If the project has accepted the supplier's work and updated the progress tracking tool, what is the next step for a project which is not using real time interface version 4 (RTI 4.0)?
A. Cost and progress manager updates SAP with the billing block release date.
B. Cost and progress manager updates SAP with the goods receipt date.
C. Logistics coordinator updates SAP with the billing block release date.
D. Logistics coordinator updates SAP with the goods receipt date.
When should risk analysis be performed?
A. Just before any major meeting with the client.
B. On a regular basis prior to and throughout the project.
C. Only when justified by the awareness of new risks becoming a possibility.
D. When preparing the project plan.
What are the 2 primary inputs for the cost baseline calculation?
A. Subcontracted services and overhead.
B. Subcontracted services and local material purchases.
C. Costs of internal resources and costs of direct external workforce.
D. Resources and subcontracted services.
What are key components of EVM methodology?
A. Planned value, earned value and actual cost.
B. Planned cost, revenue and gross margin.
C. Baseline costs, estimate at completion and estimate to complete.
D. As sold cost estimates, baseline and EAC.
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 the RFQ, Define Bid Team, Create Customer Offer, Negotiate Contract, Prepare Project Plan.
C. Identify Customer Needs, Develop Solution, Prepare Commercial Offer, Negotiate Contract, Prepare PTA.
D. Receive RFQ, Develop Solution, Prepare Commercial Offer, Negotiate Contract, Prepare for Delivery.
What is the relationship between actual cost, EAC and ETC?
A. Actual cost + EAC = ETC.
B. Actual cost - EAC = ETC.
C. EAC - actual cost = ETC.
D. ETC - actual cost = EAC.
Who is responsible for closing the project (top-level WBS) and templates in SAP P20?
A. Cost and progress manager (CPM).
B. Logistics coordinator.
C. FSS.
D. Project controller.
What obligations towards the FandC community does the cost and progress manager have in regards to costs?
A. FandC rely on the accuracy of costs for both SOX control points and RRB reporting.
B. FandC rely on the accuracy of project rollout information in order to plan equipment demand in Nelle.
C. FandC rely on the accuracy of costs for calculation of incentive payouts.
D. Cost and progress managers are solely responsible for costs and FandC are solely responsible for revenue.
What is the primary target of CCR processes?
A. To reduce manual entries in related reporting.
B. To provide the capability for change control boards to better manage project deliveries.
C. To be able to proactively control and manage the related events.
D. To be able to accurately report all CCR related costs.
What is the correct approach when handling extra costs of which the customer is deemed responsible and the relevant purchase order has been received?
A. Cost baseline updated.
B. Update estimate to completion (ETC) and update materialized costs in cost baseline.
C. Update estimate to completion (ETC) and update ordered works in cost baseline.
D. Estimate to completion updated.
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