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| Vendor: | CIPS |
|---|---|
| Exam Code: | L5M8 |
| Exam Name: | Project and Change Management |
| Exam Questions: | 88 |
| Last Updated: | August 23, 2026 |
| Related Certifications: | Level 5 Advanced Diploma in Procurement and Supply |
| Exam Tags: | Advanced Level Procurement Project Managers and Change Managers |
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Lucy has just been told about a change at her company that will affect the way she conducts her job. She is currently feeling sceptical about whether this change is a good ide
a. According to the Change Cycle, which of the following stages will Lucy experience next?
The Change Cycle moves from loss doubt discomfort discovery understanding integration. Since Lucy is in the ''doubt'' phase, her next stage will be discomfort, where uncertainty and anxiety peak before adaptation begins.
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?
The guide advises defining risk thresholds---acceptable limits of exposure---based on organisational appetite. This ensures balanced risk-taking without being reckless, maintaining strategic alignment.
Andrew is creating a SWOT analysis for his department and so far has noted the following: lack of direction, resource constraints, and competitor advantage. Which area of the SWOT analysis has Andrew completed?
These are internal negative factors, classed as weaknesses in a SWOT. Strengths/weaknesses are internal; opportunities/threats are external. Competitor advantage, though external, is perceived here as a benchmark highlighting internal weakness.
Which model maps stakeholders of a project by identifying which stakeholders need to be involved, and how they are communicated with?
RACI is a project responsibility/communication tool that clarifies who is Responsible, Accountable, Consulted, and Informed for each task or decision---i.e., who's involved and how they are engaged/communicated with. Mendelow maps power/interest (not communication roles). Kraljic is a portfolio sourcing matrix. STEEPLED/PEST scans the macro-environment.
Which of the following change categories are introduced within a company in an incremental manner? Select TWO
Evolution and Adaptation both represent incremental change --- gradual, continuous improvements. In contrast, Revolution and Reconstruction are simultaneous or transformational in nature.
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