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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

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

A) During the entire project lifecycle, at least once per month, and at every major change in scope.
B) Only during project closure, in order to consistently explain the project results.
C) Only when the project manager requests a review of the cost deviations.
D) Only during the planning phase, in order to anticipate all possible risks.

2. What are the key elements that must be monitored constantly over the entire project life cycle?

A) Quality and subcontractor performance.
B) Cost, time and scope.
C) Contract conditions and project deliverables.
D) Financial reports and schedule.

3. In Nokia, what does PARD stands for?

A) Project asset rotation days.
B) Program action required days.
C) Project action rotation days.
D) Project asset required days.

4. Project "A" has experienced difficulties in the deliveries of one of its key suppliers. It has been estimated by the project team that, if the supplier is one week late for the next scheduled delivery, it will cost EUR10,000. The probability of the supplier being late is 50 %, based on the fact that this has happened before on the project. It is decided not to take any risk mitigation actions. What is the TERC for this risk?

A) EUR5,000.
B) EUR10,000.
C) EUR7,500.
D) EUR3,500.

5. During project setup, an identified risk event with a 100% probability of occurrence is:

A) an issue and triggers the mitigation plan.
B) not a risk and ought to be part of the base costs.
C) a risk event with a high impact.
D) very irritating.

Solutions: