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Nokia CPM Sample Questions:

1. When should lessons learned be performed?

A) During the project execution and at the conclusion of the project.
B) Only at the end of the project, during project closing.
C) After the end of the project, at the project post-mortem meeting.
D) Only when there is time available as project managers have other priorities.

2. What is the primary purpose of the accounting indicator?

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

3. Which of the following is a direct project cost?

A) Corporate office utilities.
B) Installation materials.
C) Workers compensation insurance.
D) Both corporate office utilities and workers compensation insurance.

4. Post Cost calculations are NOT used to:

A) support for ongoing bids.
B) punish poor performers.
C) learn lessons to apply to future projects.
D) develop historical data to establish baseline for future projects.

5. 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 CPI value will:

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

Solutions: