L6M5 Latest Dumps Files | New L6M5 Dumps Ppt
L6M5 Latest Dumps Files | New L6M5 Dumps Ppt
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CIPS Strategic Programme Leadership Sample Questions (Q45-Q50):
NEW QUESTION # 45
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 # 46
Which project management methodology outlines a process for closing a project?
Answer Options:
- A. Prince2
- B. Monte Carlo
- C. MRP
- D. Critical Path
Answer: A
Explanation:
Prince2 has a defined "Closing a Project" phase (p.136).
Monte Carlo (A) relates to risk analysis.
Critical Path (B) maps dependencies but does not specify closure.
MRP (C) is used for inventory planning. [P.136]
NEW QUESTION # 47
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. W1 Option
- C. Option A
- D. Z Clause
Answer: C
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 # 48
Juno is completing a Variance Analysis on the sales department's spend for the first quarter. He concludes that there is a Favourable Variance. What does this mean?
- A. the results are worse than expected
- B. the department has spent more than the allocated budget
- C. the department has more money in the budget than what they have spent so far
- D. the results are better than expected
Answer: D
NEW QUESTION # 49
Which of the following statements about liquidated damages are TRUE? Select all that apply
- A. a set figure is decided in advance
- B. the figure must be a genuine estimate of the loss
- C. specific performance is a type of liquidated damage
- D. liquidated damages can be claimed when a warranty is breached
- E. the party seeking damages must prove the actual loss in the event of a claim
Answer: A,B,D
Explanation:
The correct statements are that a set figure is decided in advance, it must be a genuine estimate of the loss, and liquidated damages can be claimed when a warranty is breached.
NEW QUESTION # 50
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