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Nokia SDM Certification - CARE Sample Questions:
1. What is the basic cost management requirement for a CAPM?
A) Not to take any risks.
B) Know where to find the best resources.
C) Not to exceed the cost base-line.
D) Know the approval processes.
2. In which of the following situations can a company show profit at the same time as cash is decreasing?
A) When Work-in-Progress is increasing rapidly.
B) The company invoices and records sales, but the customers do not pay.
C) When Work-in-Progress is invoiced and released as cost.
D) Depreciation is much higher than amortization rates.
3. How can the Care Program Manager monitor GCC performance?
A) Via monthly report distributed by GCC Engagement Team in most regions.
B) The Resolve tool provides a report.
C) With the monthly CDB report.
D) The Care Program Coordinator provides a report.
4. Is there a need for Risk Analysis in Care?
A) No, Risk Analysis is a mandatory process in NI Project Management only.
B) Always, at every stage of Care planning and execution.
C) Only when establishing Care for the newly negotiated contract.
D) Only when needed as there is no official process.
5. Can we recognize revenue based on a Letter of Intent?
A) Yes, if a Letter of Intent is legally binding under applicable law.
B) Yes, when it is a contract renewal situation and negotiations are advancing.
C) Yes, as long as prices, scope of work and payment terms are specified.
D) Yes, if the Letter of Intent refers to the continuation of terms and conditions of the previous Care Agreement.
Solutions:
| Question # 1 Answer: C | Question # 2 Answer: B | Question # 3 Answer: A | Question # 4 Answer: B | Question # 5 Answer: A |







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