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Nokia PDM_2002001060 Exam
CPM (Page 3 )

Updated On: 7-Feb-2026
Page 3 of 44
PDF with 213 Questions

A risk response which involves eliminating a threat is called:

  1. mitigation.
  2. defilection.
  3. avoidance.
  4. transfer.

Answer(s): C



Which of the following is NOT an example of cost of poor quality?

  1. Rework.
  2. Quality training.
  3. Scrap.
  4. Warranty costs.

Answer(s): B



What is the purpose of change management?

  1. Tracking additional resources.
  2. Tracking additional purchase orders for suppliers due to quality issues.
  3. Documentation tracking.
  4. Monitoring and controlling deviations from baseline.

Answer(s): D



What obligations towards the F&C community does the cost and progress manager have in regards to costs?

  1. F&C rely on the accuracy of costs for both SOX control points and RRB reporting.
  2. F&C rely on the accuracy of project rollout information in order to plan equipment demand in Nelle.
  3. F&C rely on the accuracy of costs for calculation of incentive payouts.
  4. Cost and progress managers are solely responsible for costs and F&C are solely responsible for revenue.

Answer(s): A



Can the project manager start a project when the cost baseline shows an expected -30% (negative) gross margin?

  1. No, as the maximum acceptable negative gross margin is -10%.
  2. Yes, as Nokia needs to fulfill its obligations and execute the project anyway.
  3. Yes, if the baseline is in line with the as sold cost estimate.
  4. Only after the baseline is approved according to the required CO LOA approval levels.

Answer(s): D






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