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

2. What is the purpose of the post project review?

A) To communicate the project closure and to collect and communicate lessons learned and best practices.
B) To review of how a contract is performing against the customer and LoA commitments.
C) To formally conclude all project activities including ramping down of resources, closing the project in the financial tools, and archiving project documentation.
D) To provide an overview of the project performance and to identify gaps related to planning and preparation work.

3. Which of the following is NOT a project risk management process?

A) risk response planning.
B) risk identification.
C) risk avoidance.
D) risk monitoring and control.

4. The WBS comprises several levels of decomposition of the total project. The lowest level of definition is always the:

A) planning element.
B) work package.
C) build cycle.
D) working interface.

5. What of the following is NOT part of the root cause analysis process?

A) Proposals for corrective/ preventive actions.
B) Gather the facts.
C) Escaped defect analysis.
D) Identify the people/teams responsible for the cost overrun.

Solutions: