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New L6M5 Test Sample, L6M5 Exam Overview

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CIPS L6M5 Exam Syllabus Topics:

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.

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 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 (Q66-Q71):

NEW QUESTION # 66
Skipped
Kathryn is considering accepting a job at a new company. She is doing some research into the company to find out if it would be a good cultural fit for her. Which of the following would be classed as an 'espoused value' of the new company?

A. The way people are greeted in reception
B. The product slogans
C. Company cars given to all members of the senior leadership team
D. The company's mission statement
E. The office furnishings and dress code

Answer: B,D

Explanation:
Espoused values are what the company says is important to them. Therefore, the correct answers are B and C. This is taken from Schein's Three Levels of Culture, which you can find on p.155 of the study guide.
Options A, D, and E would be classed as Artefacts, as they express culture in terms of physical attributes.
Domain: 3.1

NEW QUESTION # 67
Fire Light Corporation has secured a contract to design a new bridge for a local council. The council wants a price set in advance but allows for minor adjustments due to unforeseen circumstances. Which pricing mechanism is most suitable?

A. firm fixed price
B. bill of quantity
C. fixed lump sum
D. target costing

Answer: C

Explanation:
A fixed lump sum contract sets the price in advance while permitting small adjustments if necessary.

NEW QUESTION # 68
Jake is running a tender exercise to find a new supplier for his manufacturing organisation. He is seeking fixed pricing for goods over the next 2 years. Which of the following are advantages of using fixed pricing? Select all that apply.

A. fixed pricing means Jake will benefit from decreases in price if the supplier's costs reduce
B. fixed pricing means bidders will provide a lower quote
C. fixed pricing makes forecasting easier
D. fixed pricing simplifies the bidding process
E. fixed pricing is likely to lead to less tensions between the two parties in the long run

Answer: C,D,E

Explanation:
Fixed pricing makes forecasting easier, simplifies the bidding process, and can reduce tensions between the parties. It typically does not lead to lower quotes or share cost savings with the buyer.

NEW QUESTION # 69
Which of the following is NOT a benefit or function of a professional body?
Professional bodies are established organizations that promote industry standards, ethical conduct, and professional development.
Answer Options:

A. Raising productivity
B. Ensuring prices remain low
C. Governance and ethical standards
D. Creating international networks

Answer: B

Explanation:
Professional bodies do NOT control pricing in the industry, as this would be market interference. Governance, productivity improvements, and networking are valid functions. [P.31]

NEW QUESTION # 70
What is the purpose of a Project Audit?
Answer Options:

A. To assess project requirements
B. To ensure the budget is managed effectively
C. To present findings to senior leadership
D. To review financial and performance status after completion

Answer: D

Explanation:
A Project Audit (p.141) occurs post-completion to assess:
Financial health
Performance evaluation
Lessons learned
It is not a planning tool (Option B), nor is it for active budget management (A) or solely for senior leadership (C). [P.141]

NEW QUESTION # 71
......

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Jay Ward Jay Ward

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