Nokia PDM_2002001060

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Nokia CPM Sample Questions:

1. Which of the following statements is not in line with reporting rules? New non-planned Risk identified with a significant value:

A) does not change as sold cost estimate (ASCE) and cost baseline (CBL).
B) changes the estimate at completion (EAC) value of non conformance costs.
C) does not change the estimate at completion (EAC) value of the risk contingency.
D) changes the cost baseline (CBL) value of the risk contingency.

2. Who should contribute to the development of the project plan?

A) Project manager.
B) Network planning.
C) The entire project team including the project manager.
D) Senior management.

3. The risk contingency reserve is identified in which process?

A) Estimate activity resources.
B) Estimate activity duration.
C) Determine cost baseline.
D) Estimate costs.

4. Under what circumstances should the costs associated with the execution of the quality management plan be included in the project cost baseline?

A) Quality management costs must always be considered in the project plan as the benefits outweigh the costs in terms of less rework, higher productivity and higher stakeholder satisfaction.
B) Quality Management costs should not be part of the project cost baseline as it is the obligation of the subcontractor to perform according to the contract.
C) Costs associated to quality management should be considered only in very complex projects when the risk of quality issues cannot be fully mitigated.
D) Quality Management costs should not be part of the project cost baseline but be entirely transferred to subcontractors that under-perform.

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

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

Solutions: