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Online L6M5 Version | Test L6M5 Vce Free
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Free PDF Quiz CIPS - L6M5 - Professional Online Strategic Programme Leadership Version
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CIPS L6M5 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 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 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.
CIPS Strategic Programme Leadership Sample Questions (Q34-Q39):
NEW QUESTION # 34
Salvador Ltd is a manufacturer of batteries for domestic appliances and hand tools. The company recently expanded due to excellent sales and introduced new machinery for producing solar-powered batteries.
They contracted Sunshine Ltd to build and install the machinery.
The contract specified that the machine must produce 5 batteries per hour, but currently, it is producing only 4 batteries per hour.
Salvador Ltd has agreed to work with Sunshine Ltd to resolve the issue within one month before liquidated damages apply.
Q: What stage is the project at?
Answer Options:
- A. Mechanical completion
- B. Provisional acceptance
- C. Performance testing
- D. Commercial operation
Answer: B
Explanation:
This is provisional acceptance (p.11). Salvador Ltd has accepted the machinery provisionally while Sunshine Ltd works on increasing capacity within the agreed timeframe. It is not at mechanical completion because further adjustments are needed. It is also not at performance testing since the machinery is not being tested at full capacity. Commercial operation would indicate that the project is fully completed, which it is not. [P.10-11]
NEW QUESTION # 35
Which of the following statements about liquidated damages are TRUE? Select all that apply
- A. specific performance is a type of liquidated damage
- B. the party seeking damages must prove the actual loss in the event of a claim
- C. liquidated damages can be claimed when a warranty is breached
- D. a set figure is decided in advance
- E. the figure must be a genuine estimate of the loss
Answer: C,D,E
Explanation:
The correct statements are that a set figure is decided in advance, it must be a genuine estimate of the loss, and liquidated damages can be claimed when a warranty is breached.
NEW QUESTION # 36
Joey is preparing an NEC contract for the construction of a new school.
He includes a lump-sum price of £5 million.
The contractor receives payment upon completion of specific milestones.
Q: In which section of the contract should this be detailed?
Answer Options:
- A. Option A
- B. Z Clause
- C. W1 Option
- D. X Clause
Answer: A
Explanation:
In NEC contracts, pricing mechanisms are detailed in Options A-F (p.36). W clauses handle dispute resolution, X clauses cover secondary options, and Z clauses are additional conditions. [P.36]
NEW QUESTION # 37
XYZ is a large construction organization running five different projects. Each project has a specific type of contract and pricing mechanism.
Your task is to match the correct type of contract and pricing mechanism to each project.
Projects and Descriptions
Project 1
Description: Construction of an apartment block, where XYZ is responsible for both design and construction. Upon completion, ownership is transferred to the client.
Pricing Mechanism: Based on past experience of similar projects.
Project 2
Description: Facilities management for a 6-year period after construction. The budget is constantly adjusted due to industry volatility.
Pricing Mechanism: Budget changes continuously over time.
Project 3
Description: XYZ was involved from an early stage, but does not bear the design risk. The budget resets at the start of each new accounting period.
Pricing Mechanism: The budget is refreshed periodically.
Project 4
Description: XYZ is responsible for certain parts of the design and build, while another company handles other aspects. XYZ is paid upon milestone completion.
Pricing Mechanism: Payment is milestone-based.
Project 5
Description: Construction of a new toll bridge which will be operated by XYZ for the first 6 years post-construction. The pricing includes costs of raw materials, labor, and a profit margin.
Pricing Mechanism: Costs plus profit.
Answer:
Explanation:
NEW QUESTION # 38
Spaceman Ltd's R&D team has a strong relationship with its supplier of spaceship parts.
The space exploration industry is becoming highly competitive.
The team is looking for ways to enhance profits and market share.
Q: What strategy should Spaceman Ltd use?
Answer Options:
- A. Variance Analysis
- B. Value Engineering
- C. Consortium-Based Procurement
- D. Open-Book Costing
Answer: B
Explanation:
Value Engineering (p.100) is used to optimize costs and improve profitability in competitive industries. It leverages supplier relationships to cut costs and increase value. Variance Analysis (A) is for budgeting, and Consortium Procurement (C) relates to bulk purchasing, which is not the issue here. [P.100]
NEW QUESTION # 39
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