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Nokia SDM Certification - NI Sample Questions:

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

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

2. What is the tool used by NSN to collect and communicate Demand Planning (forecast) and financial Latest Estimates (LE)?

A) NEROS.
B) Rollo.
C) NELLE.
D) IPM.

3. If the project has accepted the supplier work and updated the progress tracking tool, what is the next step for a project which is not using RTI 4.0 (Real Time Interface version 4)?

A) Logistics coordinator updates SAP with theGoods Receipt date.
B) Logistics coordinator updates SAP with the Billing Block release date.
C) Cost & Progress manager (EVM) updates SAP with the Billing Block release date.
D) Cost & Progress manager (EVM) updates SAP with the Goods Receipt date.

4. Project "A" has experienced difficulties in the deliveries of one of its key suppliers. It has been estimated by the project team that, if the supplier is one week late for the next scheduled delivery, it will cost $10,000. The probability of the supplier being late is 50 %, based on the fact that this has happened before on the project. What is the expected monetary value of this risk event occurring:

A) $5,000
B) $7,500
C) $3,500
D) $10,000

5. What does it mean if Schedule Performance Index (SPI) is greater than 1?

A) Cost Overrun as the rollout is ahead.
B) Cost Saving as the project will finish earlier.
C) That deviations in the rollout are impacting the accuracy of cost forecast negatively.
D) Very good progress as the project is ahead of schedule.

Solutions: