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Nokia CPM Sample Questions:

1. Which of these key performance indicators (KPIs) supports the identification of possible cost overruns?

A) Project asset rotation days (PARD).
B) Project cost adherence (PCA).
C) Rollout accuracy (RA).
D) Site invoice lead time (SILT).

2. The formula EV - PV provides the:

A) cost variance.
B) schedule difference.
C) schedule variance.
D) cost difference.

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

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

4. A __________ is a formal invitation to submit a price for goods and/or services as specified:

A) request for quotation.
B) request for proposal.
C) intention to bid.
D) bid response.

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 SPI value will:

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

Solutions: