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Nokia PDM_2002001060 Exam Syllabus Topics:

Nokia CPM Sample Questions:

1. Bulk orders from the customer to Nokia are problematic for Nokia because:

A) It results in the customer accepting too much scope at one time which can cause resource bottlenecks on the customer and Nokia side.
B) fewer customer POs needing to be processed means that there will be an under-utilization of logistics coordinators.
C) the customer acceptance process cannot be easily broken down to site level which leads to delays in invoicing and revenue recognition.
D) more customer POs needing to be processed means that there will be increased administrative effort.

2. What of the following cost components is NOT included in the CBL?

A) Sub-contracting costs.
B) Risk contingency.
C) Non conformance costs.
D) Base costs.

3. Which of the following is NOT a contract type:

A) lump sum.
B) cost reimbursable.
C) make or buy.
D) unit price.

4. What is the primary purpose of the accounting indicator?

A) To indicate the cost element in cost management.
B) To differentiate the cost component as per the cost management guideline.
C) To indicate the high level root cause of extra costs.
D) To indicate the cost type of extra costs.

5. Company A is working on a project. The project's budget is EUR10,000. The planned value as of date X is EUR4,000. The project has an earned value of EUR3,500 and actual costs of EUR4,500. What is the cost variance of the project?

A) EUR-1,000.
B) EUR-500.
C) EUR500.
D) EUR1,000.

Solutions: