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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

1. A risk response which involves eliminating a threat is called:

A) deflection.
B) transfer.
C) avoidance.
D) mitigation.

2. Which of the following does NOT influence project assets?

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

3. Which of the following is important to include in the acceptance procedure?

A) Definition of detailed scope of works, customer invoicing and pricing elements, unambiguous definition of acceptance criteria and related documentation and other evidence.
B) Clear procedure of how and in what timeline acceptance is required to be given, related triggers, unambiguous definition of acceptance criteria and related documentation and other evidence.
C) Definition of detailed scope of works, subcontractor pricing elements and unambiguous definition of acceptance criteria and related documentation and other evidence.
D) Clear procedure of how and in what timeline acceptance is required to be given, related triggers, risk management plan, and back-to-back customer and vendor contracts.

4. What is the purpose of change management?

A) Documentation tracking.
B) Monitoring and controlling deviations from baseline.
C) Tracking additional resources.
D) Tracking additional purchase orders for suppliers due to quality issues.

5. What is the best demonstration that you are in control of your financial processes?

A) You do not exceed the total CBL, even though some services business lines have exceeded their respective baselines.
B) You delegate completely to the project controller.
C) There are no large deviations between forecast and actual costs.
D) You can always explain the cost deviations.

Solutions: