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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

Question 1

During project execution, a large number of changes are made to the project. The project manager should:

A. wait until all changes are known and print out a new schedule.
B. make only the changes approved by management.
C. talk to management before any changes are made.
D. make approved changes as needed, but retain the schedule baseline.

Question 2

When should the costs be recognized when utilizing IPM as part of the site process for a customer project?

A. When the invoice from the subcontractor is received.
B. When the subcontractor confirms receipt of the purchase order.
C. When internal acceptance is granted.
D. When the purchase order is created and sent to the subcontractor.

Question 3

A structured approach which promotes positive project cash flow, limits the financial risk
and addresses identified issues regarding the delivery of the contracted work and related execution KPIs. This best describes which of the following?

A. Site process.
B. Cost management process.
C. Acceptance process.
D. Payment process.

Question 4

What is the formula of the "value of risk" in the quantitative risk analysis?

A. The cost of risk mitigation in EUR * the probability of occurrence in %.
B. The cost of transferring the risk in EUR / the probability of occurrence in %.
C. The risk contingency budget in EUR / the probability of occurrence in %.
D. The impact of risk in EUR * the probability of occurrence in %.

Question 5

What activity is the final stage before input of the planned project costs to 4C?

A. Updates to the rollout schedule.
B. Joint analysis of the planned project costs by the project manager and cost and progress manager.
C. Receipt of customer purchase orders.
D. Revision of the equipment delivery forecast.

Solutions: