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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

Question 1

Which data can be imported directly from 4C into PPR?

A. GS and MBB actual costs, materialized risk, non conformance costs, sellable additional works.
B. GS cost baseline, materialized risk, GS cost EAC.
C. GS as sold cost estimate, risk contingency consumed, sellable additional works.
D. GS cost EAC, budgeted risk, sub-contractor claims.

Question 2

What is the correct approach when handling extra costs of which the customer is deemed
responsible and the relevant purchase order has been received?

A. Update estimate to completion (ETC) and update materialized costs in cost baseline.
B. Update estimate to completion (ETC) and update ordered works in cost baseline.
C. Cost baseline updated.
D. Estimate to completion updated.

Question 3

What is NOT included in a basic project cost report?

A. Total project cost baseline.
B. Total project estimate at completion.
C. Year to date costs of goods sold.
D. Total actual costs.

Question 4

Which of the following does NOT influence project assets?

A. Reducing subcontracting costs.
B. Keeping inventory low.
C. Reducing the customer acceptance lead time.
D. Invoicing daily wherever possible.

Question 5

What is the best timing to review the estimate at completion (EAC)?

A. Only when the project manager requests a review of the cost deviations.
B. Only during the planning phase, in order to anticipate all possible risks.
C. Only during project closure, in order to consistently explain the project results.
D. During the entire project lifecycle, at least once per month, and at every major change in scope.

Solutions: