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PDM_2002001060 Exam Dumps - CPM

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Question # 17

One example of a benefit of an effective claim management process is:

A.

no claim related risks in the project risk log.

B.

visibility of financial impact of possible penalties.

C.

elimination of all claims.

D.

clause for liquidated damages in the customer contract.

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Question # 18

A project risk is a(n) __________ event or condition that, if it occurs, has a ___________ effect on at least one project objective:

A.

certain. negative or positive.

B.

uncertain. negative and positive.

C.

uncertain. negative or positive.

D.

unknown. neither negative nor positive.

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Question # 19

What is the relationship between sales items (SI's) and service orders in the care contract?

A.

An SvO can have multiple SI's, but an SI line in the care contract can have only one SvO.

B.

There is no relationship or connection between SIs and SvOs in the care contract.

C.

An SvO can have only one SI, and an SI line in the care contract can have only one SvO.

D.

An SvO can have only one SI, but an SI line in the care contract can have multiple SvOs.

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Question # 20

When should lessons learned be performed?

A.

During the project execution and at the conclusion of the project.

B.

Only at the end of the project, during project closing.

C.

After the end of the project, at the project post-mortem meeting.

D.

Only when there is time available as project managers have other priorities.

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Question # 21

What transactions still can be done after the project financial closure?

A.

Services can be accepted.

B.

Charges against the project.

C.

Invoice processing.

D.

No transactions.

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Question # 22

Which of the following are key components of a Site Process?

A.

Acceptance milestones, share of responsibilities and invoicing triggers.

B.

Change management process and communication plan.

C.

Master schedule, WBS and rollout plan.

D.

Work Packages, WBS and invoicing triggers.

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Question # 23

What is the impact if procurement renegotiates longer payment terms with our supplier?

A.

The project asset rotation days (PARD) will decrease.

B.

The cash flow of the project is positively influenced.

C.

The cash flow of the project is negatively influenced.

D.

The project asset rotation days (PARD) will increase.

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Question # 24

A structured approach which promotes positive project cash flow, limits the financial risk and addresses identified issues regarding the delivery of the contracted work and related execution KPIs. This best describes which of the following?

A.

Site process.

B.

Payment process.

C.

Cost management process.

D.

Acceptance process.

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