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Pass Guaranteed 2025 Efficient L6M5: Review Strategic Programme Leadership Guide
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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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CIPS Strategic Programme Leadership Sample Questions (Q16-Q21):
NEW QUESTION # 16
Fred is comparing two possible projects that will last for different durations.
His company can only select one project due to financial constraints.
He needs a method to compare the financial benefits of both projects.
Q: Is a payback analysis a useful tool for Fred to use?
Answer Options:
- A. Yes - this will provide Fred with a rate of return that is useful to accurately forecast profits
- B. Yes - this will account for the difference in duration of the two projects
- C. No - this will not account for the difference in duration of the two projects
- D. No - there is no formula to calculate this, and a discount factor must be used
Answer: B
Explanation:
A Payback Analysis (p.72) calculates how long it takes for a project to recover its initial investment. It accounts for project duration but does not provide a rate of return (Option C). Discount factors (Option D) are used in Net Present Value (NPV) analysis, not Payback Analysis. [P.72]
NEW QUESTION # 17
Which of the following statements about investment appraisal techniques are true? (Select all that apply.) Answer Options:
- A. Internal Rate of Return (IRR) can be used with Net Present Value (NPV)
- B. Non-discounted cash flow methods focus on profit maximization
- C. Return on Capital Employed (ROCE) is expressed as a percentage of the value of assets used to generate profit
- D. Payback analysis ignores cash flow after the business recovers its costs
Answer: A,C,D
Explanation:
Option B is correct - ROCE is expressed as a percentage (p.87).
Option C is correct - Payback Analysis only considers the break-even point (p.83).
Option D is correct - IRR and NPV are often used together (p.82).
Option A is incorrect - Profit maximization is not the primary focus of non-discounted cash flow methods. [P.82-87]
NEW QUESTION # 18
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. stories
- B. symbols
- C. rituals
- D. control systems
- E. artifacts
Answer: A,B,C,D
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 # 19
Green Thumb Ltd, a landscaping company, is considering investing in a new lawn mower costing £10,000. The CFO estimates that the new machinery would increase annual income by approximately £2,000. What is the payback period of the investment?
- A. 10 years
- B. £8,000
- C. 20%
- D. 5 years
Answer: D
Explanation:
Payback period = Investment Cost ÷ Annual Cash Flow = £10,000 ÷ £2,000 = 5 years.
NEW QUESTION # 20
Below are descriptions of five companies in the UK. Each company has a unique organisational culture and a key Cultural Web Influence that shapes its structure and operations.
Your task is to match the correct type of organisational culture and cultural web influence to each company.
Company Descriptions
Company 1
Description: Authority is centred around the founder. There are strict financial systems and a reward/bonus scheme for meeting targets.
Company 2
Description: Employees operate independently and often bring in their own clients. There is a strong corporate identity and branding.
Company 3
Description: Strict hierarchy determines salary and job titles. The organisation is described as bureaucratic and follows stringent rules.
Company 4
Description: Employees work in small teams or individually on projects. There is a strong emphasis on weekly team meetings where tasks for the upcoming week are discussed.
Company 5
Description: Authority is held by senior leadership who make all decisions. There are few rules, and culture is reinforced by storytelling about past successes.
Answer:
Explanation:
NEW QUESTION # 21
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