CPM v6.0

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Your project is ongoing, all partner contracts have been renegotiated and new prices
(higher by 8%) came into effect immediately. If all the other circumstances in your project remain unchanged, your PCA [%] value will:

  • A. increase by 8%.
  • B. increase by a % dependent on project completion and other project costs.
  • C. decrease by 8%.
  • D. Decrease by a % dependent on project completion % and other project costs.


Answer : D

When is LoA approval required to take place for a claim?

  • A. Before any commercial agreement with the contract party.
  • B. Before the financial impact of the claim is booked.
  • C. Not later than 30 days after the claim is settled.
  • D. As soon as an incoming claim is received.


Answer : A

Which transaction in SAP triggers the cost of work by an external supplier?

  • A. Setting the purchase amount in the purchase order.
  • B. Goods receipt of the purchase order.
  • C. Booking the supplier invoice.
  • D. Updating the cost in the vendor outline agreement.


Answer : B

A Project is:

  • A. An ongoing endeavor to create repetitive products, services, or results.
  • B. A unique service undertaken to create a temporary product or results.
  • C. A unique endeavor undertaken to create a temporary product, service, or result.
  • D. A temporary endeavor undertaken to create a unique product, service, or result.


Answer : D

What costs are included in NCC reporting based on current guidelines?

  • A. All Nokia business line costs.
  • B. GS and MBB costs.
  • C. GS costs.
  • D. Resources related costs.


Answer : C

What is the primary target of CCR processes?

  • A. To reduce manual entries in related reporting.
  • B. To provide the capability for change control boards to better manage project deliveries.
  • C. To be able to proactively control and manage the related events.
  • D. To be able to accurately report all CCR related costs.


Answer : C

In which project management process is the detailed project budget created?

  • A. Initiating.
  • B. Closure.
  • C. Planning.
  • D. Executing.


Answer : C

Which of the following is important to include in the acceptance procedure?

  • A. Definition of detailed scope of works, subcontractor pricing elements and unambiguous definition of acceptance criteria and related documentation and other evidence.
  • B. Clear procedure of how and in what timeline acceptance is required to be given, related triggers, unambiguous definition of acceptance criteria and related documentation and other evidence.
  • C. Definition of detailed scope of works, customer invoicing and pricing elements, unambiguous definition of acceptance criteria and related documentation and other evidence.
  • D. Clear procedure of how and in what timeline acceptance is required to be given, related triggers, risk management plan, and back-to-back customer and vendor contracts.


Answer : B

Which of these key performance indicators (KPIs) supports the identification of possible cost overruns?

  • A. Project cost adherence (PCA).
  • B. Rollout accuracy (RA).
  • C. Site invoice lead time (SILT).
  • D. Project asset rotation days (PARD).


Answer : A

An appropriate sequence for risk management activities is:

  • A. risk identification, Risk quantification and risk response development and control.
  • B. risk identification, risk assessment and risk planning.
  • C. risk identification, risk mitigation and risk management.
  • D. risk identification, risk elimination and risk mitigation.


Answer : A

What are key components of EVM methodology?

  • A. Planned value, earned value and actual cost.
  • B. Planned cost, revenue and gross margin.
  • C. Baseline costs, estimate at completion and estimate to complete.
  • D. As sold cost estimates, baseline and EAC.


Answer : A

What are the sources of information to Profitability Reporting System (PRS) reports?

  • A. Nelle for planned sales & costs and SAP for actual sales & costs.
  • B. Demand management tool for volumes, and 4C for project cost baseline.
  • C. Direct input by project controller for sales and by cost and progress manager costs.
  • D. Goods receipt in IPM for costs and invoicing information from logistics for sales.


Answer : A

In relation to the program life cycle, when is the correct time to freeze the project scope?

  • A. Before Gate 4.
  • B. During the Gate 6 handover to project execution.
  • C. During project execution.
  • D. At Project closure.


Answer : B

How are project deliverables structured and organized in IPM?

  • A. Through sales orders.
  • B. Through sales items.
  • C. Through work items within work packages.
  • D. Through quality checklists.


Answer : C

The __________ is a narrative description of the work to be accomplished or resource to be supplied:

  • A. purchase order.
  • B. level of effort.
  • C. scope of work.
  • D. contract stipulation.


Answer : C

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Exam contains 213 questions
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