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Project Planning & Execution Flashcards

7 cards from real GCP practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

Read the first 7 Project Planning & Execution flashcards as text

  1. At project closure, what is the PRIMARY purpose of conducting a lessons learned session?

    Answer: To capture knowledge that can improve future projects

    Lessons learned sessions capture insights on what worked and what didn't to improve processes and outcomes on future projects.

  2. A project manager is using three-point estimating. The optimistic estimate is 4 days, the most likely is 7 days, and the pessimistic is 16 days. Using PERT, what is the expected duration?

    Answer: 8 days

    PERT expected duration = (O + 4M + P) / 6 = (4 + 28 + 16) / 6 = 48 / 6 = 8 days.

  3. Which document serves as the approved, time-phased budget for the project and is used to measure cost performance?

    Answer: Cost baseline

    The cost baseline is the approved version of the time-phased project budget, used as a reference to measure and monitor cost performance.

  4. A project manager is leading a global virtual team across six time zones. What is the MOST important communication strategy to implement?

    Answer: Establish clear communication protocols and norms upfront

    Establishing communication protocols and norms at project initiation ensures all virtual team members have clarity on how, when, and through which channels to communicate.

  5. During planning, a project manager identifies that two activities can start only after a predecessor is 50% complete. Which dependency type does this represent?

    Answer: Start-to-Start (SS) with lag

    An SS relationship with a lag means the successor activity can start only after the predecessor has been underway for a defined period or percentage.

  6. Which technique involves gathering SME opinions anonymously in multiple rounds to build consensus on estimates or forecasts?

    Answer: Delphi technique

    The Delphi technique uses iterative anonymous questionnaires reviewed by a facilitator to reach group consensus while minimizing individual bias.

  7. A project manager has a Cost Variance (CV) of −$15,000 and a Schedule Variance (SV) of +$8,000. How should this project status be described?

    Answer: Over budget and ahead of schedule

    A negative CV indicates the project is over budget, while a positive SV indicates the project is ahead of schedule.