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Nokia CPM Sample Questions:

1. Which of the following contract types places the greatest risk on the seller?

A) Firm fixed price contract.
B) Cost plus fixed fee contract.
C) Fixed price incentive contract.
D) Cost plus incentive fee contract.

2. Before which approval gate do you have greatest possible influence on risks and the related costs?

A) Project Closing.
B) Gate 6.
C) Gate 4.
D) Gate 5.

3. The compilation and storage of lessons learned for a completed project can be used to:

A) adjust the final project financials to reflect the cost benefits of this knowledge.
B) highlight problems and determine potential risks in future similar project.
C) determine the cost baseline and rollout plan for all future projects in the CT.
D) complete employee performance evaluations for those who worked on the project.

4. Who is responsible for presenting the project financial results in the project review meetings?

A) Cost and progress manager and project controller.
B) Project controller.
C) Cost and progress manager with support of the project manager.
D) Project Manager with support of the cost and progress manager.

5. If a customer requests a consistency check to the network design, which was not included in Nokia scope of work, what is the appropriate action?

A) The planner should perform this request if it will not have a significant impact on the project cost and will keep the customer happy.
B) The planner should perform this request only with the formal approval of the project manager.
C) The project manager should initiate the change management process.
D) The planner should perform this request if there is a risk that failing to do so will negatively impact customer satisfaction.

Solutions: