Free Nokia PDM_2002001060 Exam Dumps Questions & Answers

The project is not completed until:

• A.final customer acceptance is received, and any other requirements for project closure as stated in the contract are met.
• B.the lessons learned are completed.
• C.the customer indicates their satisfaction and final payment is received.
• D.the assessment of overall project performance against plan is completed.

Your project is ongoing. All partner contracts have been renegotiated and new prices (higher by 8%) came into effect immediately. If all the other circumstances in your project remain unchanged, your ETC value will:

• A.Decrease by a certain % dependent on other project costs in ETC.
• B.Decrease by 8%.
• C.Increase by a certain % dependent on other project costs in ETC.
• D.Increase by 8%.

For which of the following reasons can the cost baseline be updated?

• A.Due to cost savings.
• B.Due to delays in project execution.
• C.Due to subcontractor's price change.
• D.Due to customer driven scope change.

Which one of the following is NOT a risk?

• A.Logistic has informed the project team that the delivery which was expected last week has not arrived yet.
• B.Customer might run into environmental issues with the municipality due to our product and missing ISO14000 certification.
• C.Our subcontractor might charge us for the extra site visits as this particular case is not written down in our supply contract.
• D.The acceptance criteria in the contract amendment might lead to additional effort as the wording could be misunderstood.

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.Estimate to completion updated.
• B.Cost baseline updated.
• C.Update estimate to completion (ETC) and update materialized costs in cost baseline.
• D.Update estimate to completion (ETC) and update ordered works in cost baseline.