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SDM_2002001050 Exam Dumps - SDM Certification - NI

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Question # 4

Under what circumstances should the Project Manager include the costs associated to the execution of the Quality Management Plan in the Project Cost Baseline?

A.

Quality Management costs should not be part of the Project Cost Baseline as it is the obligation of the subcontractor to perform according to the contract.

B.

Quality Management costs should not be part of the Project Cost baseline but be entirely transferred to subcontractors that under perform.

C.

Costs associated to Quality Management should be considered only in very complex projects when the risk of quality issues cannot be fully mitigated.

D.

Quality Management Costs must be always considered in the project plan as the benefits outweigh the costs in terms of less rework, higher productivity and brings higher stakeholders satisfaction.

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Question # 5

Proposed changes from a Change Management process always require a new or revised:

A.

Cost baseline.

B.

Estimation of changes to cost, schedules and resource plan.

C.

Procurement plan.

D.

Project team organization.

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Question # 6

Which milestone(s) must be completed before invoicing?

A.

Provisional Acceptance.

B.

Final Acceptance.

C.

Internal Acceptance.

D.

It depends on the Contract.

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Question # 7

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

A.

Rollo.

B.

NEROS.

C.

IPM.

D.

NELLE.

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Question # 8

What are the two key elements to calculate the Project Cost Adherence (PCA)?

A.

Cost Overrun of the Period and Total Costs of Sales of the Period.

B.

Estimate at Completion and Cost Baseline.

C.

Actual costs compared and the Latest Estimate in PRS(Profitability Reporting System).

D.

Estimated baseline and Cost Baseline.

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