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| Section | Objectives |
|---|---|
| Product Data Creation and Management | - Data structures and governance
|
| Product Data Quality and Compliance | - Quality assurance
|
| Workflow and Process Management | - Approval and lifecycle workflows
|
| Security and Access Control | - Data security in PDM systems
|
| Product Data Management Fundamentals | - PDM Overview
|
1. Which of the following contract types places the greatest risk on the seller?
A) Cost plus incentive fee contract.
B) Firm fixed price contract.
C) Fixed price incentive contract.
D) Cost plus fixed fee contract.
2. When should NELLE be updated with customer/project data?
A) After the customer forecast is received.
B) Every STP.
C) At least once a month, before period end.
D) At quarter end.
3. What is NOT a key element for the lower level WBS structure set up in SAP from a cost and progress manager perspective?
A) Ability to execute customer orders.
B) F&C requirement.
C) Cost reporting capability for identified project scope.
D) To support IPM setup.
4. Which data can be imported directly from 4C into PPR?
A) GS cost EAC, budgeted risk, sub-contractor claims.
B) GS and MBB actual costs, materialized risk, non conformance costs, sellable additional works.
C) GS as sold cost estimate, risk contingency consumed, sellable additional works.
D) GS cost baseline, materialized risk, GS cost EAC.
5. What is the correct approach when handling extra costs of which the customer is deemed
responsible and the relevant purchase order has been received?
A) Estimate to completion updated.
B) Update estimate to completion (ETC) and update materialized costs in cost baseline.
C) Cost baseline updated.
D) Update estimate to completion (ETC) and update ordered works in cost baseline.
Solutions:
| Question # 1 Answer: B | Question # 2 Answer: C | Question # 3 Answer: B | Question # 4 Answer: C | Question # 5 Answer: D |
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