Free CIPS L5M8 Exam - Exam L5M8 Tutorial
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CIPS L5M8 Exam Syllabus Topics:
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CIPS Project and Change Management Sample Questions (Q13-Q18):
NEW QUESTION # 13
Profits may be defined as:
- A. revenues minus expenditures
- B. revenues plus expenses
- C. costs plus revenues
- D. expenses plus net income
Answer: A
NEW QUESTION # 14
A cost estimation tool which involves estimating individual work items or activities and summing them to get a project total is known as a(n) _____ estimate.
- A. bottom-up
- B. parametric
- C. budgetary
- D. analogous
Answer: A
NEW QUESTION # 15
Which of the following is an example of an exogenous disruption that stimulates the requirement for change within an organisation?
- A. change of management
- B. increase in tax rate
- C. company restructure
- D. pressure to increase revenue
Answer: B
Explanation:
Anexogenousdriver of change originatesoutsidethe organisation. Atax rate increaseis an external policy change; the other options are internal.
Reference:CIPS L5M8 Study Guide, p.104.
NEW QUESTION # 16
In which of the following contracts does the buyer pay the supplier for allowable performance costs along with a predeined percentage based on total costs?
- A. FPIF
- B. CPPC
- C. CPAF
- D. CPIF
Answer: B
NEW QUESTION # 17
Freeman defines six stakeholder categories who are able to influence the success of a project.Select THREE
- A. suppliers
- B. creditors
- C. government
- D. owners
- E. managers
Answer: A,D,E
Explanation:
Freeman's typology identifies categories such asowners,managers,employees,suppliers,customers, and local communityas primary stakeholders with influence. From the list provided,owners, suppliers, managers align with that set.
Reference:CIPS L5M8 Study Guide, p.5.
NEW QUESTION # 18
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