GIAC Certified Project Manager (GCPM): GCPM

You work as a project manager for PassGuide Inc. You are using market risk, value at risk (VaR), historical simulation (HS), and extreme value theory (EVT) so as to analyze a portfolio and make forecasts of the likely losses that would be incurred for a variety of risks. Which of the following processes are you using to accomplish the task?

A. Risk limitation

B. Risk modeling

C. Risk exposure

D. Risk threshold

You are the project manager of the HJU project for your company. This project will last for 18 months and has a project budget of $567,000. Robert, one of your stakeholders, has introduced a scope change request that will likely have an impact on the project costs and schedule. Robert assures you that he will pay for the extra time and costs associated with the risk event. You tell Robert that the change request may affect more areas of the project than just time and cost and that you are worried about the additional risks the change request will bring. What project management component is responsible for evaluating a change request and its impact on all of the project management knowledge areas?

A. Integrated change control

B. Configuration management

C. Project change control system

D. Risk analysis

You have been assigned as the Project Manager for a new project that involves development of a new interface for your existing time management system. You know that developers are available in your organization, and would like to use them. However, your program manager thinks that an outside company needs to be engaged to complete this development. Which of the following will help you to convince your project manager to use the internal resources?

A. Expert Judgment

B. Make or buy analysis

C. Survey Questionnaire

D. Issue log