Nokia PDM_2002001060 Exam (page: 6)
Nokia CPM
Updated on: 15-Feb-2026

Viewing Page 6 of 44

Which one of the following is NOT a risk?

  1. Customer might run into environmental issues with the municipality due to our product and missing ISO1 4000 certification.
  2. Oursubcontractor might charge us for the extra site visits as this particular case is not written down in our supply contract.
  3. Logistic has informed the project team that the delivery which was expected last week has not arrived yet.
  4. The acceptance criteria in the contract amendment might lead to additional effort as the wording could be misunderstood.

Answer(s): C



What is NOT a cost category based on the Nokia cost management guideline?

  1. Base costs.
  2. Resource costs.
  3. Risk contingency costs.
  4. Non conformance costs.

Answer(s): B



Who is responsible for presenting the project financial results in the project review meetings?

  1. Project Manager with support of the costand progress manager.
  2. Cost and progress manager and project controller.
  3. Cost and progress manager with support of the project manager.
  4. Project controller.

Answer(s): A



Which of these is a valid response to negative risks?

  1. Explogt.
  2. Mitigate.
  3. Enhance.
  4. Share.

Answer(s): B



In which of the following cases should a project-related cost accrual be booked at period end?

  1. There is a penalty obligation to provide the customer with free-of-charge equipment at Nokia cost.
  2. WTR bookings were not completed on time and therefore the full internal resource costs have not been booked to the project.
  3. A future obligation to incur non-conformance costs is known due to Nokia misunderstanding the project scope.
  4. A site installation was completed but the project manager was unable to internally accept this due to IPM access issues.

Answer(s): D



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