[Free] 2017(Sep) CollectDumps Dumpsleader GIAC GCPM Dumps with VCE and PDF 231-240

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Topic 1, Volume A

Question No: 231 CORRECT TEXT – (Topic 3)

Fill in the blank with the appropriate term.

describes the utilization of formal econometric techniques to evaluate the aggregate risk in a financial portfolio

Answer: Risk modeling

Question No: 232 – (Topic 3)

Which of the following are the characteristics of the project life cycle?

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

  1. Stakeholders influences, risk, and uncertainty are at peak in the beginning of the project.

  2. It is limited by constraints, including resource constraints.

  3. Cost and staffing are low at the start, are high as the work is carried out, and decrease as the project comes towards the end.

  4. Skills to influence the final characteristics of the project#39;s product, without much impact on cost, is at peak in the beginning of the project and reduces as the project progresses towards completion.

Answer: A,C,D

Question No: 233 – (Topic 3)

Jane works as a project manager for PassGuide Inc. She needs to adjust the amount of time between two activities. She wants to delay the start of the second activity by 19 hours. What scheduling component should Jane add to the second activity?

  1. Project float

  2. Lead time

  3. Lag time

  4. Project slack

Answer: C

Question No: 234 – (Topic 3)

The figure given below demonstrates the communications model for a project. What role does component C play in the communication model?

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  1. Encoder

  2. Transporter

  3. Sender

  4. Medium

Answer: A

Question No: 235 – (Topic 3)

You work as a project manager for PassGuide Inc. You have to evaluate the performance efficiencies of a project. The table given below has the following related values:

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Which of the following will be the cost variance (CV) of the project at the current point of time?

A. -25

  1. 30

  2. 25

D. -30

Answer: B

Question No: 236 – (Topic 3)

Which of the following is a key input to the processes within the project?

  1. Closing

  2. Code of Accounts

  3. Claim

  4. Contract

Answer: D

Question No: 237 – (Topic 3)

Charlie has just completed the project according to the terms of the contract. She and the customer are completing a walk through of the project deliverables, and the customer is asking for changes to the deliverables before she#39;ll accept the product. What project management Mprocess should manage the documented change request that may come from scope verification?

  1. Perform integrated change control

  2. Control Scope

  3. Control change control

  4. Scope management

Answer: A

Question No: 238 – (Topic 3)

Which of the following are the prime reasons behind the use of the Critical path method in a project?

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

  1. It categorizes the tasks that can be delayed for a while if resources need to be reallocated to catch up on missed tasks.

  2. It determines both the early start and the late start date for each activity in the schedule.

  3. It identifies the tasks that should be completed on time for the whole project to be completed on time.

  4. It is used to describe the maximum length of time needed to complete a project.

Answer: A,B,C

Question No: 239 – (Topic 3)

Walter is the project manager of a large construction project. He#39;ll be working with several vendors on the project. Vendors will be providing materials and labor for several parts of the project. Some of the works in the project are very dangerous so Walter has implemented safety requirements for all of the vendors and his own project team.

Stakeholders for the project have added new requirements, which have caused new risks in the project. A vendor has identified a new risk that could affect the project if it comes into

fruition. Walter agrees with the vendor and has updated the risk register and created potential risk responses to mitigate the risk. What should Walter also update in this scenario considering the risk event?

  1. Project communications plan

  2. Project management plan

  3. Project contractual relationship with the vendor

  4. Project scope statement

Answer: B

Question No: 240 – (Topic 3)

Mark works as a project manager for the SLQ Project. He is working with the project team and several key stakeholders to create a diagram that shows how various elements of a system interrelate and the mechanism of causation within the system. What diagramming technique will Mark use to achieve the above task?

  1. Influence diagram

  2. Cause and effect diagram

  3. Predecessor and successor diagramming

  4. System or process flow chart

Answer: D

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