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Nokia CPM Sample Questions:

1. As theoretically defined, what characteristic best describes the cost baseline?

A) Total budget for the project.
B) Time phased budget for the project.
C) Total budget for the project including the contingency budget and the management reserve.
D) Total budget for the project including the contingency budget.

2. In which project management process is the detailed project budget created?

A) Initiating.
B) Closure.
C) Planning.
D) Executing.

3. When should risk analysis be performed?

A) On a regular basis prior to and throughout the project.
B) Only when justified by the awareness of new risks becoming a possibility.
C) When preparing the project plan.
D) Just before any major meeting with the client.

4. The best way to manage the costs of change requests is to:

A) document and authorize all changes.
B) accept them verbally.
C) allow them to happen in an ad-hoc fashion.
D) impose change unilaterally.

5. Which of the following is NOT an example of cost of poor quality?

A) Warranty costs.
B) Scrap.
C) Quality training.
D) Rework.

Solutions: