive aspects of conflict at a level equal to or higher than where the conflict is taking place.

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Accepted answer: Answer: Conflict management