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Nokia CPM Sample Questions:

1. What is the primary purpose of the accounting indicator?

A) To indicate the cost element in cost management.
B) To indicate the high level root cause of extra costs.
C) To indicate the cost type of extra costs.
D) To differentiate the cost component as per the cost management guideline.

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

3. Which of the following is NOT a type of performance measure?

A) Earned Value.
B) Cost variance.
C) Planned Value.
D) Estimate to complete.

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

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

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

A) 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.
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 updated.
D) The COM requests approval from CBC and if the CBC approves the cost increase, the initial CBL is updated.

Solutions: