CIPS L5M8 Exam Questions Instant Access - No Installation Required

Question 1

Three companies have joined together to create a new legal entity to explore a new opportunity outside of their core businesses. What is the name given to this type of arrangement?

Ajoint venture

Bpartnership

Cconsortium

Dcollaboration

Answer : A

A joint venture is specifically defined by forming a new legal entity owned by the participants for a defined purpose.

Question 2

Dependencies are the relation between tasks and dictate the order in which tasks are approached. Claudia is running a tender under the Public Contracts Regulations 2015, and there is a 10-day standstill period before she can draft the contract. What type of dependency is this?

Amandatory dependency

Bexternal dependency

Cdiscretionary dependency

Dinternal dependency

Answer : A

A mandatory dependency is legally or logically required --- in this case, the statutory 10-day ''standstill'' under public procurement law. Other types: external (outside factors), discretionary (team choice), internal (organisational processes).

Question 3

When would a company use Value Stream Mapping?

Ato ensure a project runs to timescale

Bto reduce waste

Cto map the effect of a change

Dto ensure products are value for money for the customer

Answer : B

Value Stream Mapping (VSM) charts all activities in the end-to-end flow to distinguish value-adding vs. non-value-adding steps and reduce waste in the process.

Question 4

What is a Theory-Driven Evaluation?

Aan evaluation of the motives behind the project

Ban evaluation which looks at ''lessons learned'' from the project

Can evaluation which provides quantifiable outcomes as to the success of a project

Dan evaluation which examines how and why a project succeeded/failed

Answer : D

Theory-Driven Evaluation seeks to understand the causal mechanisms --- how and why a project achieved (or failed to achieve) results --- rather than merely measuring outputs.

Question 5

In Lewin's 3 stage Change Model, which is the first stage?

Aunfreeze

Bloss

Cdenial

Ddisrupt

Answer : A

Lewin's classic model frames change as Unfreeze Change Refreeze. The first step is unfreezing, preparing the organisation/people to move away from the current state before making and stabilising the change.

Question 6

Why should objectives be incorporated into a Project Initiation Document (PID)? Select TWO

Athey motivate and provide clarity

Bthey assist in breaking the project down into discrete tasks

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

Dthey lead to increased profits

Answer : A, B

Clear objectives in the PID motivate/align the team and help decompose the work into manageable tasks. They are not ''rules,'' and financial outcomes are not guaranteed or the sole purpose.

Question 7

Which of the following are often considered the success factors for a project? Select TWO

Alarge budget

Bwell planned

Cwell-defined objectives and requirements

Dstrong management of external stakeholders

Answer : B, C

Core success factors highlighted include robust planning and clear, well-defined objectives/requirements. Projects don't inherently need large budgets to be successful, and external stakeholders may not always be central.

CIPS Project and Change Management L5M8 Exam Questions