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Nokia SDM Certification - NI Sample Questions:

1. What is never included in the cost estimate during the bid phase?

A) 3rd party software support fees.
B) Risk mitigation costs.
C) Cost for project management.
D) Standard production costs.

2. What is NOT a risk response strategy?

A) Accept.
B) Report.
C) Avoid.
D) Transfer.

3. What is the definition of NI Risk Management ?

A) ...to avoid risks that would damage the desired grow in sales andprofitably while taking all opportunities to positively influence customer satisfaction.
B) ...to take risks that will enable NSN to profitably grow the business while having a thorough understanding of the risks and responses required for its success.
C) ...to maximize the probability and consequences of positive events and minimize the probability and consequences of adverse events to project objectives.
D) ...to manage risks that will enable NSN to profitably grow the business while having a basic understanding of the risks and responses required.

4. As far as project meetings are concerned which of the following statements is correct?

A) I'm organising regular project team meetings to keep the project team fully informed about the project's progress at a detailed level and to check if any re-planning and/or modification of the project plan is required.
B) I'm organising regular project team meetings in order to have a feeling about the progress of the different streams in my project.
C) Due to cost saving measures I only organise project team meetings if major changes in scope or timeline occur from customer side.
D) In the regularly organised project team meetings my major focus is to check the performance of the project team members.

5. What are the main responsibilities of the Cost & Progress Manager (EVM)?

A) Cost control and monitoring, doing regular reviews with the Project Manager.
B) To issue the Purchase Orders in atimely manner to subcontractors.
C) to prepare the Baseline independently and present to PM for approval prior to project start.
D) That invoices aretimely processed andto avoid delays to subcontractor payments.

Solutions: