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Nokia CPM Sample Questions:

1. Which milestone(s) must always be completed before invoicing?

A) Final acceptance.
B) It depends on the contractual terms.
C) Provisional acceptance.
D) Internal acceptance.

2. What is the primary purpose of sales packages?

A) Sales packages are a method to define the services scope in customer sales, subcontracting and related management of the same across different tools.
B) Sales packages are an element in a customer contract and as such are the key input for the planning of project cash flow in the relevant tools.
C) Sales packages are a method primarily for planning quantity contract set-up in SAP P20.
D) Sales packages are an element in a customer contract and as such are the key input for the planning of project acceptance in the relevant tools.

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

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

4. What does it mean if schedule performance index (SPI) is greater than 1?

A) Deviations in the rollout are negatively impacting the accuracy of the cost forecast.
B) Cost overrun as the rollout is ahead of schedule.
C) Good progress as the project is ahead of schedule.
D) Cost saving as the project will finish earlier.

5. At a given point in time, a project has a CPI = 0.7 and SV = EUR1,000. The project is:

A) over budget and behind schedule.
B) over budget and ahead of schedule.
C) below budget and ahead of schedule.
D) below budget and behind schedule.

Solutions: