QUESTION: 101

What is the correct approach when handling extra costs of which the customer is deemed responsible and the relevant purchase order has been received?

Cost baseline updated.
Update estimate to completion (ETC) and update materialized costs in cost baseline.
Update estimate to completion (ETC) and update ordered works in cost baseline.
Estimate to completion updated.

Answer(s): C

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QUESTION: 102

The WBS comprises several levels of decomposition of the total project. The lowest level of definition is always the:

build cycle.
planning element.
working interface.
work package.

Answer(s): D

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QUESTION: 103

What is the purpose of a Project Target Agreement (PTA)?

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.
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.
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.
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.

Answer(s): A

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QUESTION: 104

Priorto contract signing, the project manager is required to set up the PBM plan and quality gate process. Ifthere is no ERP, how should the project manager charge their time?

To an approved pre-sales WTR code based on the SWF/CRM ID, as no PO is yet received.
To an approved project planning and initiation cost SvO.
To an SvO for an existing related project as it is not worthwhile to create an SvO forthis small actMty.
The PM should not be working on these actMties prior tothe contract being signed.

Answer(s): B

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