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Nokia CPM Sample Questions:

1. Which of the following describes earned value:

A) cost variance.
B) completed work value.
C) percentage over or under budget.
D) cost baseline plan.

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

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

3. If the earned value is equal to actual cost, it means:

A) there is no schedule variance.
B) project is on budget and on schedule.
C) there is no cost variance.
D) schedule variance index is 1.

4. What of the following options is the most appropriate course of action when the project subcontracting cost to date exceeds the plan in the CBL?

A) Start opening NCC SvOs for the cost overruns as you can now expect further additional cost.
B) Compensate for the unplanned extra costs by releasing part of the risk contingency.
C) Stop raising subcontracting purchase orders so as to avoid incurring further excess cost.
D) Analyze the root cause of the cost increase and execute an action plan to get cost back on track, updating EAC if needed.

5. To which of the following tools is SAP P20 linked?

A) NELLE.
B) RTI.
C) NRisk.
D) IPM.

Solutions: