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| Section | Objectives |
|---|---|
| Project Execution Systems and Tools | - SAP-based project management processes
|
| Project & Cost Management (CPM Fundamentals) | - Project Planning and Work Breakdown Structure (WBS)
|
| Site Process and Delivery Management | - Site execution planning
|
Question 1
Internal acceptance is a milestone that will trigger:
A. SAP goods receipt.
B. cost estimate to complete (ETC).
C. customer invoicing.
D. SAP billing block released.
Question 2
If the project has accepted the supplier's work and updated the progress tracking tool, what is the next step for a project which is not using real time interface version 4 (RTI 4.0)?
A. Logistics coordinator updates SAP with the billing block release date.
B. Cost & progress manager updates SAP with the goods receipt date.
C. Logistics coordinator updates SAP with the goods receipt date.
D. Cost & progress manager updates SAP with the billing block release date.
Question 3
Which of the following is NOT a type of performance measure?
A. Planned Value.
B. Estimate to complete.
C. Cost variance.
D. Earned Value.
Question 4
What are the sources of information to Profitability Reporting System (PRS) reports?
A. Goods receipt in IPM for costs and invoicing information from logistics for sales.
B. Direct input by project controller for sales and by cost and progress manager costs.
C. Nelle for planned sales & costs and SAP for actual sales & costs.
D. Demand management tool for volumes, and 4C for project cost baseline.
Question 5
Your customer's Care contract expired at the end of last year. No purchase orders have been received from the customer since the contract expired. How can Care service revenue be recognized in this case?
A. Revenue is recognized based on the expired contract on a monthly basis.
B. Revenue is collected to WIP (Work In Progress) and recognized after the contract is signed.
C. Revenue cannot be recognized.
D. The customer business controller decides how the revenue is recognized.
Solutions:
| Question 1 Answer: A | Question 2 Answer: C | Question 3 Answer: B | Question 4 Answer: C | Question 5 Answer: C |
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