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Nokia CPM Sample Questions:

1. Which of the following statements is correct?

A) All CoPQ are NC
B) All NCC are CoPQ.
C) CoPQ has nothing to do with NCC.
D) CoPQ has the same content as NCC.

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

A) Risk contingency costs.
B) Resource costs.
C) Base costs.
D) Non conformance costs.

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

4. A project plan is a:

A) narrative description of products or services to be supplied.
B) formal, approved document used to guide both project execution and project control.
C) document describing the organizational breakdown structure of the company.
D) document issued by senior management that provides the project manager with the authority to apply organizational resources to project activities.

5. Which of the following are components of the latest estimate in PRS (Profitability Reporting System)?

A) Actual results of the previous period.
B) Sales, volumes and cost of sales.
C) Baseline, ETC and EAC.
D) Sales, cost of sales and gross profit.

Solutions: