CPM - PDM_2002001060 Exam Practice Test

Question 1

Which of the following is NOT an example of cost of poor quality?

A. Warranty costs.

B. Scrap.

C. Rework.

D. Quality training.

Correct Answer: D

Question 2

The project team has received the LoA approved risk log, which is the basis for the cost baseline risk contingency. During project execution a new relevant risk is identified. What is the best way to manage it?

A. Evaluate the risk impact and probability, update Risk Log, revise ETC, NCC cost accordingly, and if required trigger LoA process.

B. Evaluate the impact and probability and, if needed, make a revision of the contingency reserve in the cost baseline and in the EAC, and communicate to the relevant stakeholders.

C. If the new risk is not part of the current risk log, than it must be part of a change management process and not be included in the contingency reserve.

D. Define the Response plan for the new eisk and apply it.

Correct Answer: A

Question 3

To meet the requirements of the project through effective contract management, it is best to:

A. mix standard and unique clauses.

B. prepare a unique contract.

C. avoid using contractual documents.

D. use standard clauses in contracts.

Correct Answer: D

Question 4

What is the back-to-back principle that Nokia implements for project vendor contracts?

A. Same items sold to the customer and purchased from the vendor.

B. Same standard contract templates towards the customer and the vendor.

C. Same invoicing terms towards the customer as from the vendor.

D. Same approval criteria towards the vendor as from the customer.

Correct Answer: A

Question 5

Which of the following inputs are used for Resource Planning?

A. Historical information of resource utilization.

B. Scope statement.

C. All of the other options.

D. Resource pool description.

Correct Answer: C

Question 6

What is the best timing to review the estimate at completion (EAC)?

A. Only when the project manager requests a review of the cost deviations.

B. Only during project closure, in order to consistently explain the project results.

C. Only during the planning phase, in order to anticipate all possible risks.

D. During the entire project lifecycle, at least once per month, and at every major change in scope.

Correct Answer: D

Question 7

The project is not completed until:

A. the assessment of overall project performance against plan is completed.

B. the lessons learned are completed.

C. final customer acceptance is received, and any other requirements for project closure as stated in the contract are met.

D. the customer indicates their satisfaction and final payment is received.

Correct Answer: C

Question 8

What is the required action when a project is being delayed for 6 weeks due to problems in the infrastructure to be provided by the customer?

A. Revise risk response plan and trigger the change management process.

B. Make an extension on the allocation of the resources in your project.

C. Ask logistics to cancel equipment orders.

D. Reduce resources in order to minimize impact to the project costs.

Correct Answer: A

Question 9

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 project manager should initiate the change management process.

B. The planner should perform this request only with the formal approval of the project manager.

C. The planner should perform this request if there is a risk that failing to do so will negatively impact customer satisfaction.

D. The planner should perform this request if it will not have a significant impact on the project cost and will keep the customer happy.

Correct Answer: A

Question 10

What is the purpose of change management?

A. Documentation tracking.

B. Tracking additional resources.

C. Tracking additional purchase orders for suppliers due to quality issues.

D. Monitoring and controlling deviations from baseline.

Correct Answer: D

Question 11

The estimated value of the work actually accomplished is:

A. actual cost (AC).

B. cost variance (CV).

C. earned value (EV).

D. planned value (PV).

Correct Answer: C

Question 12

Which of the following are key components of a Site Process?

A. Change management process and communication plan.

B. Work Packages, WBS and invoicing triggers.

C. Acceptance milestones, share of responsibilities and invoicing triggers.

D. Master schedule, WBS and rollout plan.

Correct Answer: C

Question 13

What is the correct GIC to plan costs related to payment of a subcontractor responsible for BTS commissioning?

A. 7332 site acquisition.

B. 7331 Implementation.

C. 7348 project management.

D. 7333 construction works.

Correct Answer: B

Nokia CPM - PDM_2002001060 Exam Practice Test

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