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1. Nokia orders the I&C from a subcontractor. The subcon, not completely familiar with this new equipment, requires a Nokia technician to complete the service. What is the correct way to proceed?
A) A new change request is created and approved by the project manager then the technician is provided to support the subcontractor; an outgoing claim to the subcontractor is applied just after the service is completed and then the internal acceptance is provided.
B) The technician will support the subcontractor only after the newly created change request is approved.
C) The technician is immediately provided to properly support our subcontractor and quickly complete the service and enable customer acceptance and invoicing.
D) A new change request is created and approved by project manager, then the technician is provided to support the subcon; however an internal acceptance is not provided because of the incomplete service from the subcontractor.
2. One example of a benefit of an effective claim management process is:
A) visibility of financial impact of possible penalties.
B) no claim related risks in the project risk log.
C) clause for liquidated damages in the customer contract.
D) elimination of all claims.
3. What should be done to ensure that the entire scope of work of the project is included in our planning?
A) Create a scope statement.
B) Create a risk management plan.
C) Create a work breakdown structure (WBS).
D) Create a contingency plan.
4. What is NOT a cost category based on the Nokia cost management guideline?
A) Resource costs.
B) Risk contingency costs.
C) Base costs.
D) Non conformance costs.
5. In which of the following cases should a project-related cost accrual be booked at period end?
A) A site installation was completed but the project manager was unable to internally accept this due to IPM access issues.
B) WTR bookings were not completed on time and therefore the full internal resource costs have not been booked to the project.
C) There is a penalty obligation to provide the customer with free-of-charge equipment at Nokia cost.
D) A future obligation to incur non-conformance costs is known due to Nokia misunderstanding the project scope.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: A | Question # 3 Answer: C | Question # 4 Answer: A | Question # 5 Answer: A |
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