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CIPS L6M5 Exam Syllabus Topics:
Topic
Details
Topic 1
- 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 2
- 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 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 (Q79-Q84):
NEW QUESTION # 79
Which of the following statements about liquidated damages are TRUE? Select all that apply
- A. the figure must be a genuine estimate of the loss
- B. liquidated damages can be claimed when a warranty is breached
- C. the party seeking damages must prove the actual loss in the event of a claim
- D. specific performance is a type of liquidated damage
- E. a set figure is decided in advance
Answer: A,B,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 # 80
Glitter Kitten Ltd CEO applies the Payback Analysis for expansion.
Investment: £50m
Annual returns: £10m
Q: What is the payback period?
Answer Options:
- A. 5 years
- B. 1 year
- C. 50 years
- D. 10 years
Answer: A
Explanation:
Payback period formula:
Investment (£50m) ÷ Annual inflow (£10m) = 5 years. [P.1.4]
NEW QUESTION # 81
Casper is conducting a Variance Analysis of the company's budget. What is its main purpose?
Answer Options:
- A. To minimize inefficiencies
- B. To analyze whether costs are fixed or variable
- C. To identify which departments have overspent
- D. To identify where cost savings can be made
Answer: A
Explanation:
A Variance Analysis (p.95) compares planned vs. actual budget and identifies inefficiencies to enhance financial performance. Option A focuses only on overspending, B on cost-cutting, and D on categorizing costs rather than improving efficiency. [P.95]
NEW QUESTION # 82
Cyril Engineering entered into a contract with Dojo Ltd for electrical engineering services to a power station.
The contract was successful for two years, but Cyril Engineering failed to fulfill obligations recently.
Q: What is this situation known as?
Answer Options:
- A. Default
- B. Consequential Loss
- C. Damages
- D. Direct Loss
Answer: A
Explanation:
Failure to meet contractual obligations is classified as Default (p.123).
Consequential Loss (A) refers to indirect financial loss due to contract failure.
Damages (B) are legal remedies for breaches.
Direct Loss (D) relates to immediate financial impact, but default is the correct term for a failure to meet obligations. [P.123]
NEW QUESTION # 83
Jake is running a tender exercise to find a new supplier for his manufacturing organisation. He is seeking fixed pricing for goods over the next 2 years. Which of the following are advantages of using fixed pricing? Select all that apply.
- A. fixed pricing means bidders will provide a lower quote
- B. fixed pricing means Jake will benefit from decreases in price if the supplier's costs reduce
- C. fixed pricing makes forecasting easier
- D. fixed pricing simplifies the bidding process
- E. fixed pricing is likely to lead to less tensions between the two parties in the long run
Answer: C,D,E
Explanation:
Fixed pricing makes forecasting easier, simplifies the bidding process, and can reduce tensions between the parties. It typically does not lead to lower quotes or share cost savings with the buyer.
NEW QUESTION # 84
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