[Free] 2017(Sep) CollectDumps Dumpsleader GIAC GCPM Dumps with VCE and PDF 121-130

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Topic 1, Volume A

Question No: 121 – (Topic 2)

You are the project manager of a large construction project. Part of the project involves the wiring of the electricity in the building your project is creating. You and the project team determine the electrical work is too dangerous to perform yourself so you hire an electrician to perform the work for the project. This is an example of what type of risk response?

  1. Mitigation

  2. Acceptance

  3. Transference

  4. Avoidance

Answer: C

Question No: 122 – (Topic 2)

You work as a project manager for PassGuide Inc. Your project has a schedule variance of

-$35,500 and a schedule performance index of 0.92. What do these values mean in regard to project performance?

  1. The project is performing well.

  2. The project has a planned value of $600,000.

  3. The project is likely to be late and over budget.

  4. The project is eight percent off schedule and has a considerable schedule variance.

Answer: D

Question No: 123 – (Topic 2)

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?

  1. Screening system

  2. Benefits-cost analysis

  3. Weighting system

  4. Seller rating system

Answer: C

Question No: 124 – (Topic 2)

You are the project manager of TRT project. During execution phase of your project, Rick, a team member, complains that other team members are isolating him and this isolation is bothering him.

Which of the following is not a recommended step in order to resolve the issue?

  1. Get feedback on Rick from other team members.

  2. Get more feed back from Rick.

  3. Shift Rick to another project.

  4. Apply team building measures to improve the team#39;s effectiveness.

Answer: C

Question No: 125 – (Topic 2)

Which of the following are inputs of the Develop project team process? Each correct answer represents a complete solution. Choose all that apply.

  1. Project management plan

  2. Team performance assessment

  3. Project staff assignment

  4. Resource calendar

Answer: A,C,D

Question No: 126 – (Topic 2)

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?

  1. Fixed Price Incentive Fee

  2. Cost Plus Fixed Fee Contract

  3. Firm Fixed Price

  4. Fixed Price with Economic Price Adjustment

Answer: C

Question No: 127 – (Topic 2)

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

  1. Analogous

  2. Definitive

  3. Parametric

  4. Top down

Answer: B

Question No: 128 – (Topic 2)

You work as a project manager for PassGuide Inc. Your project was baselined at 8 hours, but 11 hours have been spent and the estimate to complete is 1 additional hour. The project must have been completed already. An hourly rate of $100 per hour is provided.

Which of the following is the planned value (PV) for the project?

A. $500 B. $700 C. $800 D. $600

Answer: C

Question No: 129 – (Topic 2)

Of the following, which best describes the elements in the work breakdown structure (WBS

)?

  1. The elements are the description of the required work.

  2. They are deliverables.

  3. They analyze the risk.

  4. Elements are part of a weak matrix.

Answer: B

Question No: 130 – (Topic 2)

You work as a project manager for PassGuide Inc. Which of the following processes will you use to build up an estimate of the monetary resources required to complete project activities?

  1. Determine budget

  2. Control costs

  3. Estimate costs

  4. Plan quality

Answer: C

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