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Nokia CPM Sample Questions:

1. What are the primary responsibilities of the Cost & Progress Manager?

A) To ensure that invoices are processed in a timely fashion and delays to subcontractor payments are avoided.
B) To prepare the baseline independently and present to PM for approval prior to project start.
C) Cost control and monitoring, including regular reviews with the Project Manager.
D) To issue the purchase orders in a timely manner to subcontractors.

2. Which of these is a valid response to negative risks?

A) Share.
B) Enhance.
C) Exploit.
D) Mitigate.

3. What is the primary target of CCR processes?

A) To be able to proactively control and manage the related events.
B) To reduce manual entries in related reporting.
C) To provide the capability for change control boards to better manage project deliveries.
D) To be able to accurately report all CCR related costs.

4. Which KPI can assist the project manager in the analysis of a Gross Margin deviation?

A) Project asset rotation days (PARD).
B) Project Cost Adherence (PCA).
C) Rollout accuracy (RA).
D) Telecom Implementation Lead Time (TILT).

5. The __________ identifies the project elements that cost will be allocated to:

A) default work packages.
B) work breakdown structure.
C) order of magnitude estimate.
D) earned value.

Solutions: