CIPS L6M5 Übungsprüfungen
Zuletzt aktualisiert am 24.04.2025- Prüfungscode: L6M5
- Prüfungsname: Strategic Programme Leadership
- Zertifizierungsanbieter: CIPS
- Zuletzt aktualisiert am: 24.04.2025
Robyn has created a contract for a construction project and has used "The Red Book."
Q: Which professional organization is responsible for creating this contract? Answer Options:
- A . JCT
- B . NEC
- C . CIPS
- D . FIDIC
A programme is a framework which allows multiple projects to be completed simultaneously. Is this TRUE?
- A . yes C projects are co-ordinated to achieve the strategic objectives of the business
- B . yes C programmes ensure that projects are viable and successful in their implementation
- C . no C a programme is a type of project which helps the business achieve its objectives
- D . no C a project is a set of programmes which are run simultaneously
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply
- A . to account for time delays in completing a programme
- B . to provide a buffer to the budget
- C . to ensure the correct amount of money is invested in the programme
- D . to account for the time value of money
- E . to accurately compare two projects which will last a different number of years
DRAG DROP
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.
Scenario (same as Question 16):
Which type of contract would be the most suitable for working with the new client?
- A . JCT
- B . FIDIC
- C . IMechE
- D . NEC
Joanne is preparing a contract for the construction of a large shopping center.
The project includes 52 retail units, several restaurants, and a parking facility.
Joanne’s company has contracted Construct Ltd under a Turnkey project.
She is using a Gantt chart as a schedule in the contract.
Q: What type of payment mechanism is being used in this contract? Answer Options:
- A . Fixed Lump Sum
- B . Bill of Quantity
- C . Activity Schedule
- D . Cost Reimbursable
What is the purpose of the Project Team at Glitter Kitten Ltd? Answer Options:
- A . Critical Path Analysis
- B . Value Engineering
- C . Contract Negotiation
- D . Supply Chain Mapping
Casper is conducting a Variance Analysis of the company’s budget.
What is its main purpose?
Answer Options:
- A . To identify which departments have overspent
- B . To identify where cost savings can be made
- C . To minimize inefficiencies
- D . To analyze whether costs are fixed or variable
In a fixed lump sum contract, this pricing mechanism does not allow for any changes in price. Is this statement TRUE?
Fixed lump sum contracts are widely used in construction and infrastructure projects.
Answer Options:
- A . Yes C the price is fixed before the contract is signed
- B . Yes C the contractor assumes all risks should they exceed the budget
- C . No C price changes are allowed as it is impossible to predict prices concretely in advance
- D . No C price variations are permitted if they are written into the contract
Which of the following statements about NEC contracts are true? Select all that apply
- A . The suite of contracts is commonly known as the Rainbow Suite
- B . The contracts are commonly used in the private sector
- C . The contracts are commonly used in the IT and financial industries
- D . The contracts are designed to be flexible and allow for a range of payment options
- E . The contracts use simple English in the present tense