L5M8 CIPS Project and Change Management exact Exam Questions

Project and Change Management

Last Update 7 hours ago Total Questions : 88

The Project and Change Management content is now fully updated, with all current exam questions added 7 hours ago. Deciding to include L5M8 practice exam questions in your study plan goes far beyond basic test preparation.

You'll find that our L5M8 exam questions frequently feature detailed scenarios and practical problem-solving exercises that directly mirror industry challenges. Engaging with these L5M8 sample sets allows you to effectively manage your time and pace yourself, giving you the ability to finish any Project and Change Management practice test comfortably within the allotted time.

Question # 4

Which of the following is a benefit for an organisation of joining a consortium? Select TWO

it creates a new legal entity, thus reducing risk for the organisation

it requires no capital outlay

members are able to win bigger contracts that wouldn’t otherwise have been available

it may result in additional risk of exposure to liability

Question # 5

What is the purpose of completing a Project Review at the end of a project? Select TWO

to assign blame for areas that did not go well

for team members to reflect on what they learned during the project

to understand long-term changes the project might create

to satisfy a demand from senior leadership

Question # 6

The Critical Chain Methodology of project management removes what from a project in order to improve efficiencies?

redundant resources including personnel

buffer time in task stages

budget constraints

number of tasks

Question # 7

The influence of the supply chain network can enable an organisation to benefit from increased absorptive capacity . What is meant by 'absorptive capacity'?

agility within the organisation to respond quickly to change

the capability to deal with fluctuations in prices

the capacity to work with a larger volume of supply network partners

the ability to apply new information and add value to the organisation

Question # 8

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?

evolution

adaptation (spelling corrected from “adaption”)

revolution

reconstruction

Question # 9

Derek is a Project Manager at Dandelion Ltd and is beginning the project initiation phase of a new project looking into the creation of a new product line. He is creating a business case for senior leadership. Should Derek include within this risks and concerns he has about the potential failure of the project?

yes – it is important that senior management are aware of the risks and a contingency plan is included

yes – all projects have financial risks associated with them and senior management must be aware of this

no – the project initiation should focus on the value-add objectives of the project

no – the project initiation focuses on the “why” of the project and should present a business case for completing the project

Question # 10

A florist is introducing a new electronic ordering system that will reduce staff numbers. The Managing Director is anticipating staff reactions. Which of the following stages of the Change Cycle will staff likely experience first? Select TWO

acceptance

discovery

loss

discomfort

doubt