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Nokia CPM Sample Questions:

1. Which of the following is NOT part of the IPM suite?

A) Sales management.
B) Site data management.
C) Change management.
D) Document management.

2. When must the change management process be initiated?

A) Whenever the project execution requires services or materials different from those agreed in the contractual scope of work.
B) When there is a significant change in the scope of the project.
C) When the customer sends a formal request for additional scope of work.
D) When the CT head acknowledges that the customer will accept negotiation of the changes in the scope of the contract.

3. Which of the following is an advantage of site based operations (back-to-back ordering and invoicing of site based activities):

A) subcontractors will not have to wait for customer acceptance in order to get paid for their work.
B) transactional processes can be automated thus reducing Logistics costs.
C) NCC and materialized risk will only occur at a site level.
D) there will not be any additional project management overhead.

4. 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).

5. Company A is working on a project. The project's budget is EUR10,000. The Planned value as
of date X is EUR4,000. The project is 30% completed. 60% of the budget has been spent. If the company continues to spend money at the same rate, what will the project cost (EAC)?

A) EUR10,000.
B) EUR6,000.
C) EUR20,000.
D) EUR4,000.

Solutions: