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PDM_2002001060 Exam Results

CPM Questions and Answers

Question 9

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

Options:

A.

F&C rely on the accuracy of costs for both SOX control points and RRB reporting.

B.

F&C rely on the accuracy of project rollout information in order to plan equipment demand in Nelle.

C.

F&C rely on the accuracy of costs for calculation of incentive payouts.

D.

Cost and progress managers are solely responsible for costs and F&C are solely responsible for revenue.

Question 10

When a Customer Contract is not yet signed and a purchase order has not yet been received, in which circumstances can a service be subcontracted?

Options:

A.

If the value of the purchase order does not exceed the approved cost baseline.

B.

If an early ramp-up project (ERP) is approved.

C.

If the subcontractor agrees to receive their PO later, after the customer PO is issued.

D.

If there is a formal approval from the Project Manager.

Question 11

Which is not a factor in choosing a subcontractor?

Options:

A.

Complexity of requirements.

B.

Price competition.

C.

Competency.

D.

Personal relationship with management.

Question 12

The product line is unable to meet a software release committed timeline. Due to this delay, resources dedicated to the installation need to remain available for an additional month. Additionally, the project will be liable to pay penalties based on contract conditions. How should these extra costs be reported?

Options:

A.

Extra resources cost which will be booked via SvO with an accounting indicator relevant for resources caused NCC (Pre- or Post-P8), and penalties will be booked via SVO with an accounting indicator relevant for execution.

B.

Extra resources cost which will be booked via SvO with an accounting indicator relevant for product caused NCC (Pre- or Post-P8), and penalties will be part of the claim log.

C.

Both costs will be booked via SvO with an accounting indicator relevant for product caused NCC (Pre- or Post-P8).

D.

Both costs will be booked via SvO with an accounting indicator relevant for resources caused NCC.