PDM_2002001060 by Nokia Actual Free Exam Q&As

Question 1

Which of the following is not chargeable work?

A. Site logistics. B. Account management. C. Construction works. D. Project management.

Discussion 0

Correct Answer: B Vote an answer

Question 2

Which of the following inputs are part of the sales to delivery handover?

A. As sold cost estimate, project plan and PT B. PTA, RFQ and approved cost baseline. C. Cost assumptions, updated country cost database and risk log. D. Customer PO, draft of the contract and project schedule.

Discussion 0

Correct Answer: A Vote an answer

Question 3

At a given point in time, a project has a CPI = 0.7 and SV = EUR1,000. The project is:

A. over budget and ahead of schedule. B. below budget and ahead of schedule. C. over budget and behind schedule. D. below budget and behind schedule.

Discussion 0

Correct Answer: A Vote an answer

Question 4

Which process is NOT included in project cost management?

A. Cost control. B. Resource planning. C. Cost planning. D. Resource allocation.

Discussion 0

Correct Answer: D Vote an answer

Question 5

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

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

Discussion 0

Correct Answer: A Vote an answer

Question 6

If the earned value is equal to actual cost, it means:

A. schedule variance index is 1. B. there is no cost variance. C. there is no schedule variance. D. project is on budget and on schedule.

Discussion 0

Correct Answer: B Vote an answer

Question 7

Which of the following cost components are allocated to a non-site level WBS element?

A. External site services (Subcontracting). B. Resource and project office costs. C. Local material costs. D. Global material costs.

Discussion 0

Correct Answer: B Vote an answer

Question 8

Which of the following is NOT a project risk management process?

A. risk monitoring and control. B. risk response planning. C. risk avoidance. D. risk identification.

Discussion 0

Correct Answer: C Vote an answer

Question 9

One example of a benefit of an effective claim management process is:

A. elimination of all claims. B. visibility of financial impact of possible penalties. C. no claim related risks in the project risk log. D. clause for liquidated damages in the customer contract.

Discussion 0

Correct Answer: B Vote an answer

Question 10

What is NOT included in a basic project cost report?

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

Discussion 0

Correct Answer: A Vote an answer

Question 11

What is the purpose of a Project Target Agreement (PTA)?

A. 1. Agreement between the PM and the customer of the project targets and the contract terms at the start of project execution.2. Formal approval by the customer that the PM proposed by Nokia is considered acceptable. B. 1. Full or partial agreement between tender PM and project execution PM of the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of
tendering team. C. 1. Agreement between PM and their line manager of the project targets relevant for short term incentive.2. PM's confirmation that he is aware of and accepts the incentive relevant project objectives. D. 1. Full or partial agreement between CT Head and respective PM on the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of tendering team.

Discussion 0

Correct Answer: D Vote an answer

Question 12

Which of the following is NOT a contract type:

A. lump sum. B. unit price. C. make or buy. D. cost reimbursable.

Discussion 0

Correct Answer: C Vote an answer

Nokia CPM - PDM_2002001060 Exam Practice Test