Nokia PDM_2002001060 Online Access

CPM Questions and Answers

Question 13

What activity is the final stage before input of the planned project costs to 4C?

Receipt of customer purchase orders.

Revision of the equipment delivery forecast.

Updates to the rollout schedule.

Joint analysis of the planned project costs by the project manager and cost and progress manager.

Question 14

What are the two key elements to calculate the project cost adherence (PCA)?

Cost overrun of the period and total costs of sales of the period.

Estimate at completion and cost baseline.

Actual costs and the latest estimate in PRS.

Estimated baseline and cost baseline.

Question 15

A risk response which involves eliminating a threat is called:

mitigation.

deflection.

avoidance.

transfer.

Question 16

During project execution, a large number of changes are made to the project. The project manager should:

wait until all changes are known and print out a new schedule.

make approved changes as needed, but retain the schedule baseline.

make only the changes approved by management.

talk to management before any changes are made.