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Nokia PDM_2002001060 Exam Syllabus Topics:

SectionObjectives
Project & Cost Management (CPM Fundamentals)- Project Planning and Work Breakdown Structure (WBS)
  • 1. Scope definition and resource planning concepts
    • 2. WBS structure and project execution control
      - Cost Control and Budget Management
      • 1. Cost baseline and estimation at completion
        • 2. Cost tracking and variance analysis
          Project Execution Systems and Tools- SAP-based project management processes
          • 1. Project closing and administrative workflows
            • 2. Resource allocation and tracking modules
              Site Process and Delivery Management- Site execution planning
              • 1. Change management and reporting structure
                • 2. Acceptance milestones and invoicing triggers

                  Nokia CPM Sample Questions:

                  1. What are the defined gates in the Nokia Sales Work Flow?

                  A) Customer Selection, Go/No Go, Bid/No Bid, Approval/No Approval, Deal/No Deal, Start Delivery.
                  B) Receive RFQ, Develop Solution, Prepare Commercial Offer, Negotiate Contract, Prepare for Delivery.
                  C) Identify Customer Needs, Develop Solution, Prepare Commercial Offer, Negotiate Contract, Prepare PTA.
                  D) Receive the RFQ, Define Bid Team, Create Customer Offer, Negotiate Contract, Prepare Project Plan.


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

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


                  3. During which stage of risk planning are risks prioritized based on probability and impact?

                  A) Identify risks.
                  B) Quantitative risk analysis.
                  C) Plan risk responses.
                  D) Qualitative risk analysis.


                  4. When should the costs be recognized when utilizing IPM as part of the site process for a customer project?

                  A) When the invoice from the subcontractor is received.
                  B) When internal acceptance is granted.
                  C) When the subcontractor confirms receipt of the purchase order.
                  D) When the purchase order is created and sent to the subcontractor.


                  5. The equivalent of a cost reimbursable contract is frequently termed:

                  A) progress payment contract.
                  B) fixed price contracts.
                  C) back-charge contract.
                  D) cost plus contract.


                  Solutions:

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

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