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| Vendor: | CIPS |
|---|---|
| Exam Code: | L6M5 |
| Exam Name: | Strategic Programme Leadership |
| Exam Questions: | 83 |
| Last Updated: | November 21, 2025 |
| Related Certifications: | Level 6 Professional Diploma in Procurement and Supply |
| Exam Tags: | Professional Level Organizational Development Leaders |
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Which of the following pieces of information is required to create a Bill of Quantities? Select all that apply
A Bill of Quantities is based on the volume/dimensions and price of the materials. Quality and manufacturer details are typically specified elsewhere.
Green Thumb Ltd, a landscaping company, is considering investing in a new lawn mower costing 10,000. The CFO estimates that the new machinery would increase annual income by approximately 2,000. What is the payback period of the investment?
Payback period = Investment Cost Annual Cash Flow = 10,000 2,000 = 5 years.
Cactus Construction is the Principal Contractor on a housing estate project under an NEC contract. Which of the following scenarios would be a mandatory variation?
Changes to building regulations are mandatory because they are legally binding and require compliance.
A local library is contracting a construction firm to design and build a new extension using a target costing method. Which of the following statements are true about this pricing mechanism? Select all that apply
Target costing requires a collaborative relationship between the client and contractor. The other options do not accurately describe the target costing approach.
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Kathryn is considering accepting a job at a new company. She is doing some research into the company to find out if it would be a good cultural fit for her. Which of the following would be classed as an 'espoused value' of the new company?
Espoused values are what the company says is important to them. Therefore, the correct answers are B and C. This is taken from Schein's Three Levels of Culture, which you can find on p.155 of the study guide.
Options A, D, and E would be classed as Artefacts, as they express culture in terms of physical attributes.
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