GCPM Practice Test practice questions, page 5 of 15, with answer review and explanations.
Question 21
Which of the following techniques is described in the statement below? "It evaluates the abstract early start and finish dates and late start and finish dates for all activities devoid of any resource limitations by performing a forward and backward pass analysis through the schedule network."
Resource utilization
Critical Chain method
Resource leveling heuristic
Critical path method
Question 22
Billy is the project manager of the PQW Project and she has an assigned project budget of $655,000. Currently she is 80 percent complete with the project though she was scheduled to be 100 percent done by this date. She has spent $490,000 to date and other than the project schedule, which was delayed because of a vendor, the project is going well. What should Billy report as her schedule performance index for this project?
100 percent because the vendor caused her lateness
$524,000
80
1.23
Question 23
You work as a project manager for HRM Inc. Your organization has developed a product and is facing problems with current suppliers. Which of the following techniques will help your organization in the above issue?
Risk analysis
Make-or-buy analysis
Checklist analysis
Break-even analysis
Question 24
You work as a project manager for HRM Inc. You are working with your team on calculating the project's critical path. You have calculated that one of the activities on the critical path is going to be delayed by six days due to a vendor fault. How will this condition affect the project's completion date?
The project will be early by six days.
The project may be late depending on the amount of float available for the critical path.
The project manager should check to see if float is available for other activities and shift the delayed work to another path.
The project will be late by six days.
Question 25
You work as a project manager for HRM Inc. You have to address the following information on the business case justifying the project, including return on investment. Which of the following documents will you use to address the above information?