GCP Project Planning & Execution 5

Question 1

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

Accepted Answer

To capture knowledge that can improve future projects

Answer

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

Question 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?

Accepted Answer

8 days

Answer

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

Question 3

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

Accepted Answer

Cost baseline

Answer

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

Question 4

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

Accepted Answer

Establish clear communication protocols and norms upfront

Answer

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

Question 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?

Accepted Answer

Start-to-Start (SS) with lag

Answer

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.

GCP Test Practice Test

GCP Test Practice Test

GCP Project Planning & Execution 5