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PDM_2002001060 Sample Questions Answers

Questions 4

When should NELLE be updated with customer/project data?

Options:

A.

At quarter end.

B.

After the customer forecast is received.

C.

Every STP.

D.

At least once a month, before period end.

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Questions 5

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

Options:

A.

Known risks.

B.

Unknown risks.

C.

Project budget.

D.

Project progress.

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Questions 6

Upon completion, the complete set of project documentation should be put in which of the following?

Options:

A.

Project archives.

B.

Access database.

C.

Storage room.

D.

Project report.

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Questions 7

What is NCC in Nokia?

Options:

A.

Any cost overruns.

B.

All subcontractor extra work costs.

C.

Materialized risks.

D.

All extra site visit costs.

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Questions 8

Which of the following KPIs is NOT reported by the cost and progress manager?

Options:

A.

PCA.

B.

ABCTA.

C.

NCC coverage.

D.

FSDI.

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Questions 9

To which of the following tools is SAP P20 linked?

Options:

A.

IPM.

B.

RTI.

C.

NRisk.

D.

NELLE.

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Questions 10

The EVM measure which best shows the difference between budgeted cost and actual cost is:

Options:

A.

cost variance.

B.

percentage over or under.

C.

SPI.

D.

this is not a valid measure.

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Questions 11

Your project is ongoing, all partner contracts have been renegotiated and new prices (higher by 8%) came into effect immediately. If all the other circumstances in your project remain unchanged, your PCA [%] value will:

Options:

A.

increase by 8%.

B.

increase by a % dependent on project completion and other project costs.

C.

decrease by 8%.

D.

Decrease by a % dependent on project completion % and other project costs.

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Questions 12

In order to accurately report non conformance costs, it is necessary to:

Options:

A.

create an internal invoice to transfer costs to product lines.

B.

forecast non conformance costs in NELLE.

C.

record the extra cost in an SvO with Accounting indicators 1,5,92-95.

D.

have a non conformance cost budget approved in advance.

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Questions 13

Which of the following statements is correct?

Options:

A.

CoPQ has the same content as NCC.

B.

All NCC are CoPQ.

C.

All CoPQ are NCC.

D.

CoPQ has nothing to do with NCC.

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Questions 14

What is the primary target of CCR processes?

Options:

A.

To reduce manual entries in related reporting.

B.

To provide the capability for change control boards to better manage project deliveries.

C.

To be able to proactively control and manage the related events.

D.

To be able to accurately report all CCR related costs.

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Questions 15

The _____________ is not a part of the project base costs but is included in the project budget:

Options:

A.

activity cost contingency reserve.

B.

risk contingency reserve.

C.

management overheads.

D.

project management planning.

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Questions 16

Company A is working on a project. The project‘s budget is €10,000. The Planned value as of date X is €4,000. The project is 30% completed. 60% of the budget has been spent. If the company continues to spend money at the same rate, what will the project cost (EAC)?

Options:

A.

€10,000.

B.

€20,000.

C.

€6,000.

D.

€4,000.

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Questions 17

Which of the following examples are effective results of a correctly performed root cause analysis?

Options:

A.

Missing method-of-procedure (MOP) and therefore no rollback procedures available for the site.

B.

Health and safety regulations were unclear to the Nokia team.

C.

Incorrect overtime booking.

D.

Gap in communication between the project team and the sales team.

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Questions 18

In Nokia, what does PARD stands for?

Options:

A.

Program action required days.

B.

Project asset rotation days.

C.

Project action rotation days.

D.

Project asset required days.

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Questions 19

Which of the following is important to include in the acceptance procedure?

Options:

A.

Definition of detailed scope of works, subcontractor pricing elements and unambiguous definition of acceptance criteria and related documentation and other evidence.

B.

Clear procedure of how and in what timeline acceptance is required to be given, related triggers, unambiguous definition of acceptance criteria and related documentation and other evidence.

C.

Definition of detailed scope of works, customer invoicing and pricing elements, unambiguous definition of acceptance criteria and related documentation and other evidence.

D.

Clear procedure of how and in what timeline acceptance is required to be given, related triggers, risk management plan, and back-to-back customer and vendor contracts.

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Questions 20

Which inputs best support the resource demand plan update for a project?

Options:

A.

Project organization chart, rollout schedule and project ID.

B.

Project organization chart, required headcount, and required timeframe.

C.

Rollout schedule, required headcount, project ID, required competences and required timeframe.

D.

Material list, Rollout Schedule, WBS Code, and required timeframe.

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Questions 21

When must the change management process be initiated?

Options:

A.

When there is a significant change in the scope of the project.

B.

When the customer sends a formal request for additional scope of work.

C.

When the CT head acknowledges that the customer will accept negotiation of the changes in the scope of the contract.

D.

Whenever the project execution requires services or materials different from those agreed in the contractual scope of work.

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Questions 22

The __________ is a narrative description of the work to be accomplished or resource to be supplied:

Options:

A.

purchase order.

B.

level of effort.

C.

scope of work.

D.

contract stipulation.

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Questions 23

Who is primarily accountable for maintaining the data in IPM?

Options:

A.

Process & tools specialist.

B.

Cost and progress manager.

C.

Implementation manager.

D.

Project Manager.

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Questions 24

The project cost management plan is created as a part of the:

Options:

A.

project management plan process.

B.

estimate costs process.

C.

determine budget process.

D.

control costs process.

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Questions 25

Which of the following documents are NOT part of the PTA handover from Sales to Delivery?

Options:

A.

Cost baseline.

B.

Project management/delivery plan.

C.

Logistics plan.

D.

WBS structure.

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Questions 26

Where should NCC be planned?

Options:

A.

Cost baseline (CBL).

B.

Estimate to completion (ETC).

C.

Nowhere - NCC is always unplanned cost.

D.

Risk contingency.

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Questions 27

What is the relationship between actual cost, EAC and ETC?

Options:

A.

Actual cost + EAC = ETC.

B.

Actual cost - EAC = ETC.

C.

EAC - actual cost = ETC.

D.

ETC - actual cost = EAC.

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Questions 28

In which phase of the project is the greatest amount of its funding likely to be spent?

Options:

A.

Initiating.

B.

Executing.

C.

Planning.

D.

Closeout.

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Questions 29

Which are the five cost components used in Nokia project cost management:

Options:

A.

material costs, sub-contracting costs, cost transfers (GSD), resource costs, other direct costs.

B.

sub-contracting costs, resource costs, non-conformance costs, risk contingency, other direct costs.

C.

resource costs, sub-contracting costs, non-conformance costs, Cost transfers (GSD), other direct costs.

D.

base costs, non-conformance Costs, risk contingency, sellable additional works, material costs.

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Questions 30

If the earned value is equal to actual cost, it means:

Options:

A.

project is on budget and on schedule.

B.

schedule variance index is 1.

C.

there is no schedule variance.

D.

there is no cost variance.

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Questions 31

Which of the following examples will cause a decline in project cost adherence (PCA)?

Options:

A.

Additional scope of work ordered by customer.

B.

Additional service effort caused by site unavailability for which the customer is liable.

C.

Delay in equipment delivery.

D.

Penalties paid to the customer.

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Status:
Expired
Exam Code: PDM_2002001060
Exam Name: CPM
Last Update: Apr 21, 2023
Questions: 213
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