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Nokia CPM Sample Questions:

1. 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. Which statement is correct?

A) The project is behind schedule.
B) The project is ahead of schedule.
C) The project is finished.
D) The project is on schedule.

2. The compilation and storage of lessons learned for a completed project can be used to:

A) highlight problems and determine potential risks in future similar project.
B) determine the cost baseline and rollout plan for all future projects in the CT.
C) adjust the final project financials to reflect the cost benefits of this knowledge.
D) complete employee performance evaluations for those who worked on the project.

3. Who should contribute to the development of the project plan?

A) Project manager.
B) Network planning.
C) Senior management.
D) The entire project team including the project manager.

4. What is a Project WBS?

A) A structure showing the product configurations.
B) Definition of the GICs which will be applicable to the project scope.
C) Division of the project scope into hierarchical and manageable packages of work.
D) Division of the project into cost centers for proper cost allocation.

5. During which stage of risk planning are risks prioritized based on probability and impact?

A) Quantitative risk analysis.
B) Identify risks.
C) Plan risk responses.
D) Qualitative risk analysis.

Solutions: