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CIPS Strategic Programme Leadership Sample Questions (Q82-Q87):

NEW QUESTION # 82
Josh is the son of the CEO of a law firm and has recently been hired as a trainee attorney, following his graduation from University. He has been with the company for three months and middle management often invite him to meetings that other trainee attorneys are not invited to. What type of power does he have that would explain this?

• A. expert power
• B. positional power
• C. negative power
• D. personal power

Answer: B

Explanation:
Josh's access is due to his family connection, which is an example of positional power.

 

NEW QUESTION # 83
Liability limitation often focuses on which of the following types of loss, which is said to be the most unpredictable and most significant in the case of a default on a contract?

• A. direct
• B. repudiatory
• C. anticipatory
• D. consequential

Answer: D

Explanation:
Consequential loss is considered the most unpredictable and significant, hence it is often the focus of liability limitations.

 

NEW QUESTION # 84
Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

• A. to provide a buffer to the budget
• B. to account for time delays in completing a programme
• C. to accurately compare two projects which will last a different number of years
• D. to account for the time value of money
• E. to ensure the correct amount of money is invested in the programme

Answer: C,D

Explanation:
Discounted cash flow accounts for the time value of money and allows for an accurate comparison of projects with different durations.

 

NEW QUESTION # 85
Which of the following pieces of information is required to create a Bill of Quantities? Select all that apply

• A. price of material
• B. volume of materials used
• C. dimensions of materials
• D. quality of materials
• E. manufacturer of material

Answer: A,B,C

Explanation:
A Bill of Quantities is based on the volume/dimensions and price of the materials. Quality and manufacturer details are typically specified elsewhere.

 

NEW QUESTION # 86
In which scenario would a Cost Reimbursable contract be most suitable?
Answer Options:

• A. The manufacturing of food items, where the client may return raw materials that do not meet specifications
• B. The creation of a new product, where time is critical, and the client wishes to reward the contractor for speedy delivery
• C. A research project where the exact scope of work is unknown at the onset
• D. A construction project where raw material prices may fluctuate

Answer: C

Explanation:
Cost Reimbursable contracts are widely used in research projects where the exact scope is uncertain (p.69). These contracts allow for flexibility in cost adjustments based on project progress. Option B describes a contract using cost-plus pricing, and Options C and D do not fit this contract model. [P.69]

 

NEW QUESTION # 87
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