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1. The foundation for successful claim management is:
A) claim strategy and understanding of contractual obligations.
B) loyalty towards customer.
C) contract change process.
D) risk contingency.
2. Post Cost calculations are NOT used to:
A) learn lessons to apply to future projects.
B) develop historical data to establish baseline for future projects.
C) punish poor performers.
D) support for ongoing bids.
3. What is the purpose of a Project Target Agreement (PTA)?
A) 1. Agreement between the PM and the customer of the project targets and the contract terms at the start of project execution.2. Formal approval by the customer that the PM proposed by Nokia is considered acceptable.
B) 1. Full or partial agreement between CT Head and respective PM on the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of tendering team.
C) 1. Full or partial agreement between tender PM and project execution PM of the project baseline and the contract terms at the end of the handover process.2. PM's formal confirmation that all relevant information from tender phase was handed over.3. Release of
tendering team.
D) 1. Agreement between PM and their line manager of the project targets relevant for short term incentive.2. PM's confirmation that he is aware of and accepts the incentive relevant project objectives.
4. In which project management process is the detailed project budget created?
A) Planning.
B) Initiating.
C) Executing.
D) Closure.
5. Who has the responsibility of maintaining subcontractor contracts in SAP?
A) Project controller.
B) Customer business controller.
C) Cost and progress manager.
D) Logistics coordinator.
Solutions:
| Question # 1 Answer: A | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: A | Question # 5 Answer: C |
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