Which of the following is important to include in the acceptance procedure?
A. Definition of detailed scope of works, subcontractor pricing elements and unambiguous definition of acceptance criteria and related documentation and other evidence.
B. Clear procedure of how and in what timeline acceptance is required to be given, related triggers, unambiguous definition of acceptance criteria and related documentation and other evidence.
C. Definition of detailed scope of works, customer invoicing and pricing elements, unambiguous definition of acceptance criteria and related documentation and other evidence.
D. Clear procedure of how and in what timeline acceptance is required to be given, related triggers, risk management plan, and back-to-back customer and vendor contracts.
What is the best demonstration that you are in control of your financial processes?
A. You can always explain the cost deviations.
B. You do not exceed the total CBL, even though some services business lines have exceeded their respective baselines.
C. There are no large deviations between forecast and actual costs.
D. You delegate completely to the project controller.
Which KPI can assist the project manager in the analysis of a Gross Margin deviation?
A. Project asset rotation days (PARD).
B. Rollout accuracy (RA).
C. Project Cost Adherence (PCA).
D. Telecom Implementation Lead Time (TILT).
What is the relationship between a Business Case and a Project?
A. A business case and a project will always have a one-to-one relationship.
B. A business case can contain a number of CAPEX and OPEX projects.
C. A project can contain a number of business cases.
D. A business case can contain a number of CAPEX projects but not OPEX projects.
The risk contingency reserve is identified in which process?
A. Estimate activity duration.
B. Estimate costs.
C. Determine cost baseline.
D. Estimate activity resources.
Internal acceptance is a milestone that will trigger:
A. SAP billing block released.
B. SAP goods receipt.
C. customer invoicing.
D. cost estimate to complete (ETC).
What is the required action when a project is being delayed for 6 weeks due to problems in the infrastructure to be provided by the customer?
A. Make an extension on the allocation of the resources in your project.
B. Reduce resources in order to minimize impact to the project costs.
C. Revise risk response plan and trigger the change management process.
D. Ask logistics to cancel equipment orders.
What is the impact if procurement renegotiates longer payment terms with our supplier?
A. The project asset rotation days (PARD) will decrease.
B. The cash flow of the project is positively influenced.
C. The cash flow of the project is negatively influenced.
D. The project asset rotation days (PARD) will increase.
The purpose of the project management processes are to:
A. initiate, plan, execute, monitor and control, and close a project.
B. save as much money for the customer as possible.
C. satisfy the stakeholders and sponsors.
D. show the project manager that he is in charge.
Who is primarily accountable for maintaining the data in IPM?
A. Process and tools specialist.
B. Cost and progress manager.
C. Implementation manager.
D. Project Manager.
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