Quiz L6M5 - Strategic Programme Leadership High Hit-Rate Latest Test Voucher

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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 (Q59-Q64):

NEW QUESTION # 59
Fred is comparing two possible projects that will last for different durations.
His company can only select one project due to financial constraints.
He needs a method to compare the financial benefits of both projects.
Q: Is a payback analysis a useful tool for Fred to use?
Answer Options:

A. Yes - this will account for the difference in duration of the two projects
B. No - this will not account for the difference in duration of the two projects
C. No - there is no formula to calculate this, and a discount factor must be used
D. Yes - this will provide Fred with a rate of return that is useful to accurately forecast profits

Answer: A

Explanation:
A Payback Analysis (p.72) calculates how long it takes for a project to recover its initial investment. It accounts for project duration but does not provide a rate of return (Option C). Discount factors (Option D) are used in Net Present Value (NPV) analysis, not Payback Analysis. [P.72]

NEW QUESTION # 60
Foxglove Ltd has a rigid hierarchy, standardized work, and strict procedures. Employees know their roles and work quality is high.
Q: What type of culture does Foxglove Ltd have?
Answer Options:

A. Task
B. Role
C. Person
D. Power

Answer: B

Explanation:
This describes a Role Culture (p.170-175):
Clear job roles, structured hierarchy, and predictable work patterns.
Task Culture (A) focuses on project-based teams.
Power Culture (C) is centralized authority.
Person Culture (D) emphasizes individual autonomy. [P.170-175]

NEW QUESTION # 61
Manchester City Council is planning to construct a new hospital using an EPC style of contract. Which two of the following are the greatest risks to the Council?

A. accurately communicating the requirements to the contractor
B. ensuring the specification is correct
C. including a time-is-of-the-essence clause within the contract
D. setting an accurate budget before the contract is signed
E. ensuring the contractor limits the use of subcontractors

Answer: A,B

Explanation:
The main risks are ensuring that the specification is correct and that the requirements are accurately communicated to the contractor.

NEW QUESTION # 62
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

A. to accurately compare two projects which will last a different number of years
B. to ensure the correct amount of money is invested in the programme
C. to account for time delays in completing a programme
D. to account for the time value of money
E. to provide a buffer to the budget

Answer: A,D

Explanation:
Discounted cash flow accounts for the time value of money and allows for an accurate comparison of projects with different durations.

NEW QUESTION # 63
In a fixed lump sum contract, this pricing mechanism does not allow for any changes in price. Is this statement TRUE?
Fixed lump sum contracts are widely used in construction and infrastructure projects.
Answer Options:

A. Yes - the contractor assumes all risks should they exceed the budget
B. No - price variations are permitted if they are written into the contract
C. Yes - the price is fixed before the contract is signed
D. No - price changes are allowed as it is impossible to predict prices concretely in advance

Answer: B

Explanation:
Fixed Lump Sum contracts allow limited price changes under specific conditions (p.55), such as client variation requests, force majeure, or inflation adjustments. Firm Fixed Price contracts, however, do not allow any changes. [P.55]

NEW QUESTION # 64
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Quiz L6M5 - Strategic Programme Leadership High Hit-Rate Latest Test Voucher

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CIPS Strategic Programme Leadership Sample Questions (Q59-Q64):

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