Exam Code: PDM_2002001060
Exam Name: CPM
Updated: Apr 29, 2024
Q&As: 210
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What is the correct approach when handling extra costs of which the customer is deemed responsible and the relevant purchase order has been received?
A. Cost baseline updated.
B. Update estimate to completion (ETC) and update materialized costs in cost baseline.
C. Update estimate to completion (ETC) and update ordered works in cost baseline.
D. Estimate to completion updated.
What are key components of EVM methodology?
A. Planned value, earned value and actual cost.
B. Planned cost, revenue and gross margin.
C. Baseline costs, estimate at completion and estimate to complete.
D. As sold cost estimates, baseline and EAC.
The project is delayed and according to the customer contract, Nokia is due to pay a penalty. What is the recommended approach?
A. Accept the customer penalty and apply for compensation from an insurance company.
B. Renegotiate the contract.
C. Contract change process.
D. Claim strategy and understanding of contractual obligations.
Change management does NOT enable:
A. the capability to reflect changes in project ETC once the cost of changes are known.
B. proactive management of the cost impact of a change.
C. consolidated and automated GS reporting of change costs across business lines.
D. change in SAP transactions.
What is a Project WBS?
A. Division of the project into cost centers for proper cost allocation.
B. Definition of the GICs which will be applicable to the project scope.
C. Division of the project scope into hierarchical and manageable packages of work.
D. A structure showing the product configurations.
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