PDF PDM_2002001060 Study Guide

CPM Questions and Answers

Question 21

The risk contingency reserve is identified in which process?

Options:

Estimate activity duration.

Estimate costs.

Determine cost baseline.

Estimate activity resources.

Question 22

What is the impact if procurement renegotiates longer payment terms with our supplier?

Options:

The project asset rotation days (PARD) will decrease.

The cash flow of the project is positively influenced.

The cash flow of the project is negatively influenced.

The project asset rotation days (PARD) will increase.

Question 23

What is the best timing to review the estimate at completion (EAC)?

Options:

Only during the planning phase, in order to anticipate all possible risks.

Only during project closure, in order to consistently explain the project results.

During the entire project lifecycle, at least once per month, and at every major change in scope.

Only when the project manager requests a review of the cost deviations.

Question 24

Your customer's Care contract expired at the end of last year. No purchase orders have been received from the customer since the contract expired. How can Care service revenue be recognized in this case?

Options:

Revenue cannot be recognized.

Revenue is collected to WIP (Work In Progress) and recognized after the contract is signed.

Revenue is recognized based on the expired contract on a monthly basis.

The customer business controller decides how the revenue is recognized.

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CPM Questions and Answers

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CompTIA

Fortinet

Microsoft

Salesforce