Valid L6M5 Test Voucher | Reliable L6M5 Test Dumps
Valid L6M5 Test Voucher | Reliable L6M5 Test Dumps
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Tags: Valid L6M5 Test Voucher, Reliable L6M5 Test Dumps, L6M5 Latest Learning Materials, L6M5 Test Sample Online, New L6M5 Practice Questions
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CIPS L6M5 Exam Syllabus Topics:
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Reliable L6M5 Test Dumps - L6M5 Latest Learning Materials
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CIPS Strategic Programme Leadership Sample Questions (Q52-Q57):
NEW QUESTION # 52
Giant Construction Company is working on five large-scale projects. Each project has a specific contract type and pricing mechanism.
Your task is to match the correct contract type and pricing mechanism to each project.
Project Descriptions
Project 1
Description: Giant is collaborating closely with the client to construct a hospital. The client has provided a cost estimate, and any savings will be shared between the parties. This contract is popular in the public sector due to its flexibility.
Project 2
Description: This suite of contracts is known as the "rainbow suite". It is rigid, meaning no changes can be made after signing. The price was fixed at the date of signing.
Project 3
Description: This international project involves the construction of wind turbines. The pricing mechanism calculates costs for each individual turbine.
Project 4
Description: The most popular form of contract in construction, utilizing a Contract Administrator to ensure timely information flow. Since the scope was not clearly defined, Giant is working with the client on a cost-sharing basis plus a small profit margin.
Project 5
Description: The project involves ICT services and software provision. Payments are linked to milestone completion during the project implementation phase.
Answer:
Explanation:
NEW QUESTION # 53
Robyn has created a contract for a construction project and has used "The Red Book." Q: Which professional organization is responsible for creating this contract?
Answer Options:
- A. NEC
- B. FIDIC
- C. CIPS
- D. JCT
Answer: B
Explanation:
The Red Book is part of the FIDIC "Rainbow Suite" of contracts (p.40). FIDIC contracts are categorized by color, each serving a specific purpose in construction and engineering projects. [P.40]
NEW QUESTION # 54
Under which style of contract is the client, rather than the construction company, responsible for the design of a building?
- A. DBO
- B. DBOO
- C. Management Contracting
- D. EPC
Answer: C
Explanation:
In Management Contracting, the client retains responsibility for the design.
NEW QUESTION # 55
Which of the following statements about liquidated damages are TRUE? Select all that apply
- A. the party seeking damages must prove the actual loss in the event of a claim
- B. liquidated damages can be claimed when a warranty is breached
- C. specific performance is a type of liquidated damage
- D. the figure must be a genuine estimate of the loss
- E. a set figure is decided in advance
Answer: B,D,E
Explanation:
The correct statements are that a set figure is decided in advance, it must be a genuine estimate of the loss, and liquidated damages can be claimed when a warranty is breached.
NEW QUESTION # 56
Scenario (same as Question 16):
Which type of contract would be the most suitable for working with the new client?
- A. FIDIC
- B. IMechE
- C. NEC
- D. JCT
Answer: C
Explanation:
The NEC contract is known for its flexibility and collaborative approach, matching the client's requirements.
NEW QUESTION # 57
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