Exam Code: PDM_2002001060
Exam Name: CPM
Certification Provider: Nokia
Corresponding Certification: Nokia Networks Certification
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Nokia PDM_2002001060 Exam Syllabus Topics:

SectionObjectives
Project & Cost Management (CPM Fundamentals)- Project Planning and Work Breakdown Structure (WBS)
  • 1. Scope definition and resource planning concepts
    • 2. WBS structure and project execution control
      - Cost Control and Budget Management
      • 1. Cost baseline and estimation at completion
        • 2. Cost tracking and variance analysis
          Site Process and Delivery Management- Site execution planning
          • 1. Change management and reporting structure
            • 2. Acceptance milestones and invoicing triggers
              Project Execution Systems and Tools- SAP-based project management processes
              • 1. Resource allocation and tracking modules
                • 2. Project closing and administrative workflows

                  Nokia CPM Sample Questions:

                  What is the primary purpose of the accounting indicator?

                  • A. To differentiate the cost component as per the cost management guideline.
                  • B. To indicate the cost element in cost management.
                  • C. To indicate the high level root cause of extra costs.
                  • D. To indicate the cost type of extra costs.
                  Reveal Solution  Discussion  0

                  Correct Answer: C  🗳️

                  Which of the following is NOT a consideration when determining if an extra cost is NCC?

                  • A. Project scope.
                  • B. Contractual share of responsibility.
                  • C. Project risk contingency.
                  • D. % of extra cost in relation to cost baseline (CBL).
                  Reveal Solution  Discussion  0

                  Correct Answer: D  🗳️

                  What of the following options is the most appropriate course of action when the project resource cost to date exceeds the plan in the CBL?

                  • A. Discuss this with the project manager and realign the resourcing plan for the remainder of the project, updating the EAC if required.
                  • B. Increase the values in the EAC to reflect the increased resource cost.
                  • C. Compensate for the unplanned resources by releasing part of the risk contingency.
                  • D. Close the related SvO in WTR and SAP so resources can no longer book their time, as the cost plan has been exceeded.
                  Reveal Solution  Discussion  0

                  Correct Answer: A  🗳️

                  What is the back-to-back principle that Nokia implements for project vendor contracts?

                  • A. Same invoicing terms towards the customer as from the vendor.
                  • B. Same items sold to the customer and purchased from the vendor.
                  • C. Same standard contract templates towards the customer and the vendor.
                  • D. Same approval criteria towards the vendor as from the customer.
                  Reveal Solution  Discussion  0

                  Correct Answer: B  🗳️

                  The project is not completed until:

                  • A. the lessons learned are completed.
                  • B. final customer acceptance is received, and any other requirements for project closure as stated in the contract are met.
                  • C. the customer indicates their satisfaction and final payment is received.
                  • D. the assessment of overall project performance against plan is completed.
                  Reveal Solution  Discussion  0

                  Correct Answer: B  🗳️

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