Buy Today and Save Money with Free CIPS L6M5 Questions Updates
Buy Today and Save Money with Free CIPS L6M5 Questions Updates
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CIPS L6M5 Exam Syllabus Topics:
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CIPS Strategic Programme Leadership Sample Questions (Q40-Q45):
NEW QUESTION # 40
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. including a time-is-of-the-essence clause within the contract
- C. ensuring the contractor limits the use of subcontractors
- D. setting an accurate budget before the contract is signed
- E. ensuring the specification is correct
Answer: A,E
Explanation:
The main risks are ensuring that the specification is correct and that the requirements are accurately communicated to the contractor.
NEW QUESTION # 41
Skipped
Bruce is an entrepreneur who runs a small candle-making business that employs 10 people. He has recently completed a project outlining how he wishes to expand the business into making soaps. The project was a success, and Bruce is now feeding back to his team on what went well and what didn't go well with the project. What type of knowledge is Bruce sharing?
- A. Procedural
- B. Tacit
- C. Explicit
- D. Evaluative
Answer: B
Explanation:
Tacit knowledge is the correct answer. Of the options listed, only explicit and tacit are types of knowledge, so you can discount options C and D. The study guide states on p. 147: "Many of the lessons learned by project managers fall under the category of tacit knowledge." Domain: 2.4
NEW QUESTION # 42
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. Creating international networks
- B. Governance and ethical standards
- C. Ensuring prices remain low
- D. Raising productivity
Answer: C
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 # 43
KCJ Ltd is a public sector organisation planning five projects for the next financial year. Each project has a distinct cost estimation method and source of power for the project leader.
Your task is to match the correct cost estimation method and source of power to each project.
Project Descriptions
Project 1
Description: Budget estimation is calculated using an algorithm.
Project Lead's Power: Founder of the organisation.
Project 2
Description: The Head of R&D (PhD in Data Science) is using costing from similar past projects to determine the budget.
Project Lead's Power: Expertise in Data Science.
Project 3
Description: The project is led by a key stakeholder and involves creating a Bill of Materials. Costs are worked out item by item.
Project Lead's Power: Authority due to stakeholder influence.
Project 4
Description: The Project Leader has calculated the base cost, most likely cost, and worst-case scenario.
Project Lead's Power: Has the authority to cancel the project at any time.
Project 5
Description: The project leader is a well-liked Board Member who has selected a team he is comfortable with. He determined the budget based on his own research.
Project Lead's Power: Personal relationships with team members.
Answer:
Explanation:
NEW QUESTION # 44
Which of the following is an advantage to the contractor in an EPC contract arrangement?
EPC contracts provide several benefits to contractors, such as clear project scope, reduced risks, and better project management.
Answer Options:
- A. There is an early completion bonus
- B. There are no subcontractors to manage
- C. The scope is clearly defined by the client
- D. The client assumes all risks for the construction
Answer: C
Explanation:
The correct answer is 1 (p.13). The scope is clearly defined by the client, making it easier for the contractor to plan and execute the project efficiently. Option 2 is incorrect because not all EPC contracts offer an early completion bonus. Option 3 is incorrect because EPC contracts can include subcontractors. Option 4 is incorrect because risks are shared between the client and contractor. [P.13]
NEW QUESTION # 45
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