RELIABLE CIPS L6M5 EXAM VOUCHER, L6M5 LATEST EXAM EXPERIENCE

Reliable CIPS L6M5 Exam Voucher, L6M5 Latest Exam Experience

Reliable CIPS L6M5 Exam Voucher, L6M5 Latest Exam Experience

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CIPS L6M5 Exam Syllabus Topics:

TopicDetails
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 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 3
  • 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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CIPS Strategic Programme Leadership Sample Questions (Q74-Q79):

NEW QUESTION # 74
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

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

Answer: B,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 # 75
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. A comparison of where the project is up to vs. where it is forecasted to be
  • D. The amount of resources allocated to a project vs. resources available

Answer: C

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 # 76
Juno is completing a Variance Analysis on the sales department's spend for the first quarter. He concludes that there is a Favourable Variance. What does this mean?

  • A. the department has spent more than the allocated budget
  • B. the results are worse than expected
  • C. the results are better than expected
  • D. the department has more money in the budget than what they have spent so far

Answer: C

Explanation:
A favourable variance means that the actual performance was better than expected.


NEW QUESTION # 77
Under which style of contract is the client, rather than the construction company, responsible for the design of a building?

  • A. DBOO
  • B. EPC
  • C. DBO
  • D. Management Contracting

Answer: D

Explanation:
In Management Contracting, the client retains responsibility for the design.


NEW QUESTION # 78
What is the purpose of the Project Team at Glitter Kitten Ltd?
Answer Options:

  • A. Contract Negotiation
  • B. Supply Chain Mapping
  • C. Value Engineering
  • D. Critical Path Analysis

Answer: C

Explanation:
The team focuses on product quality and cost reduction, which defines Value Engineering (p.2.1).
Option A (CPA) is a scheduling tool.
Option C (Negotiation) focuses on contracts, not product quality.
Option D (SCM) is supply chain optimization, not product design. [P.2.1]


NEW QUESTION # 79
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