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Nokia CPM Sample Questions:
1. Your project is ongoing all partner contracts have been renegotiated and new, higher prices came into effect immediately. If all the other circumstances in your project remain unchanged, your SPI value will:
A) increase.
B) decrease.
C) be affected by the change but the trend can't be determined with the data provided.
D) not be affected by the change.
2. Which of the following contract types places the greatest risk on the seller?
A) Fixed price incentive contract.
B) Firm fixed price contract.
C) Cost plus incentive fee contract.
D) Cost plus fixed fee contract.
3. What of the following is NOT part of the root cause analysis process?
A) Proposals for corrective/ preventive actions.
B) Identify the people/teams responsible for the cost overrun.
C) Escaped defect analysis.
D) Gather the facts.
4. Which milestone(s) must always be completed before invoicing?
A) It depends on the contractual terms.
B) Internal acceptance.
C) Provisional acceptance.
D) Final acceptance.
5. What are the two key elements to calculate the project cost adherence (PCA)?
A) Actual costs and the latest estimate in PRS.
B) Cost overrun of the period and total costs of sales of the period.
C) Estimate at completion and cost baseline.
D) Estimated baseline and cost baseline.
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
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