GCPM Online Practice Questions and Answers

You are the project manager of the JKM Project for your organization. Your project is supposed to be 60 percent complete but you are only 45 percent complete. The project has an assigned budget of $765,000 but you have already spent $365,000 to reach this point in the project due to some errors and rework. Management is pressing you on when you'll complete the project and how much the project will likely cost based on the current performance. You need to tell management what the project's current cost performance index (CPI) is. What value should you report to management based on your project's performance?

A. $306,000

B. .75

C. .94

D. $344,250

Which of the following theories describes the statement below? "It states that there are certain factors in the workplace that cause job satisfaction, while a separate set of factors cause dissatisfaction."

A. Herzberg's theory

B. Ouchi's Theory Z

C. McGregor's X and Y

D. Expectancy theory

You work as a project manager for PassGuide Inc. Your project has a budget of $545,000 and is expected to last 12 months. You have identified several risk events and created risk response plans for your project. In which of the following process groups will you be able to implement risk response plans?

A. Planning

B. Initiating

C. Executing

D. Monitoring and controlling

You are the project manager for your organization. Your project is doing fine on time and cost, but management wants to address the project performance for future accomplishment. Management has asked you to begin reporting and forecasting your project's health based on a moving average, extrapolation, trend estimation, and growth curve. What type of forecasting method is management asking you to use?

A. Estimate at completion method

B. Time series methods

C. Causal/econometric methods

D. Judgmental methods

You work as a project manager for PassGuide Inc. You are using the three point estimate to calculate the estimated activity durations for your project. If you have an optimistic estimate of 10 days, a pessimistic estimate of 19 days, and a most likely estimate of 13, which of the following is the expected activity duration for your project?

A. 16.5

B. 18

C. 17

D. 17.5

Which of the following are inputs of the Direct and Manage Project Execution process? Each correct answer represents a complete solution. Choose all that apply.

A. Organizational process assets

B. Approved change requests

C. Quality metrics

D. Project management plan

Don is the project manager of the PFO project for his organization. Don is working with the project team members and two subject matter experts to assess the identified risk events in the project. Which of the following approaches is the best to assess the risk events in the project?

A. Determination of the true cost of the risk event

B. Probability and Impact Matrix

C. Root cause analysis

D. Interviews or meetings

Sam is the project manager for his organization. His project is not doing well on project schedule performance, and management wants him to predict how the project schedule and cost will end.

Management has asked Sam to report and forecast his project's performance based on the Delphi Method, scenario building, technology forecasting, and to forecast by analogy. What forecasting method is management asking Sam to use?

A. Judgmental methods

B. Earned value management method

C. Time series methods

D. Causal/econometric methods

Which of the following types of organization structures represents the particular and specific organization that has been built through the utilization of an organizational structure?

A. Projectized

B. Matrix

C. Jury

D. Functional

Which of the following is a measure of progress achieved compared to progress planned on a project?

A. Cost variance

B. Schedule performance index

C. Schedule variance

D. Cost performance index