PM@SIEMENS KNOWLEDGE TEST LATEST 2025-2026
EXAM UPDATE QUESTIONS AND CORRECT
ANSWERS
Quality Management - Answer-- ISO 9001-2000
- fulfill customer requirements (Conformity to Project)
- prevent NCC & obtain appropriate customer satisfactions (Quality to
Customer)
5 Elements of Quality Management - Answer-1. define quality
objectives
2. control activities to achieve objectives
3. define quality KPIs
4. preform reviews to improve
5. continuous improvement procedures for NCC prevention
QMiP - Quality Manager in Projects - Answer-- supports PM
- tailoring of PM-process for specific project
- creation of QM-plan
- implementation of quality gates
- systematic project closure w/ LL & root cause analysis (aim is to
identify & analyze success factors, NCCs, etc.)
,- *responsibility for quality is still on PM*
Short? - provides planning, controlling, assurance, & improvement for
internal & external issues
QMiP has authority to do these 3 things? - Answer-1. access all quality
relevant data
2. intervene & escalate to respective organizations
3. stop processes/suppliers/services if severe damage done to project
Quality Gate - Answer-A special milestone in a project. These are
located between those phases of a project strongly depending on the
outcome of a previous phase. It includes a formal check of the
documents of the previous phase.
Requirements Management - Answer-Getting the customer
requirements, legal/standards requirements, internal requirements, etc.,
and managed them through the whole project.
Traceability of Requirements
*Responsibility of PM*
Network diagram - Answer-schematic display of activities, events,
relationships, decisions, interdependencies
,helps optimize project logistics by ensuring on time delivery
gives ability to recognize deviations earlier in the project
Project Specific Supplier Evaluation helps... - Answer-secure necessary
project quality & reduce probability of future claims against supplier
(A&B cat.)
NCM - New Collaboration Model - Answer-Internal Regulation for
cross-border business w/ Siemens units.
- aims to *allocate the RU a profit margin* w/in range earned by similar
independent companies
- aims to support the *reduction of internal negotiation* efforts by
*standardization* & enabling RU to take responsibility for agreed
offshore/onshore portion
- aims to *avoid permanent establishments*
*Contract conditions / escalation rules prescribed @ PM040*
*Mainly impacts the SALES phase*
, *Mandatory for MOST international large projects*
Arms-length Principle - Answer-For cross-border transactions between
affiliated companies internal billing has to be done the same way, as if
done between external market
Risk Management - Answer-EXAMPLE
Risk - Fire in production hall
Probability - 20%
Damage - $1 mil
Risk Value - $200k
Measures - reduce probability (forbid smoking), minimize damage
(place fire extinguishers)
AFTER MEASURES
Risk - Fire in production hall
Probability - 12%
Damage - $100k
Risk Value - $12k (*= RISK CONTIGENCY*)
Completed Contract Method (CoCo) - Answer-recognition of revenue
for a long-term contract when the project is complete.
EXAM UPDATE QUESTIONS AND CORRECT
ANSWERS
Quality Management - Answer-- ISO 9001-2000
- fulfill customer requirements (Conformity to Project)
- prevent NCC & obtain appropriate customer satisfactions (Quality to
Customer)
5 Elements of Quality Management - Answer-1. define quality
objectives
2. control activities to achieve objectives
3. define quality KPIs
4. preform reviews to improve
5. continuous improvement procedures for NCC prevention
QMiP - Quality Manager in Projects - Answer-- supports PM
- tailoring of PM-process for specific project
- creation of QM-plan
- implementation of quality gates
- systematic project closure w/ LL & root cause analysis (aim is to
identify & analyze success factors, NCCs, etc.)
,- *responsibility for quality is still on PM*
Short? - provides planning, controlling, assurance, & improvement for
internal & external issues
QMiP has authority to do these 3 things? - Answer-1. access all quality
relevant data
2. intervene & escalate to respective organizations
3. stop processes/suppliers/services if severe damage done to project
Quality Gate - Answer-A special milestone in a project. These are
located between those phases of a project strongly depending on the
outcome of a previous phase. It includes a formal check of the
documents of the previous phase.
Requirements Management - Answer-Getting the customer
requirements, legal/standards requirements, internal requirements, etc.,
and managed them through the whole project.
Traceability of Requirements
*Responsibility of PM*
Network diagram - Answer-schematic display of activities, events,
relationships, decisions, interdependencies
,helps optimize project logistics by ensuring on time delivery
gives ability to recognize deviations earlier in the project
Project Specific Supplier Evaluation helps... - Answer-secure necessary
project quality & reduce probability of future claims against supplier
(A&B cat.)
NCM - New Collaboration Model - Answer-Internal Regulation for
cross-border business w/ Siemens units.
- aims to *allocate the RU a profit margin* w/in range earned by similar
independent companies
- aims to support the *reduction of internal negotiation* efforts by
*standardization* & enabling RU to take responsibility for agreed
offshore/onshore portion
- aims to *avoid permanent establishments*
*Contract conditions / escalation rules prescribed @ PM040*
*Mainly impacts the SALES phase*
, *Mandatory for MOST international large projects*
Arms-length Principle - Answer-For cross-border transactions between
affiliated companies internal billing has to be done the same way, as if
done between external market
Risk Management - Answer-EXAMPLE
Risk - Fire in production hall
Probability - 20%
Damage - $1 mil
Risk Value - $200k
Measures - reduce probability (forbid smoking), minimize damage
(place fire extinguishers)
AFTER MEASURES
Risk - Fire in production hall
Probability - 12%
Damage - $100k
Risk Value - $12k (*= RISK CONTIGENCY*)
Completed Contract Method (CoCo) - Answer-recognition of revenue
for a long-term contract when the project is complete.
