When must the change management process be initiated?
A. When there is a significant change in the scope of the project.
B. When the customer sends a formal request for additional scope of work.
C. When the CT head acknowledges that the customer will accept negotiation of the changes in the scope of the contract.
D. Whenever the project execution requires services or materials different from those agreed in the contractual scope of work.
During the post cost calculation, the review of the subcontracting costs:
A. determines the payment of current invoices and incentive bonuses.
B. is used as an input to cost estimation for similar scope on future projects.
C. establishes the contracted costs for future projects.
D. establishes the required work standards for the subcontractor in future.
The project manager is only authorized to place orders to vendors:
A. if the CT Head gives instruction for the order.within the guidelines and definitions documented in the project procurement plan.if he has received a written offer from the supplier.using SAP or other Nokia approved tools.
B. within the LOA approved scope of the project.within the guidelines and definitions documented in the project procurement plan.using suppliers which have been approved for this specific project and have a valid frame contract.using SAP or other Nokia approved tools.
C. after Gate 6 of the Nokia sales process.if the PM has informed the procurement organization.using suppliers which have been approved for this specific project and have a valid frame contract.sending PO through e-mail or fax to the supplier.
D. within the LOA approved scope of the project.within the guidelines and definitions documented in the project procurement plan.using suppliers with a good reputation and a good personal relationship with the project manager.sending PO through e-mail or fax to the supplier.
What is NOT a cost component based on the Nokia cost management guideline?
A. Resource costs.
B. Subcontracting costs.
C. Material costs.
D. Non conformance costs.
What is the purpose of change management?
A. Tracking additional resources.
B. Tracking additional purchase orders for suppliers due to quality issues.
C. Documentation tracking.
D. Monitoring and controlling deviations from baseline.
The project is delayed and according to the customer contract, Nokia is due to pay a penalty. What is the recommended approach?
A. Accept the customer penalty and apply for compensation from an insurance company.
B. Renegotiate the contract.
C. Contract change process.
D. Claim strategy and understanding of contractual obligations.
What is Gross Profit?
A. Gross sales minus discounts and penalties.
B. Net sales minus cost of goods sold.
C. Gross sales minus all operating costs.
D. Gross sales minus gross costs.
Which of the following is NOT a project risk management process?
A. risk monitoring and control.
B. risk identification.
C. risk avoidance.
D. risk response planning.
In which of the following cases should a project-related cost accrual be booked at period end?
A. There is a penalty obligation to provide the customer with free-of-charge equipment at Nokia cost.
B. WTR bookings were not completed on time and therefore the full internal resource costs have not been booked to the project.
C. A future obligation to incur non-conformance costs is known due to Nokia misunderstanding the project scope.
D. A site installation was completed but the project manager was unable to internally accept this due to IPM access issues.
The Resource Breakdown Structure (RBS) is a:
A. hierarchical structure of the identified resources.
B. database showing the competences of the assigned resources.
C. breakdown of scope by assigned resources.
D. output of the process activity sequencing.
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