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Nokia CPM Sample Questions:

1. What is the formula of the "value of risk" in the quantitative risk analysis?

A) The cost of transferring the risk in EUR / the probability of occurrence in %.
B) The impact of risk in EUR * the probability of occurrence in %.
C) The cost of risk mitigation in EUR * the probability of occurrence in %.
D) The risk contingency budget in EUR / the probability of occurrence in %.

2. Which document is developed along the risk management process, from identify risks through plan risk responses, to monitor and control risks?

A) Risk register.
B) List of risk triggers.
C) Risk decision tree.
D) Risk mitigation plan.

3. Which are the 3 key players in the sales phase according to the TRICORN model?

A) Sales Case Owner, CT Head and Solution Architect.
B) Sales Case owner, Customer Solution owner and Project Execution owner.
C) Solution Architect, Project Manager and Care Manager.
D) Account Manager, Project Manager and Care Manager.

4. In estimating the project costs, the best source of cost information can be obtained from:

A) historical records.
B) senior engineers.
C) senior management.
D) the customer.

5. Which of the following cost components are allocated to a non-site level WBS element?

A) Local material costs.
B) External site services (Subcontracting).
C) Global material costs.
D) Resource and project office costs.

Solutions: