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Nokia CPM Sample Questions:

1. Which of the following is NOT part of the earned value calculation?

A) Unknown risks.
B) Known risks.
C) Project progress.
D) Project budget.

2. Which of these key performance indicators (KPIs) supports the identification of possible cost overruns?

A) Project asset rotation days (PARD).
B) Project cost adherence (PCA).
C) Site invoice lead time (SILT).
D) Rollout accuracy (RA).

3. What is the primary target of CCR processes?

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

4. 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 SPI value will:

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

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

Solutions: