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Latest CIPS L6M5 Exam Vce - L6M5 Exam Topics
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| Topic |
Details |
| Topic 1 |
- 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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| 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.
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| 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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L6M5 Exam Topics, L6M5 Instant Download
We hope this article has given you a good overview of the CIPS L6M5 Exam and what you can expect from it. As always, we recommend you start preparing for your exam as early as possible to give yourself the best chance of success. ExamTorrent offers a wide range of study materials and resources to help you prepare, including practice questions, dumps, and a study guide.
CIPS Strategic Programme Leadership Sample Questions (Q74-Q79):
NEW QUESTION # 74
Which culture type is task-oriented, structured, and uses logic for decisions?
Answer Options:
- A. Reactive
- B. Linear-Active
- C. Proactive
- D. Multi-Active
Answer: B
Explanation:
A Linear-Active culture (p.176) focuses on logic, organization, and process-based decision-making.
Multi-Active (B) focuses on emotions and relationships.
Reactive (C) adapts to external changes.
Proactive (D) anticipates change, but does not define structure. [P.176]
NEW QUESTION # 75
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. No - price changes are allowed as it is impossible to predict prices concretely in advance
- 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. Yes - the contractor assumes all risks should they exceed the budget
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 # 76
What is Earned Value Analysis (EVA) in project management?
Answer Options:
- A. The value of a project, expressed as a percentage of money invested
- B. The profit or loss generated by the project thus far
- C. The amount of resources allocated to a project vs. resources available
- D. A comparison of where the project is up to vs. where it is forecasted to be
Answer: D
Explanation:
EVA compares planned vs. actual project progress (p.112). It ensures projects stay on track by measuring deviations from expectations. Option B relates to financial performance, C describes ROI, and D refers to resource allocation. [P.112]
NEW QUESTION # 77
Cyril Engineering entered into a contract with Dojo Ltd for electrical engineering services to a power station.
The contract was successful for two years, but Cyril Engineering failed to fulfill obligations recently.
Q: What is this situation known as?
Answer Options:
- A. Consequential Loss
- B. Default
- C. Damages
- D. Direct Loss
Answer: B
Explanation:
Failure to meet contractual obligations is classified as Default (p.123).
Consequential Loss (A) refers to indirect financial loss due to contract failure.
Damages (B) are legal remedies for breaches.
Direct Loss (D) relates to immediate financial impact, but default is the correct term for a failure to meet obligations. [P.123]
NEW QUESTION # 78
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 account for time delays in completing a programme
- C. to provide a buffer to the budget
- D. to account for the time value of money
- E. to ensure the correct amount of money is invested in the programme
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 # 79
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