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CIPS Strategic Programme Leadership Sample Questions (Q21-Q26):
NEW QUESTION # 21
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:
Answer: C
Explanation:
The correct answer is Activity Schedule (p.60). A Gantt chart is a time-based project planning tool, typically used in Activity Schedule contracts, where payments are tied to the completion of specific tasks. Other payment methods, such as Fixed Lump Sum and Bill of Quantity, do not rely on this approach. [P.60]
NEW QUESTION # 22
At what stage in a program's lifecycle is an Investment Appraisal conducted?
Answer Options:
Answer: B
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 # 23
When should a company use redundancy to implement change?
Answer Options:
Answer: D
Explanation:
Redundancy is a strategic tool for cultural change (p.208).
Options A & B relate to cost-cutting and downsizing, not change.
Option D involves expansion, not workforce reduction. [P.208]
NEW QUESTION # 24
Which of the following processes for managing change is the most passive?
Answer: C
Explanation:
Education is considered passive as it involves simply providing information rather than enforcing change.
NEW QUESTION # 25
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:
Answer: A
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 # 26
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