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L6M5 exam braindumps: Strategic Programme Leadership & L6M5 study guide
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CIPS L6M5 Exam Syllabus Topics:
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High-quality L6M5 Relevant Answers & Leader in Qualification Exams & Complete CIPS Strategic Programme Leadership
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CIPS Strategic Programme Leadership Sample Questions (Q72-Q77):
NEW QUESTION # 72
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. No - this will not account for the difference in duration of the two projects
- B. No - there is no formula to calculate this, and a discount factor must be used
- C. Yes - this will provide Fred with a rate of return that is useful to accurately forecast profits
- D. Yes - this will account for the difference in duration of the two projects
Answer: D
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 # 73
Giant Construction Company is working on five large-scale projects. Each project has a specific contract type and pricing mechanism.
Your task is to match the correct contract type and pricing mechanism to each project.
Project Descriptions
Project 1
Description: Giant is collaborating closely with the client to construct a hospital. The client has provided a cost estimate, and any savings will be shared between the parties. This contract is popular in the public sector due to its flexibility.
Project 2
Description: This suite of contracts is known as the "rainbow suite". It is rigid, meaning no changes can be made after signing. The price was fixed at the date of signing.
Project 3
Description: This international project involves the construction of wind turbines. The pricing mechanism calculates costs for each individual turbine.
Project 4
Description: The most popular form of contract in construction, utilizing a Contract Administrator to ensure timely information flow. Since the scope was not clearly defined, Giant is working with the client on a cost-sharing basis plus a small profit margin.
Project 5
Description: The project involves ICT services and software provision. Payments are linked to milestone completion during the project implementation phase.
Answer:
Explanation:
NEW QUESTION # 74
Paradigm Digital Services has strict office rules on branding, workspaces, and dress code.
Q: Which aspect of the Cultural Web does this describe?
Answer Options:
- A. Rituals
- B. Power structure
- C. Symbols
- D. Control systems
- E. Organizational structure
Answer: C
Explanation:
Symbols (p.169) include logos, dress codes, and office layout.
Control Systems (C) refer to rules and procedures.
Rituals (D) are traditions and routines.
Power Structure (E) involves decision-making hierarchy. [P.169]
NEW QUESTION # 75
Which of the following processes for managing change is the most passive?
- A. persuasion
- B. bribery
- C. coercion
- D. education
Answer: D
Explanation:
Education is considered passive as it involves simply providing information rather than enforcing change.
NEW QUESTION # 76
Scenario (same as Question 16):
In terms of the Cultural Web, which of the following impacts on staff behaviour?
- A. rituals
- B. stories
- C. symbols
- D. control systems
Answer: B
Explanation:
Stories (in the form of rumours) about the CEO affect how staff behave.
NEW QUESTION # 77
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