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Actual L6M5 Test - Reliable L6M5 Test Syllabus
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CIPS L6M5 Exam Syllabus Topics:
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CIPS Strategic Programme Leadership Sample Questions (Q84-Q89):
NEW QUESTION # 84
Joey is preparing an NEC contract for the construction of a new school.
He includes a lump-sum price of £5 million.
The contractor receives payment upon completion of specific milestones.
Q: In which section of the contract should this be detailed?
Answer Options:
- A. X Clause
- B. Z Clause
- C. W1 Option
- D. Option A
Answer: D
Explanation:
In NEC contracts, pricing mechanisms are detailed in Options A-F (p.36). W clauses handle dispute resolution, X clauses cover secondary options, and Z clauses are additional conditions. [P.36]
NEW QUESTION # 85
At what stage in a program's lifecycle is an Investment Appraisal conducted?
Answer Options:
- A. After completion - to assess whether money was invested wisely
- B. At the initiation stage - to decide which contractor to hire
- C. During the project - to ensure that money is being well spent and the program will be delivered to schedule
- D. Before contracting - to ensure the program is viable
Answer: D
Explanation:
Investment Appraisal is performed before a program is approved (p.69). It evaluates whether the project is financially viable and likely to provide a return on investment. Option B relates to procurement, and Options C and D are post-implementation assessments. [P.69]
NEW QUESTION # 86
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. Damages
- B. Consequential Loss
- C. Default
- D. Direct Loss
Answer: C
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 # 87
A positive work culture can lead to which of the following benefits? Select all that apply
- A. lower levels of redundancy
- B. increased productivity
- C. improved performance
- D. higher levels of resistance to change
- E. higher retention
Answer: B,C,E
Explanation:
Improved performance, increased productivity, and higher retention are benefits of a positive work culture.
NEW QUESTION # 88
Fire Light Corporation has secured a contract to design a new bridge for a local council. The council wants a price set in advance but allows for minor adjustments due to unforeseen circumstances. Which pricing mechanism is most suitable?
- A. firm fixed price
- B. target costing
- C. bill of quantity
- D. fixed lump sum
Answer: D
Explanation:
A fixed lump sum contract sets the price in advance while permitting small adjustments if necessary.
NEW QUESTION # 89
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