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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) be affected by the change but the trend can't be determined with the data provided.
B) not be affected by the change.
C) increase.
D) decrease.

2. 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.

3. The project cost management plan is created as a part of the:

A) control costs process.
B) project management plan process.
C) estimate costs process.
D) determine budget process.

4. In what way are project asset rotation days (PARD) and telecom implementation lead time (TILT) KPIs closely related to each other?

A) PARD is influenced by the TILT KPI (influenced = if TILT is decreasing then PARD is also decreasing).
B) Both KPIs are NI project related.
C) Both KPIs are CT cash flow related.
D) TILT is influenced by the PARD KPI (influenced = if PARD is decreasing then TILT is also decreasing).

5. It has been established that an unplanned urgent activity needs to be performed before the agreed work can be completed within the given schedule. The prudency principle is required to be applied, so what is the correct approach?

A) A scratch SvO is raised and the cost is booked as NCC until Customer PO has been received.
B) The existing subcontractor purchase order is modified once work has been completed to ensure accurate payment towards subcontractor.
C) Any such activity will be covered from the risk contingency agreed as part of the project cost baseline.
D) A contract change is requested from the customer as the task was not included in the originally contracted scope.

Solutions: