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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

1. A project risk is a(n) __________ event or condition that, if it occurs, has a ___________ effect on at least one project objective:

A) uncertain. negative or positive.
B) certain. negative or positive.
C) unknown. neither negative nor positive.
D) uncertain. negative and positive.

2. Can the project manager start a project when the cost baseline shows an expected -30%
(negative) gross margin?

A) Yes, as Nokia needs to fulfill its obligations and execute the project anyway.
B) Only after the baseline is approved according to the required CO LOA approval levels.
C) Yes, if the baseline is in line with the as sold cost estimate.
D) No, as the maximum acceptable negative gross margin is -10%.

3. Continually measuring and monitoring the actual cost versus the budget is done to:

A) smooth out the variances.
B) analyze the reasons for variances.
C) approve the variances.
D) generate reports.

4. The product line is unable to meet a software release committed timeline. Due to this delay, resources dedicated to the installation need to remain available for an additional month. Additionally, the project will be liable to pay penalties based on contract conditions. How should these extra costs be reported?

A) Both costs will be booked via SvO with an accounting indicator relevant for resources caused NCC.
B) Extra resources cost which will be booked via SvO with an accounting indicator relevant for resources caused NCC (Pre- or Post-P8), and penalties will be booked via SVO with an accounting indicator relevant for execution.
C) Extra resources cost which will be booked via SvO with an accounting indicator relevant for product caused NCC (Pre- or Post-P8), and penalties will be part of the claim log.
D) Both costs will be booked via SvO with an accounting indicator relevant for product caused NCC (Pre- or Post-P8).

5. 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 pre-sales WTR code based on the SWF/CRM ID, as no PO is yet received.
B) The PM should not be working on these activities prior to the contract being signed.
C) To an SvO for an existing related project as it is not worthwhile to create an SvO for this small activity.
D) To an approved project planning and initiation cost SvO.

Solutions: