GCP Project Planning & Execution 3

Question 1

A project manager is using a responsibility assignment matrix (RAM). In a RACI chart, what does the 'C' stand for?

Accepted Answer

Consulted

Answer

In RACI, 'C' stands for Consulted, meaning those whose input is sought and with whom there is two-way communication.

Question 2

During execution, the project team discovers a previously unidentified risk. Where should this risk be documented?

Accepted Answer

Risk register

Answer

All identified risks, including those discovered during execution, are documented in the risk register for tracking and response planning.

Question 3

A project's Planned Value (PV) is $120,000 and its Earned Value (EV) is $100,000. What is the Schedule Variance (SV)?

Accepted Answer

-$20,000

Answer

Schedule Variance = EV − PV = $100,000 − $120,000 = −$20,000, indicating the project is behind schedule.

Question 4

Which type of dependency occurs when one activity cannot start until another has finished, regardless of any other constraints?

Accepted Answer

Mandatory dependency

Answer

Mandatory dependencies are contractually or physically required relationships between activities and cannot be changed by the project team.

Question 5

A project manager wants to identify which risks have the greatest potential impact on project objectives. Which tool is MOST appropriate?

Accepted Answer

Tornado diagram

Answer

A tornado diagram ranks risks by the range of their potential impact on the project objective, making it easy to identify the highest-priority risks.

GCP Test Practice Test