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L5M8 Valid Test Cost - L5M8 Training Courses

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CIPS L5M8 Exam Syllabus Topics:

Topic
Details

Topic 1

Understand the concept of organisational change and how it can be achieved: This section of the exam measures skills of Change Management Specialists and covers the core concepts and types of organisational change, including evolutionary, adaptive, revolutionary, and reconstructive change. It examines how internal and external factors such as SWOT and PEST analyses, innovation, and management restructuring, drive transformation. Learners evaluate how organisations respond to change, including resistance, skepticism, and the need to maintain progress during turbulent environments. It also addresses methods for managing and sustaining change through communication, empowerment, incremental adjustments, and lean methodologies, while distinguishing between hard and soft change processes.

Topic 2

Understand aspects of projects in organisations: This section of the exam measures the skills of Procurement Project Managers and covers the fundamental aspects that influence how projects operate within organisations. It explores the distinction between programmes and projects, stakeholder management, and how key measures such as cost, quality, and delivery impact project success. Candidates also study factors leading to project success or failure, work breakdown structures, and how project structures and resources align with supply chain relationships. It further includes understanding sub-contracting, consortiums, and project partnerships, as well as analysing project resources through scheduling, technology systems, and financial management. The section concludes with the project life cycle, from initiation and implementation to closure and review.

Topic 3

Understand approaches to the planning and management of projects and change initiatives: This section of the exam measures the skills of Strategic Operations Managers and covers the planning and governance frameworks necessary for effective project and change management. It includes corporate governance structures such as project boards, reporting systems, and initiation documents. Learners examine common project objectives that balance cost, quality, and time while promoting sustainability and community impact. Additionally, this section delves into risk management approaches, including identification, simulation, and accountability within supply chains. It concludes with an analysis of planning methodologies such as sequencing, network analysis, PERT, CPM, and the use of Gantt charts to ensure efficient project execution and control.

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CIPS Project and Change Management Sample Questions (Q20-Q25):

NEW QUESTION # 20
In project time management, which of the following processes primarily involve identifying and documenting the relationships between project activities?

A. Estimating activity durations
B. Sequencing activities
C. Planning schedule management
D. Defining activities

Answer: B

NEW QUESTION # 21
The influence of the supply chain network can enable an organisation to benefit from increasedabsorptive capacity. What is meant by 'absorptive capacity'?

A. the ability to apply new information and add value to the organisation
B. agility within the organisation to respond quickly to change
C. the capacity to work with a larger volume of supply network partners
D. the capability to deal with fluctuations in prices

Answer: A

Explanation:
Absorptive capacityis the organisation's ability torecognise, assimilate, and apply new knowledgefrom external partners to improve performance and add value.
Reference:CIPS L5M8 Study Guide, p.29.

NEW QUESTION # 22
In aGantt chart, a project is broken down into what?

A. project risks and mitigations
B. time periods and what activity is completed when
C. activities and who is responsible for each
D. budgets and budget owners

Answer: B

Explanation:
AGantt chartvisually maps activities againsttimeto show sequencing and overlap of tasks. It's used for scheduling, tracking progress, and identifying dependencies.
Reference:CIPS L5M8 Study Guide, p.227.

NEW QUESTION # 23
When would a company use Value Stream Mapping?

A. to ensure products are value for money for the customer
B. to reduce waste
C. to ensure a project runs to timescale
D. to map the effect of a change

Answer: B

Explanation:
Value Stream Mapping (VSM)charts all activities in the end-to-end flow to distinguishvalue-adding vs.
non-value-addingsteps andreduce wastein the process.
Reference:CIPS L5M8 Study Guide, p.147.

NEW QUESTION # 24
Claude is a manager at Sunnyside Ltd and wishes to run a small project in the procurement department. The project will initiate a small incremental change and will have a short timescale. Because of the size of the project Claude doesn't believe he will need to assign an Executive to the project. Is this correct?

A. no - an Executive should still be assigned and communicate regularly
B. yes - executives are only required for long-term projects
C. yes - executives are only required for high-profile or far-reaching projects
D. no - Claude is the Executive of the project

Answer: A

Explanation:
The guide emphasises thatan Executive role should still be assigned and engaged even on small/simple projects, maintaining communication with the Project Manager; they are jointly the most important roles.
Reference:CIPS L5M8 Study Guide, p.162.

NEW QUESTION # 25
......

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