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Nokia CPM Sample Questions:

1. Change management does NOT enable:

A) the capability to reflect changes in project ETC once the cost of changes are known.
B) proactive management of the cost impact of a change.
C) consolidated and automated GS reporting of change costs across business lines.
D) change in SAP transactions.

2. When should risk analysis be performed?

A) On a regular basis prior to and throughout the project.
B) Just before any major meeting with the client.
C) When preparing the project plan.
D) Only when justified by the awareness of new risks becoming a possibility.

3. The best way to manage the costs of change requests is to:

A) impose change unilaterally.
B) document and authorize all changes.
C) allow them to happen in an ad-hoc fashion.
D) accept them verbally.

4. Which process is NOT included in project cost management?

A) Cost control.
B) Resource planning.
C) Resource allocation.
D) Cost planning.

5. 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.

Solutions: