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Nokia CPM Sample Questions:

1. Change requests should not occur due to:

A) an external event such as a change in government regulation.
B) a software failure that prevents timely site integration.
C) an error or omission in defining the scope of the product.
D) change in GIC structure.

2. 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).

3. What is Gross Profit?

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

4. What approval process is required when the EAC deviates >2% from the CBL?

A) The CT starts the LoA approval process and if the LoA approves the cost increase, the initial CBL is updated.
B) The COM requests approval from CBC and if the CBC approves the cost increase, the initial CBL is not updated, but the EAC will be updated to reflect the change.
C) The CT starts the LoA approval process and if the LoA approves the cost increase, the initial CBL is not updated, but the EAC will be updated to reflect the change.
D) The COM requests approval from CBC and if the CBC approves the cost increase, the initial CBL is updated.

5. What are the primary responsibilities of the Cost & Progress Manager?

A) To ensure that invoices are processed in a timely fashion and delays to subcontractor payments are avoided.
B) To issue the purchase orders in a timely manner to subcontractors.
C) To prepare the baseline independently and present to PM for approval prior to project start.
D) Cost control and monitoring, including regular reviews with the Project Manager.

Solutions: