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Nokia CPM Sample Questions:

1. The compilation and storage of lessons learned for a completed project can be used to:

A) determine the cost baseline and rollout plan for all future projects in the CT.
B) complete employee performance evaluations for those who worked on the project.
C) highlight problems and determine potential risks in future similar project.
D) adjust the final project financials to reflect the cost benefits of this knowledge.

2. Which inputs best support the resource demand plan update for a project?

A) Project organization chart, required headcount, and required timeframe.
B) Project organization chart, rollout schedule and project ID.
C) Rollout schedule, required headcount, project ID, required competences and required timeframe.
D) Material list, Rollout Schedule, WBS Code, and required timeframe.

3. The best way to manage the costs of change requests is to:

A) accept them verbally.
B) allow them to happen in an ad-hoc fashion.
C) impose change unilaterally.
D) document and authorize all changes.

4. What is the definition of project Risk Management?

A) To avoid risks that would damage the desired growth in sales and profitability while taking all opportunities to positively influence customer satisfaction.
B) To manage risks that will enable Nokia to profitably grow the business, while having a basic understanding of the risks and responses required.
C) To take risks that will enable Nokia to profitably grow the business while having a thorough understanding of the risks and responses required for its success.
D) To maximize the probability and consequences of positive events and minimize the probability and consequences of adverse events to project objectives.

5. It has been established that an unplanned urgent activity needs to be performed before the agreed work can be completed within the given schedule. The prudency principle is required to be applied, so what is the correct approach?

A) A contract change is requested from the customer as the task was not included in the originally contracted scope.
B) A scratch SvO is raised and the cost is booked as NCC until Customer PO has been received.
C) Any such activity will be covered from the risk contingency agreed as part of the project cost baseline.
D) The existing subcontractor purchase order is modified once work has been completed to ensure accurate payment towards subcontractor.

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