[Free] 2017(Sep) CollectDumps Dumpsleader GIAC GCPM Dumps with VCE and PDF 171-180

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Topic 1, Volume A

Question No: 171 – (Topic 2)

Shawn is the project manager of the WHT Project for his company. In this project Shawn#39;s team reports that they have found a way to complete the project work for less cost than what was originally planned. The project team presents a new software that will help to automate the project work. While the software and the associated training costs $25,000 it will save the project nearly $65,000 in total costs. Shawn agrees to the software and changes to the project management plan accordingly. What type of risk response has been used in this instance?

  1. Accepting

  2. Enhancing

  3. Avoidance

  4. Exploiting

Answer: D

Question No: 172 – (Topic 2)

You work as a project manager for PassGuide Inc. You want to communicate and solicit feedback from your employees to build future plans. Which of the following will help you to accomplish the above task?

  1. Organizational chart

  2. Stakeholders register

  3. Risk register

  4. Change register

Answer: A

Question No: 173 – (Topic 2)

You work as a project manager for PassGuide Inc. You have to finalize all activities across all of the process groups to formally finish the project. Which of the following processes will

help you to accomplish the task?

  1. Perform Quality Control

  2. Report Performance

  3. Close Project or Phase

  4. Close Procurements

Answer: C

Question No: 174 – (Topic 2)

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?

  1. Projectized

  2. Jury

  3. Matrix

  4. Functional

Answer: C

Question No: 175 – (Topic 2)

Jane works as a project manager for PassGuide Inc. Various projects are running under her administration. Holly, the team leader of a project, provides Jane the performance indexes of her project. The schedule variance (SV) of her project is 15. What does this figure illustrate?

  1. Holly#39;s project is ahead of the schedule.

  2. Holly#39;s project is behind the schedule.

  3. Holly#39;s project has costs that are higher than planned.

  4. Holly#39;s project is right on target.

Answer: A

Question No: 176 – (Topic 2)

You work as a project manager for PassGuide Inc. You want to calculate the probability of loss due to cost overrun. Which of the following terms describes the above metric?

  1. Residual risk

  2. Cost risk

  3. VAR

  4. Secondary risk

Answer: B

Question No: 177 – (Topic 2)

Which of the following are inputs of the Control Scope process?

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

  1. Project management plan

  2. Work performance information

  3. Change request

  4. Requirements documentation

Answer: A,B,D

Question No: 178 – (Topic 2)

Which of the following are the tasks performed by the Work breakdown structure (WBS)? Each correct answer represents a complete solution. Choose all that apply.

  1. It separates the major project deliverables into smaller components to improve the accuracy of cost estimates.

  2. It defines assignable resources, such as personnel, from a functional point of view.

  3. It provides a mechanism for collecting and organizing actual costs.

  4. It provides a mechanism for performance measurement and control.

Answer: A,B,D

Question No: 179 CORRECT TEXT – (Topic 2)

You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?

Answer: Risk threshold Answer: Risk exposure Answer: Risk modeling Answer: Risk limitation Answer: C

Question No: 180 – (Topic 2)

Which of the following is described in the statement below?

quot;It is defined as the work element that must be carefully monitored, documented, and managed to make the success of an organization, program, or project.quot;

  1. Red rated activity

  2. High alert activity

  3. Action items

  4. Critical activity

Answer: D

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