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L5M8

The document contains a series of questions and answers related to Project and Change Management, specifically focusing on concepts like absorptive capacity, managing subcontractors, types of change, and risk management. Each question is followed by the correct answer and an explanation referencing specific pages from a study guide. It covers various topics including SWOT analysis, project sequencing, and stakeholder representation in project management.
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0% found this document useful (0 votes)
223 views11 pages

L5M8

The document contains a series of questions and answers related to Project and Change Management, specifically focusing on concepts like absorptive capacity, managing subcontractors, types of change, and risk management. Each question is followed by the correct answer and an explanation referencing specific pages from a study guide. It covers various topics including SWOT analysis, project sequencing, and stakeholder representation in project management.
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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CIPS

L5M8
ELECTIVE Project and Change Management
QUESTION & ANSWERS

https://www.dumps4less.com/L5M8-dumps-pdf.html
QUESTION: 1

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

Option A : agility within the organisation to respond quickly to change

Option B : the capability to deal with fluctuations in prices

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

Option D : the ability to apply new information and add value to the organisation

Correct Answer: D

Explanation/Reference:

4 is the correct definition - this is from p.29. It's basically the absorbing of new ideas and ways of working that makes the

business better.

QUESTION: 2

Ian is a Project Manager for a large construction project involving the building of a new hospital. A complex
supply network is involved which includes the use of several subcontractors. Which of the following would be
the best method for dealing with subcontractors for this project?

Option A : involve subcontractors early on in the planning stage

Option B : focus on price and have a transactional relationship with subcontractors

Option C : ensure all communication with subcontractors is via the tier one suppliers rather than Ian

Option D : closely manage subcontractors by using KPIs and holding regular team meetings with them

Correct Answer: A

Explanation/Reference:

1 is the correct answer- this is from p.32 pf the study guide: 'early involvement of subcontractors can be helpful, especially to

ensure clarity of expectations and communication of the project plan'. Option 2 is incorrect, Harmann and Caerteling say that

doing this will harm trust levels (p.33). Option 3 is incorrect as it leaves Ian with no visibility. Option 4 is incorrect as

performance of subcontractors is the responsibility of the Tier1 contractors - Ian will not have time / capacity to monitor ALL

suppliers performance and hold meetings with everyone.

https://www.dumps4less.com/L5M8-dumps-pdf.html
QUESTION: 3

The prediction of tomorrow's weather is considered to be which type of change situation?

Option A : closed change

Option B : contained change

Option C : open-ended change

Option D : certain change

Correct Answer: B

Explanation/Reference:

This is an example of contained change. This is when you can say with some degree of probability what might happen. Closed

change is when you know 100% what the result will be, and open-ended change is when it's impossible to guess what the

result of change will be. With weather, we've got satellites and historical data to base predictions on, so it is a contained

change. See p. 101

QUESTION: 4

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?

Option A : positional

Option B : expert

Option C : personal

Option D : negative

Correct Answer: C

Explanation/Reference:

This is personal power- he is well-loved. Personal power comes from your personal traits and qualities. The 4 types of power are

explained on p.139 but basically positional = based on your role, expert = based on your knowledge and negative = based on

https://www.dumps4less.com/L5M8-dumps-pdf.html
your ability to disrupt the change.

QUESTION: 5

Which of the following is an international standard for Social Responsibility?

Option A : ISO26000

Option B : ISO27000

Option C : Social Value Act

Option D : Ethical Trading Initiative

Correct Answer: A

Explanation/Reference:

ISO 26000 is for social responsibility and covers 7 core subjects; organisational governance, human rights, labour practices,

environment, fair operating practices, consumer issues, community involvement and development.

QUESTION: 6

Bob is the CEO of a fast-growing electronics company. Bob has a high risk appetite and this is reflected
within the company culture. Which of the following would be the best approach to manage risk at this
company?

Option A : tolerate all risks

Option B : hire a project manager with low appetite for risk to balance out the risk appetite

Option C : set risk thresholds

Option D : base the company's Competitive Strategy of the Risk Appetite

Correct Answer: C

Explanation/Reference:

Risk thresholds should be set to ensure a balanced, and not reckless, approach is taken to the management of risk. This is from

p. 205

https://www.dumps4less.com/L5M8-dumps-pdf.html
QUESTION: 7

Which of the
following will you put into box 5?

