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Pass the CIPS Level 5 Advanced Diploma in Procurement and Supply L5M8 Questions and answers with ExamsMirror

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Questions # 21:

Which of the following questions could be answered by arisk simulation softwaresuch asMonte Carlo?Select TWO

Options:

Questions # 22:

Leo is a well-loved middle manager at a financial organisation. He has been selected to lead a Change Project as the senior leadership team are confident that he will be able to motivate others within the company of the need for change. What type of power is Leo likely to hold?

Options:

A.

positional

B.

expert

C.

personal

D.

negative

Questions # 23:

Michael is the head of the Steering Committee at ABC Consultancy and must allocate resources to several projects. One project is suffering delays due to lack of staff. Should Michael reallocate resources to this project?

Options:

A.

yes – resources should always be allocated depending on timescales

B.

yes – all resources should be diverted to this project until it is complete

C.

no – this may increase competition and animosity between project teams

D.

no – delays are always unavoidable in project management

Questions # 24:

Why shouldobjectivesbe incorporated into aProject Initiation Document (PID)?Select TWO

Options:

A.

they motivate and provide clarity

B.

they assist in breaking the project down into discrete tasks

C.

they set strict rules about what the project can and cannot do

D.

they lead to increased profits

Questions # 25:

Tractor Ltd is a technology firm which has launched a new R&D project with the intention of creating a new software package for its clients. It is using a methodology in which changing requirements are welcomed, and team members take part in a daily meeting called a ‘scrum’ to discuss progress and issues. What type of method is being used?

Options:

A.

project diamond

B.

waterfall

C.

agile

D.

Lean

Questions # 26:

In a project, when is thetension between cost, quality, and timemost prevalent?

Options:

A.

at the beginning of the project

B.

in the event of an unforeseen change

C.

at the end of the project when reviewing the objectives

D.

when the Steering Committee is set up

Questions # 27:

Zoo Ltd uses Lean manufacturing techniques and Six Sigma in order to improve process efficiencies. What type of changes would you expect to see at this organisation?

Options:

A.

evolution

B.

adaptation(spelling corrected from “adaption”)

C.

revolution

D.

reconstruction

Questions # 28:

Cleo is a Project Manager and is drafting a set of objectives for her project. She has decided that the project must have completed stages 1 and 2before the end of the financial year. This is an example of what type of objective?

Options:

A.

achievable

B.

relevant

C.

specific

D.

time-bound

Questions # 29:

What is adisadvantageof using anevolutionary approachto change management within an organisation?

Options:

A.

change is implemented too quickly that it may fail

B.

there is a lack of immediacy which means some people will be reluctant to change

C.

there is a lack of political capital to move the change along quickly

D.

the change cannot take advantage of favourable circumstances

Questions # 30:

Leo is a well-loved middle manager at a financial organisation. He has been selected to lead a Change Project as the senior leadership team are confident that he will be able to motivate others within the company of the need for change. What type of power is Leo likely to hold?

Options:

A.

positional

B.

expert

C.

personal

D.

negative

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