CIPS L6M5 WEB-BASED PRACTICE TEST QUESTIONS

CIPS L6M5 Web-Based Practice Test Questions

CIPS L6M5 Web-Based Practice Test Questions

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CIPS L6M5 Exam Syllabus Topics:

TopicDetails
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.

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CIPS Strategic Programme Leadership Sample Questions (Q10-Q15):

NEW QUESTION # 10
Glitter Kitten Ltd is considering two expansion options. The CEO wants a quick analysis and uses the Payback Method.
Q: What financial metric is the leadership team using for expansion?
Answer Options:

  • A. Bank rate
  • B. Interest rate
  • C. Return rate
  • D. Discount rate

Answer: D

Explanation:
Net Present Value (NPV) calculations require a discount rate (p.1.4).
Bank rate (B) relates to loans, not investment decisions.
Interest rate (C) applies to borrowing, not profitability.
Return rate (D) is not the main NPV metric. [P.1.4]


NEW QUESTION # 11
Under which style of contract is the client, rather than the construction company, responsible for the design of a building?

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

Answer: D

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


NEW QUESTION # 12
Petra is setting up a contract for a new construction project that must be robust with little flexibility. The contract stipulates that the client will bear the risk of unforeseen negative circumstances. Which type of contract is most suitable?

  • A. IMechE
  • B. JCT
  • C. NEC
  • D. FIDIC

Answer: D

Explanation:
FIDIC contracts are known for their robustness and low flexibility, placing risk on the client.


NEW QUESTION # 13
Danger Incorporated is estimating the costs for a new project called the Ninja Project using an algorithm based on the project's scope, duration, and complexity. What type of cost estimate is being used?

  • A. bottom-up
  • B. parametric
  • C. analogous
  • D. expert judgement

Answer: B

Explanation:
Using an algorithm based on key parameters is characteristic of a parametric cost estimate.


NEW QUESTION # 14
A local library is contracting a construction firm to design and build a new extension using a target costing method. Which of the following statements are true about this pricing mechanism? Select all that apply

  • A. the contractor is a price setter
  • B. any cost savings will be enjoyed by the library
  • C. this form of contract requires a collaborative relationship
  • D. a target cost will ensure the contractor works competitively against the library to ensure costs remain low and their profit margin remains high

Answer: C

Explanation:
Target costing requires a collaborative relationship between the client and contractor. The other options do not accurately describe the target costing approach.


NEW QUESTION # 15
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