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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

Question 1

Which of the following is an advantage of site based operations (back-to-back ordering and invoicing of site based activities):

A. transactional processes can be automated thus reducing Logistics costs.
B. there will not be any additional project management overhead.
C. subcontractors will not have to wait for customer acceptance in order to get paid for their work.
D. NCC and materialized risk will only occur at a site level.

Question 2

Which is not a factor in choosing a subcontractor?

A. Personal relationship with management.
B. Price competition.
C. Competency.
D. Complexity of requirements.

Question 3

How frequently is an update of the Cost Estimate at Completion required?

A. Each time there is a change in the scope of work.
B. At least once per month, prior to period end.
C. Each time there is a change in the schedule or scope of work.
D. Every quarter before PRS (Profitability Reporting System) results are published.

Question 4

What is NCC in Nokia?

A. All extra site visit costs.
B. All subcontractor extra work costs.
C. Materialized risks.
D. Any cost overruns.

Question 5

An appropriate sequence for risk management activities is:

A. risk identification, risk elimination and risk mitigation.
B. risk identification, Risk quantification and risk response development and control.
C. risk identification, risk mitigation and risk management.
D. risk identification, risk assessment and risk planning.

Solutions: