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Nokia PDM_2002001060 Exam
CPM (Page 2 )

Updated On: 7-Feb-2026
Page 2 of 44
PDF with 213 Questions

What are the 2 primary inputs for the cost baseline calculation?

  1. Subcontracted services and overhead.
  2. Subcontracted senrices and local material purchases.
  3. Costs of internal resources and costs of direct external workforce.
  4. Resources and subcontracted senrices.

Answer(s): D



The project cost management plan is created as a part of the:

  1. project management plan process.
  2. estimate costs process.
  3. determine budget process.
  4. control costs process.

Answer(s): A



To meet the requirements of the project through effective contract management, it is best to:

  1. prepare a unique contract.
  2. use standard clauses in contracts.
  3. avoid using contractual documents.
  4. mix standard and unique clauses.

Answer(s): B



Which of the following is NOT a type of performance measure?

  1. Planned Value.
  2. Earned Value.
  3. Estimate to complete.
  4. Cost variance.

Answer(s): C



As theoretically defined, what characteristic best describes the cost baseline?

  1. Total budget for the project.
  2. Time phased budget for the project.
  3. Total budget for the project including the contingency budget.
  4. Total budget for the project including the contingency budget and the management resenre.

Answer(s): B



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