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Nokia CPM Sample Questions:

1. One example of a benefit of an effective claim management process is:

A) no claim related risks in the project risk log.
B) elimination of all claims.
C) visibility of financial impact of possible penalties.
D) clause for liquidated damages in the customer contract.

2. What is NOT a cost component based on the Nokia cost management guideline?

A) Non conformance costs.
B) Material costs.
C) Subcontracting costs.
D) Resource costs.

3. What is NCC in Nokia?

A) Any cost overruns.
B) All subcontractor extra work costs.
C) Materialized risks.
D) All extra site visit costs.

4. In what way are project asset rotation days (PARD) and telecom implementation lead time (TILT) KPIs closely related to each other?

A) Both KPIs are CT cash flow related.
B) Both KPIs are NI project related.
C) PARD is influenced by the TILT KPI (influenced = if TILT is decreasing then PARD is also decreasing).
D) TILT is influenced by the PARD KPI (influenced = if PARD is decreasing then TILT is also decreasing).

5. The risk contingency reserve is identified in which process?

A) Estimate costs.
B) Estimate activity duration.
C) Determine cost baseline.
D) Estimate activity resources.

Solutions: