CIPS L6M5 PDF Questions - Best Exam Preparation Strategy

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CIPS L6M5 Exam Syllabus Topics:

Topic	Details
Topic 1	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.
Topic 2	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 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.

CIPS Strategic Programme Leadership Sample Questions (Q72-Q77):

NEW QUESTION # 72
In which scenario would a Cost Reimbursable contract be most suitable?
Answer Options:

A. A construction project where raw material prices may fluctuate
B. The creation of a new product, where time is critical, and the client wishes to reward the contractor for speedy delivery
C. A research project where the exact scope of work is unknown at the onset
D. The manufacturing of food items, where the client may return raw materials that do not meet specifications

Answer: C

Explanation:
Cost Reimbursable contracts are widely used in research projects where the exact scope is uncertain (p.69). These contracts allow for flexibility in cost adjustments based on project progress. Option B describes a contract using cost-plus pricing, and Options C and D do not fit this contract model. [P.69]

NEW QUESTION # 73
Cactus Construction is the Principal Contractor on a housing estate project under an NEC contract. Which of the following scenarios would be a mandatory variation?

A. the project falls behind the plan due to staff shortages
B. changes to building regulations
C. raw material prices increase
D. the client changes their opinion on the design

Answer: B

Explanation:
Changes to building regulations are mandatory because they are legally binding and require compliance.

NEW QUESTION # 74
Petra is setting up a contract for a new construction project that must be robust with little flexibility. The contract stipulates that the client will bear the risk of unforeseen negative circumstances. Which type of contract is most suitable?

A. JCT
B. IMechE
C. FIDIC
D. NEC

Answer: C

Explanation:
FIDIC contracts are known for their robustness and low flexibility, placing risk on the client.

NEW QUESTION # 75
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

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

Answer: A,B

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

NEW QUESTION # 76
The Royal Institute of Chartered Surveyors and the Royal Institute of British Architects are two founding members of which organisation that creates contracts for the construction industry?

A. Institution of Mechanical Engineers
B. International Federation of Consulting Engineers
C. New Engineering Contract
D. Joint Contracts Tribunal

Answer: D

Explanation:
The Joint Contracts Tribunal (JCT) is the organisation with these founding members.

NEW QUESTION # 77
......

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CIPS L6M5 PDF Questions - Best Exam Preparation Strategy

L6M5 Free Pdf Guide | L6M5 Reliable Test Forum

CIPS L6M5 Exam Syllabus Topics:

CIPS Strategic Programme Leadership Sample Questions (Q72-Q77):

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