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CIPS L6M5 Reliable Dump & Free PDF Unparalleled Strategic Programme Leadership
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CIPS L6M5 Exam Syllabus Topics:
Topic
Details
Topic 1
Topic 2
Topic 3
CIPS Strategic Programme Leadership Sample Questions (Q78-Q83):
NEW QUESTION # 78
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?
Answer: C
Explanation:
A favourable variance means that the actual performance was better than expected.
NEW QUESTION # 79
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply
Answer: C,E
Explanation:
Discounted cash flow accounts for the time value of money and allows for an accurate comparison of projects with different durations.
NEW QUESTION # 80
When is the best time to define acceptance criteria for a project?
Answer Options:
Answer: B
Explanation:
Acceptance Criteria should be set before the project starts in the Project Initiation Document (PID) (p.137).
Option A is too late, as the project is already completed.
Option B is iterative, but criteria should be predefined.
Option D is for evaluation, not definition. [P.137]
NEW QUESTION # 81
Which elements define an organization's culture? (Select all that apply.)
Answer: A,B,C,D
Explanation:
Organizational culture (p.154) consists of:
Beliefs, interactions, environment, and customs.
Financial standing does not define culture, making it incorrect. [P.154]
NEW QUESTION # 82
Jerry is responsible for starting a new construction project.
His company wants to build a new Water Park on the outskirts of town.
He has prepared a Statement of Need, outlining requirements and benefits.
Senior Management has approved the project to move forward.
Q: What should be Jerry's next task?
Answer Options:
Answer: D
Explanation:
The next stage after a business justification is a Feasibility Study (p.18-19). This assesses financial viability and risks before moving forward. Concept design and project brief come after feasibility, and the construction manager is appointed much later in the process. [P.18-19]
NEW QUESTION # 83
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