Where should NCC be planned?
A. Cost baseline (CBL).
B. Estimate to completion (ETC).
C. Nowhere - NCC is always unplanned cost.
D. Risk contingency.
How frequently is an update of the Cost Estimate at Completion required?
A. Each time there is a change in the scope of work.
B. Each time there is a change in the schedule or scope of work.
C. At least once per month, prior to period end.
D. Every quarter before PRS (Profitability Reporting System) results are published.
Nokia orders the IandC from a subcontractor. The subcon, not completely familiar with this new equipment, requires a Nokia technician to complete the service. What is the correct way to proceed?
A. The technician is immediately provided to properly support our subcontractor and quickly complete the service and enable customer acceptance and invoicing.
B. The technician will support the subcontractor only after the newly created change request is approved.
C. A new change request is created and approved by the project manager then the technician is provided to support the subcontractor; an outgoing claim to the subcontractor is applied just after the service is completed and then the internal acceptance is provided.
D. A new change request is created and approved by project manager, then the technician is provided to support the subcon; however an internal acceptance is not provided because of the incomplete service from the subcontractor.
Which of the following is NOT a consideration when determining if an extra cost is NCC?
A. Contractual share of responsibility.
B. Project risk contingency.
C. Project scope.
D. % of extra cost in relation to cost baseline (CBL).
What is the purpose of a Project Target Agreement (PTA)?
A. 1. Full or partial agreement between CT Head and respective PM on the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of tendering team.
B. 1. Agreement between PM and their line manager of the project targets relevant for short term incentive.2. PM's confirmation that he is aware of and accepts the incentive relevant project objectives.
C. 1. Agreement between the PM and the customer of the project targets and the contract terms at the start of project execution.2. Formal approval by the customer that the PM proposed by Nokia is considered acceptable.
D. 1. Full or partial agreement between tender PM and project execution PM of the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of tendering team.
Which of the following data is not available in 4C?
A. GS Costs.
B. Change requests.
C. Risk log.
D. Equipment costs.
Your customer's Care contract expired at the end of last year. No purchase orders have been received from the customer since the contract expired. How can Care service revenue be recognized in this case?
A. Revenue cannot be recognized.
B. Revenue is collected to WIP (Work In Progress) and recognized after the contract is signed.
C. Revenue is recognized based on the expired contract on a monthly basis.
D. The customer business controller decides how the revenue is recognized.
What of the following is NOT part of the root cause analysis process?
A. Gather the facts.
B. Identify the people/teams responsible for the cost overrun.
C. Escaped defect analysis.
D. Proposals for corrective/ preventive actions.
Which of the following are components of the latest estimate in PRS (Profitability Reporting System)?
A. Sales, cost of sales and gross profit.
B. Sales, volumes and cost of sales.
C. Actual results of the previous period.
D. Baseline, ETC and EAC.
Change management does NOT enable:
A. the capability to reflect changes in project ETC once the cost of changes are known.
B. proactive management of the cost impact of a change.
C. consolidated and automated GS reporting of change costs across business lines.
D. change in SAP transactions.
Nowadays, the certification exams become more and more important and required by more and more enterprises when applying for a job. But how to prepare for the exam effectively? How to prepare for the exam in a short time with less efforts? How to get a ideal result and how to find the most reliable resources? Here on Vcedump.com, you will find all the answers. Vcedump.com provide not only Nokia exam questions, answers and explanations but also complete assistance on your exam preparation and certification application. If you are confused on your PDM_2002001060 exam preparations and Nokia certification application, do not hesitate to visit our Vcedump.com to find your solutions here.