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Nokia CPM Sample Questions:

1. One example of a benefit of an effective claim management process is:

A) visibility of financial impact of possible penalties.
B) no claim related risks in the project risk log.
C) clause for liquidated damages in the customer contract.
D) elimination of all claims.


2. Internal acceptance is a milestone that will trigger:

A) customer invoicing.
B) SAP goods receipt.
C) cost estimate to complete (ETC).
D) SAP billing block released.


3. Which of the following is NOT a project risk management process?

A) risk monitoring and control.
B) risk response planning.
C) risk identification.
D) risk avoidance.


4. What should be done to ensure that the entire scope of work of the project is included in our planning?

A) Create a contingency plan.
B) Create a work breakdown structure (WBS).
C) Create a risk management plan.
D) Create a scope statement.


5. To meet the requirements of the project through effective contract management, it is best to:

A) mix standard and unique clauses.
B) avoid using contractual documents.
C) use standard clauses in contracts.
D) prepare a unique contract.


Solutions:

Question # 1
Answer: A
Question # 2
Answer: B
Question # 3
Answer: D
Question # 4
Answer: B
Question # 5
Answer: C

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