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L6M5 Test Lab Questions - L6M5 Latest Exam Discount
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CIPS L6M5 Exam Syllabus Topics:
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.
Topic 2
- 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.
Topic 3
- 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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CIPS Strategic Programme Leadership Sample Questions (Q32-Q37):
NEW QUESTION # 32
Sarah is a Project Manager running a project to create a new type of shoe that is sensitive due to intellectual property issues. She is undergoing Programme Level Control. What is the purpose of Programme Level Control?
- A. to ensure the project remains a secret
- B. to track how much money the project has spent
- C. to provide additional resources to ensure the project is completed on time
- D. to ensure the project is running to the allocated budget
Answer: C
Explanation:
Programme Level Control is used to ensure that adequate resources are allocated to complete the project on time.
NEW QUESTION # 33
Scenario (same as Question 16):
In terms of the Cultural Web, which of the following impacts on staff behaviour?
- A. control systems
- B. symbols
- C. stories
- D. rituals
Answer: C
Explanation:
Stories (in the form of rumours) about the CEO affect how staff behave.
NEW QUESTION # 34
Which project management methodology outlines a process for closing a project?
Answer Options:
- A. Monte Carlo
- B. Critical Path
- C. MRP
- D. Prince2
Answer: D
Explanation:
Prince2 has a defined "Closing a Project" phase (p.136).
Monte Carlo (A) relates to risk analysis.
Critical Path (B) maps dependencies but does not specify closure.
MRP (C) is used for inventory planning. [P.136]
NEW QUESTION # 35
Juno is completing a Variance Analysis on the sales department's spend for the first quarter. He concludes that there is a Favourable Variance. What does this mean?
- A. the department has more money in the budget than what they have spent so far
- B. the results are worse than expected
- C. the department has spent more than the allocated budget
- D. the results are better than expected
Answer: D
NEW QUESTION # 36
What is the primary disadvantage of the Payback Analysis method?
Answer Options:
- A. It does not consider the time value of money
- B. It is complex
- C. It ignores the amount of money invested
- D. It does not compare different options
Answer: A
Explanation:
The Payback Method ignores the time value of money (TVM) (p.1.4).
Option A is incorrect-Payback is simple.
Option B is incorrect-it accounts for investment amounts.
Option D is incorrect-Payback can compare options, but lacks long-term financial accuracy. [P.1.4]
NEW QUESTION # 37
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