Most Recent GIAC GCPM Exam Questions & Answers

Prepare for the GIAC Certified Project Manager exam with our extensive collection of questions and answers. These practice Q&A are updated according to the latest syllabus, providing you with the tools needed to review and test your knowledge.

QA4Exam focus on the latest syllabus and exam objectives, our practice Q&A are designed to help you identify key topics and solidify your understanding. By focusing on the core curriculum, These Questions & Answers helps you cover all the essential topics, ensuring you're well-prepared for every section of the exam. Each question comes with a detailed explanation, offering valuable insights and helping you to learn from your mistakes. Whether you're looking to assess your progress or dive deeper into complex topics, our updated Q&A will provide the support you need to confidently approach the GIAC GCPM exam and achieve success.

The questions for GCPM were last updated on Jan 18, 2025.

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Question No. 1

You work as a project manager for company Inc. You are working with your project team to plan the risk responses. Your project has a budget of $450,000 and is expected to last seven months. You have identified a risk event that has a probability of .60 and has a cost impact of $250,000 within the project. While creating a risk response for this event, what is the risk exposure of the event that must be considered for the cost of the risk response?

ARisk exposure is $250,000.

BRisk exposure is $150,000.

CRisk exposure is $350,000.

DRisk exposure is $50,000.

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Correct Answer: B

Question No. 2

Nancy is the project manager of the JJJ Project. This project has recently been approved by the project customer as complete so Nancy must now finalize the administrative closure. Nancy needs to create the final project report to report the successes and failures in the project. Who should Nancy deliver this final project report to if she is participating in a projectized structure?

AFunctional Management

BProject customer

CProject sponsor

DWhomever the communications management plan directs her to

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Correct Answer: D

Question No. 3

Which of the following techniques is used for weather forecasting?

AProbabilistic forecasting

BScenario building

CSimulation

DDelphi method

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Correct Answer: A

Question No. 4

Which one of the following best describes a quality metric?

AThe ability of an entity to satisfy stated and implied needs.

BAn operational definition in specific terms what something is and how the quality control processes measures it.

CAn operational definition in specific terms what something is and how the quality assurance processes measures it.

DA value associated with a project process that may be measured in the cost of achieving the process results.

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Correct Answer: B

Question No. 5

You are a new Project Manager that has been entrusted with a software development project that is in progress. A sub-contracting company has been awarded a cost reimbursable contract to do the development work on this project, and the project has been completed. While trying to close this procurement, you discover that still there are some unresolved claims. However, the sub contract company does not accept that these claims are unresolved. Which of the following is the best method for reaching the final equitable settlement?

ALitigation

BMediation

CDirect negotiation

DAlternative dispute resolution

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Correct Answer: C

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