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Nokia CPM Sample Questions:

1. Your project is ongoing, all partner contracts have been renegotiated and new, higher prices came into effect immediately. If all the other circumstances in your project remain unchanged, your CPI value will:

A) not be affected by the change.
B) decrease.
C) be affected by the change but the trend can't be determined with the data provided.
D) increase.

2. What is the impact if procurement renegotiates longer payment terms with our supplier?

A) The cash flow of the project is negatively influenced.
B) The project asset rotation days (PARD) will increase.
C) The project asset rotation days (PARD) will decrease.
D) The cash flow of the project is positively influenced.

3. What is the relationship between a Business Case and a Project?

A) A business case and a project will always have a one-to-one relationship.
B) A project can contain a number of business cases.
C) A business case can contain a number of CAPEX projects but not OPEX projects.
D) A business case can contain a number of CAPEX and OPEX projects.

4. Why is the project resource plan required during the 'Create Customer Solution' phase?

A) To reserve subcontractor resources.
B) In order to make a services cost calculation.
C) To reserve resources from the resource manager, so no other project can use them.
D) To initiate recruitment of the project team.

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

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

Solutions: