Free Nokia PDM_2002001060 Exam Dumps Questions & Answers

What is the formula of the "value of risk" in the quantitative risk analysis?

• A.  The impact of risk in EUR * the probability of occurrence in %.
• B.  The risk contingency budget in EUR / the probability of occurrence in %.
• C.  The cost of transferring the risk in EUR / the probability of occurrence in %.
• D.  The cost of risk mitigation in EUR * the probability of occurrence in %.

Which of the following is an advantage of site based operations (back-to-back ordering and invoicing of site based activities):

• A.  NCC and materialized risk will only occur at a site level.
• B.  transactional processes can be automated thus reducing Logistics costs.
• C.  there will not be any additional project management overhead.
• D.  subcontractors will not have to wait for customer acceptance in order to get paid for their work.

What is the purpose of change management?

• A.  Tracking additional purchase orders for suppliers due to quality issues.
• B.  Monitoring and controlling deviations from baseline.
• C.  Tracking additional resources.
• D.  Documentation tracking.

Which document is developed along the risk management process, from identify risks through plan risk responses, to monitor and control risks?

• A.  Risk mitigation plan.
• B.  Risk decision tree.
• C.  List of risk triggers.
• D.  Risk register.

A Project is:

• A.  A temporary endeavor undertaken to create a unique product, service, or result.
• B.  A unique endeavor undertaken to create a temporary product, service, or result.
• C.  An ongoing endeavor to create repetitive products, services, or results.
• D.  A unique service undertaken to create a temporary product or results.