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Nokia CPM Sample Questions:

1. What is NOT included in a basic project cost report?

A) Total actual costs.
B) Total project cost baseline.
C) Year to date costs of goods sold.
D) Total project estimate at completion.

2. 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 is 30% completed. 60% of the budget has been spent to date X.
The Earned Value (EV) of the project is:

A) EUR3,000.
B) EUR5,000.
C) EUR6,000.
D) EUR600.

3. What is the relationship between a Business Case and a Project?

A) A business case can contain a number of CAPEX and OPEX projects.
B) A business case can contain a number of CAPEX projects but not OPEX projects.
C) A business case and a project will always have a one-to-one relationship.
D) A project can contain a number of business cases.

4. What is NOT a cost component based on the Nokia cost management guideline?

A) Resource costs.
B) Material costs.
C) Subcontracting costs.
D) Non conformance costs.

5. Which process is NOT included in project cost management?

A) Resource planning.
B) Resource allocation.
C) Cost control.
D) Cost planning.

Solutions: