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CIPS L6M5 - First-grade Guaranteed Strategic Programme Leadership Questions Answers

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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 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.

CIPS Strategic Programme Leadership Sample Questions (Q47-Q52):

NEW QUESTION # 47
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. Yes - this will provide Fred with a rate of return that is useful to accurately forecast profits
B. No - this will not account for the difference in duration of the two projects
C. No - there is no formula to calculate this, and a discount factor must be used
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 # 48
What is the primary disadvantage of the Payback Analysis method?
Answer Options:

A. It ignores the amount of money invested
B. It does not consider the time value of money
C. It does not compare different options
D. It is complex

Answer: B

Explanation:
The Payback Method ignores the time value of money (TVM) (p.1.4).
Option A is incorrect-Payback is simple.
Option B is incorrect-it accounts for investment amounts.
Option D is incorrect-Payback can compare options, but lacks long-term financial accuracy. [P.1.4]

NEW QUESTION # 49
Jane works at a manufacturing organisation based in Europe. The organisation has recently decided to open a new factory in a South-East Asian country and Jane is to head up the project to launch the new factory. She has decided to fly out to the new site ahead of opening to do some research into the local culture and assess how the differences in culture may impact upon the company as a whole. The CFO of Jane's company thinks that this is a bad idea and a waste of money. Should Jane go?

A. no - the CFO is correct that this would be a waste of money because Jane does not speak the local language
B. yes - understanding the local culture will be important in incorporating the new site into the company
C. yes - Jane should take advantage of the free trip to learn the language
D. no - it is racist to assume that the culture is different

Answer: B

Explanation:
Understanding the local culture is crucial for integrating the new factory and ensuring the project's success.

NEW QUESTION # 50
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 # 51
"Persuasion should be a last resort in cultural change." Is this statement true?
Answer Options:

A. No - persuasion should be planned before implementing change
B. No - persuasion is not useful in large cultural shifts
C. Yes - persuasion should be linked to an implicit or perceived threat
D. Yes - persuasion should only be used after coercion has failed

Answer: A

Explanation:
Persuasion is one of the best tools for cultural change (p.204).
Option A is incorrect-persuasion should not involve threats.
**Option B is incorrect-persuasion should be the first approach, not the last.
Option D is incorrect-persuasion is highly effective in large-scale change. [P.204]

NEW QUESTION # 52
......

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