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Nokia CPM Sample Questions:

1. Before which approval gate do you have greatest possible influence on risks and the related costs?

A) Gate 4.
B) Gate 5.
C) Project Closing.
D) Gate 6.

2. In which of the following items are the contents of the VOA used in SAP?

A) Service order.
B) Customer invoice.
C) Sales order.
D) Quantity contract.

3. What are the two key elements to calculate the project cost adherence (PCA)?

A) Cost overrun of the period and total costs of sales of the period.
B) Actual costs and the latest estimate in PRS.
C) Estimated baseline and cost baseline.
D) Estimate at completion and cost baseline.

4. What are the basic elements for estimate at completion reporting?

A) Detailed plan - actual costs.
B) Actual Costs + ETC.
C) ASCE + ET
D) CBL - ETC .

5. What approval process is required when the EAC deviates >2% from the CBL?

A) The COM requests approval from CBC and if the CBC approves the cost increase, the initial CBL is updated.
B) The COM requests approval from CBC and if the CBC approves the cost increase, the initial CBL is not updated, but the EAC will be updated to reflect the change.
C) The CT starts the LoA approval process and if the LoA approves the cost increase, the initial CBL is not updated, but the EAC will be updated to reflect the change.
D) The CT starts the LoA approval process and if the LoA approves the cost increase, the initial CBL is updated.

Solutions: