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Nokia CPM Sample Questions:
1. An appropriate sequence for risk management activities is:
A) risk identification, risk assessment and risk planning.
B) risk identification, Risk quantification and risk response development and control.
C) risk identification, risk elimination and risk mitigation.
D) risk identification, risk mitigation and risk management.
2. Prior to contract signing, the project manager is required to set up the PBM plan and quality gate process. If there is no ERP, how should the project manager charge their time?
A) To an approved project planning and initiation cost SvO.
B) To an SvO for an existing related project as it is not worthwhile to create an SvO for this small activity.
C) To an approved pre-sales WTR code based on the SWF/CRM ID, as no PO is yet received.
D) The PM should not be working on these activities prior to the contract being signed.
3. What is the best timing to review the estimate at completion (EAC)?
A) Only during project closure, in order to consistently explain the project results.
B) Only during the planning phase, in order to anticipate all possible risks.
C) Only when the project manager requests a review of the cost deviations.
D) During the entire project lifecycle, at least once per month, and at every major change in scope.
4. What is NOT a cost component based on the Nokia cost management guideline?
A) Subcontracting costs.
B) Material costs.
C) Non conformance costs.
D) Resource costs.
5. Which of the following cost components are allocated to a non-site level WBS element?
A) Local material costs.
B) External site services (Subcontracting).
C) Resource and project office costs.
D) Global material costs.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: A | Question # 3 Answer: D | Question # 4 Answer: C | Question # 5 Answer: C |
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