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Nokia CPM Sample Questions:

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

A) SPI.
B) cost variance.
C) this is not a valid measure.
D) percentage over or under.

2. What is the recommended frequency for approving working time in WTR?

A) Weekly.
B) Each period.
C) Daily.
D) Monthly.

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

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

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

5. During project setup, an identified risk event with a 100% probability of occurrence is:

A) an issue and triggers the mitigation plan.
B) not a risk and ought to be part of the base costs.
C) a risk event with a high impact.
D) very irritating.

Solutions: