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Exam L6M5 Price & Latest L6M5 Exam Topics

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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.

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Latest L6M5 Exam Topics - L6M5 Exam Questions Vce

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CIPS Strategic Programme Leadership Sample Questions (Q27-Q32):

NEW QUESTION # 27
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

A. to account for the time value of money
B. to accurately compare two projects which will last a different number of years
C. to ensure the correct amount of money is invested in the programme
D. to account for time delays in completing a programme
E. to provide a buffer to the budget

Answer: A,B

Explanation:
Discounted cash flow accounts for the time value of money and allows for an accurate comparison of projects with different durations.

NEW QUESTION # 28
Which of the following is an advantage to the contractor in an EPC contract arrangement?
EPC contracts provide several benefits to contractors, such as clear project scope, reduced risks, and better project management.
Answer Options:

A. The client assumes all risks for the construction
B. The scope is clearly defined by the client
C. There are no subcontractors to manage
D. There is an early completion bonus

Answer: B

Explanation:
The correct answer is 1 (p.13). The scope is clearly defined by the client, making it easier for the contractor to plan and execute the project efficiently. Option 2 is incorrect because not all EPC contracts offer an early completion bonus. Option 3 is incorrect because EPC contracts can include subcontractors. Option 4 is incorrect because risks are shared between the client and contractor. [P.13]

NEW QUESTION # 29
Why might a Public Sector Organisation use a PPP style of contract to build a new police station? Select ALL that apply.

A. due to not having the budget to complete the construction themselves
B. there is less administration involved
C. it is a legal requirement as it shows value for money
D. to ensure the highest quality of work
E. to monetise under-performing assets

Answer: A,E

Explanation:
PPP contracts are used when budgets are tight and to monetise under-performing assets. They are not mandated by law nor do they inherently ensure high quality or less administration.

NEW QUESTION # 30
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:

A. Project brief - creating a list of technical requirements
B. Feasibility study - looking in-depth at options available
C. Concept design - outlining how the water park would look and operate
D. Appointment of a construction manager to manage the project

Answer: B

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 # 31
Which of the following aspects of culture make up the 'paradigm of the working environment' according to Gerry Johnson and Kevan Scholes? Select all that apply

A. symbols
B. stories
C. rituals
D. artifacts
E. control systems

Answer: A,B,C,E

Explanation:
Stories, rituals, symbols, and control systems are part of the Cultural Web. The other two aspects of the Cultural Web (organisational structure and power structure) are not listed here.

NEW QUESTION # 32
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