Option A : survival

Option B : response to external environment

Option C : change to competitive strategy

Option D : new system introduced

Correct Answer: A

Explanation/Reference:

The correct answers are as follows:

https://www.dumps4less.com/L5M8-dumps-pdf.html
QUESTION: 8

Which of the
following will you put into box 7?

https://www.dumps4less.com/L5M8-dumps-pdf.html
Option A : introduce system

Option B : provide transparency as to resources available

Option C : do not launch until resources available

Option D : a priori prioritisation

Correct Answer: B

Explanation/Reference:

The correct answers are as follows:

QUESTION: 9

Ali is a Project Manager at a large retail organisation within the UK. He has created a project timeline and
allocated a budget. However 2 months into the project the UK declares a national lockdown due to an
unknown virus sweeping the nation. This, naturally, complicates Ali's project, but what type of complexity is
this known as?

Option A : structural complexity

Option B : technical complexity

Option C : directional complexity

Option D : temporal complexity

Correct Answer: D

https://www.dumps4less.com/L5M8-dumps-pdf.html
Explanation/Reference:

This is a temporal complexity. This means the 'outcome of a turbulent environment' or changing environmental conditions.

Covid is an excellent example of a temporal complexity. All 4 types of complexity are detailed on p.55. This area could come

up as a drag and drop question too so worth looking at in detail. Structural= complexity in the components of the project,

feedback loops, how project is organised etc. Technical = when you're unsure exactly HOW to complete the project. Directional

= when the project scope isn't clearly defined.

QUESTION: 10

Andrew is creating a SWOT analysis for his department and so far has noted the following areas; lack of
direction, resource constraints and competitor advantage. Which area of the SWOT analysis has Andrew
completed?

Option A : strengths

Option B : weaknesses

Option C : opportunities

Option D : threats

Correct Answer: B

Explanation/Reference:

This is weaknesses. These are negative attributes and are internal to the business. Threats would be external from the

business and include new entrants, changing regulations and customer attitudes. See p. 107. The following is important to

remember for the exam: strengths and weaknesses are internal to the business, opportunities and threats are external- you

may get a question that says stuff like what does a SWOT include and options such as 'internal threats' and 'external threats'-

you'll know which ones are the right answers because according to a SWOT analysis there's no such thing as an internal threat.

Threats are always external in SWOT.

QUESTION: 11

In a large construction project where there are many stakeholders, which of the following groups would you
expect to see represented on the Project Board? Select TWO

Option A : Senior Employees

Option B : Senior Users

https://www.dumps4less.com/L5M8-dumps-pdf.html
Option C : Senior Suppliers

Option D : Senior Buyers

Correct Answer: B,C

Explanation/Reference:

Senior Users and Senior Suppliers is correct. P. 162: "if the project is large and complex, the senior users and suppliers can

form groups representing those affected by the project and it's outputs; a user advisory board and a supplier advisory board.

These groups sit on the project board."

QUESTION: 12

Raincoat Incorporated is running a project with two major activities. Activity 1 will start on the 1st January
and finish on the 1st June. Activity 2 will start just before the completion of Activity 1, so approximately the
15th may (providing there is no delays) and run until 31st December. What type of sequencing is being used
by Raincoat Incorporated?

Option A : finish to start with lag

Option B : finish to start with lead

Option C : start to finish with lag

Option D : start to finish with lead

Correct Answer: B

Explanation/Reference:

This is finish to start with lead. Lead means activity 2 has a 'lead in' time so will slightly overlap with activity 1. Lag means

there is a gap between the two activities where nothing is getting done. Finish to start means that the finish of Activity 1

signals the start of Activity 2. This is the case in the question. Start to finish is very rare and means the first activity must start

before the second activity finishes. Sequencing is a bit of a difficult one to get your head around - so don't worry if you got this

question wrong. See p. 220 for a recap if you need it.

QUESTION: 13

https://www.dumps4less.com/L5M8-dumps-pdf.html
Which of the
following will you put into box 1?

Option A : political

Option B : reputational

Option C : financial

Option D : cyber

Correct Answer: C

Explanation/Reference:

The correct answers are as follows:

https://www.dumps4less.com/L5M8-dumps-pdf.html
https://www.dumps4less.com/L5M8-dumps-pdf.html

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