Nokia PDM_2002001060 Exam Questions : CPM

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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

1. The project team has received the LoA approved risk log, which is the basis for the cost baseline risk contingency. During project execution a new relevant risk is identified. What is the best way to manage it?

A) Evaluate the risk impact and probability, update Risk Log, revise ETC, NCC cost accordingly, and if required trigger LoA process.
B) Define the Response plan for the new eisk and apply it.
C) If the new risk is not part of the current risk log, than it must be part of a change management process and not be included in the contingency reserve.
D) Evaluate the impact and probability and, if needed, make a revision of the contingency reserve in the cost baseline and in the EAC, and communicate to the relevant stakeholders.

2. What is the recommended frequency for approving working time in WTR?

A) Monthly.
B) Daily.
C) Weekly.
D) Each period.

3. Which resource type is handled by the tempus process?

A) Contractors.
B) Locals.
C) Visitors from non-integrated countries.
D) Visitors from Integrated SAP P20 countries.

4. What is Gross Profit?

A) Gross sales minus all operating costs.
B) Gross sales minus gross costs.
C) Net sales minus cost of goods sold.
D) Gross sales minus discounts and penalties.

5. Which of the following describes earned value:

A) cost baseline plan.
B) percentage over or under budget.
C) completed work value.
D) cost variance.

Solutions: