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Free PDM_2002001060 Exam Braindumps (page: 22)

Page 21 of 54
PDF with 213 Questions

Post Cost calculations are NOT used to:

  1. punish poor performers.
  2. develop historical data to establish baseline forfuture projects.
  3. learn lessons to apply to future projects.
  4. support for ongoing bids.

Answer(s): A



What are the sources of information to Profitability Reporting System (PRS) reports?

  1. Nelle for planned sales & costs and SAP for actual sales & costs.
  2. Demand management tool for volumes, and 4C for project cost baseline.
  3. Direct input by project controller for sales and by cost and progress manager costs.
  4. Goods receipt in IPM for costs and invoicing information from logistics for sales.

Answer(s): A



What is the definition of project Risk Management?

  1. To manage risks that will enable Nokia to profitably grow the business, while having a basic understanding of the risks and responses required.
  2. To take risks that will enable Nokia to profitably grow the business while having a thorough understanding of the risks and responses required for its success.
  3. To avoid risks that would damage the desired growth in sales and profitability while taking all opportunities to positively influence customer satisfaction.
  4. To maximize the probability and consequences of positive events and minimize the probability and consequences of adverse events to project objectives.

Answer(s): D



The project team has received the LoA approved risk log, which is the basis for the cost baseline risk contingency. During project execution a new relevant risk is identified.
What is the best wayto manage it?

  1. Evaluate the risk impact and probability, update Risk Log, revise ETC, NCC cost accordingly, and if required trigger LoA process.
  2. If the new risk is not part of the current risk log, than it must be part of a change management process and not be included in the contingency reserve.
  3. Evaluate the impact and probability and, if needed, make a revision of the contingency reserve in the cost baseline and in the EAC, and communicate to the relevant stakeholders.
  4. Define the Response plan for the new eisk and apply it.

Answer(s): A






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