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Exam CIPS L6M5 Questions Pdf | Test L6M5 Valid
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| Topic |
Details |
| Topic 1 |
- Understand contracting for programmers: This section measures the skills of Contract Managers and focuses on comparing various contracting options for programs. It includes client-coordinated approaches, engineering procurement and construction (EPC) contracts, management contracting, and public-private partnerships. A key skill measured is the ability to evaluate different contract types effectively.
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| Topic 2 |
- Understand the role of culture on achieving program success: This section measures the skills of Organizational Development Specialists in understanding organizational culture's impact on program success. It covers identifying culture types and levels within organizations. A key skill measured is critically assessing organizational culture's influence.
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| Topic 3 |
- Understand program leadership approaches: This section measures the skills of Programme Leaders in understanding strategic cost management approaches. It covers budgetary control, value engineering, and cost transparency methods. A key skill measured is assessing strategic cost management techniques effectively.
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CIPS Strategic Programme Leadership Sample Questions (Q54-Q59):
NEW QUESTION # 54
Glitter Kitten Ltd negotiates a contract with Paw Ltd (new supplier).
Q: What pricing mechanism is best for visibility into supplier costs and margins?
Answer Options:
- A. Open-Book Costing
- B. Cost Reimbursable Contract
- C. Bottom-Up Pricing
- D. Activity-Based Costing
Answer: A
Explanation:
Open-Book Costing (p.2.1) ensures visibility into supplier costs and margins, which matches the CEO's request.
Cost Reimbursable (B) covers unknown costs, but does not provide transparency.
Bottom-Up Pricing (C) estimates project costs from smaller parts.
Activity-Based Costing (D) assigns costs per activity, but does not guarantee supplier transparency. [P.2.1]
NEW QUESTION # 55
Skipped
Which of the following statements is true of a business that operates in a 'low-context culture' country?
- A. Employees are more loyal
- B. Communication is direct and meetings are therefore shorter
- C. There is a blending of work and home life
- D. Religion is not important
Answer: B
Explanation:
Communication is direct and meetings are therefore shorter. This is from p. 182:
"In low-context cultures, communication is much more direct and explicit, which can result in shorter meetings and a reliance on rules to govern procedures." CIPS gives the UK and USA as examples of a low-context culture.
Domain: 3.2
NEW QUESTION # 56
Which of the following is an advantage to the contractor in an EPC contract arrangement?
EPC contracts provide several benefits to contractors, such as clear project scope, reduced risks, and better project management.
Answer Options:
- A. The scope is clearly defined by the client
- B. There are no subcontractors to manage
- C. The client assumes all risks for the construction
- D. There is an early completion bonus
Answer: A
Explanation:
The correct answer is 1 (p.13). The scope is clearly defined by the client, making it easier for the contractor to plan and execute the project efficiently. Option 2 is incorrect because not all EPC contracts offer an early completion bonus. Option 3 is incorrect because EPC contracts can include subcontractors. Option 4 is incorrect because risks are shared between the client and contractor. [P.13]
NEW QUESTION # 57
When is the best time to define acceptance criteria for a project?
Answer Options:
- A. As part of the Project Audit
- B. Upon completion
- C. When writing the Project Initiation Document
- D. During each milestone
Answer: C
Explanation:
Acceptance Criteria should be set before the project starts in the Project Initiation Document (PID) (p.137).
Option A is too late, as the project is already completed.
Option B is iterative, but criteria should be predefined.
Option D is for evaluation, not definition. [P.137]
NEW QUESTION # 58
Green Thumb Ltd, a landscaping company, is considering investing in a new lawn mower costing £10,000. The CFO estimates that the new machinery would increase annual income by approximately £2,000. What is the payback period of the investment?
- A. 5 years
- B. £8,000
- C. 10 years
- D. 20%
Answer: A
Explanation:
Payback period = Investment Cost ÷ Annual Cash Flow = £10,000 ÷ £2,000 = 5 years.
NEW QUESTION # 59
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