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Nokia CPM Sample Questions:

1. Which of the following inputs are used for Resource Planning?

A) Historical information of resource utilization.
B) All of the other options.
C) Scope statement.
D) Resource pool description.

2. What is typically NOT processed in the project cost management tool as a project change?

A) So-called "unknown unknowns".
B) Materialized risk.
C) Additional functions/applications/major volumes (e.g. sites) compared to the original contract scope.
D) Planned additional work.

3. What are key components of EVM methodology?

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

4. In 4C internal resources are planned as:

A) man working days (MWD).
B) not planned.
C) monetary value.
D) headcount.

5. A structured approach which promotes positive project cash flow, limits the financial risk
and addresses identified issues regarding the delivery of the contracted work and related execution KPIs. This best describes which of the following?

A) Acceptance process.
B) Cost management process.
C) Payment process.
D) Site process.

Solutions: