Practice L5M8 Exam Online

Question 1

Andrew is creating a SWOT analysis for his department and so far has noted the following areas; lack of direction, resource constraints and competitor advantage. Which area of the SWOT analysis has Andrew completed?

A : strengths

B : weaknesses

C : opportunities

D : threats

Answer: B

Question 2

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Which of the following will you put into box 7?

A : introduce system

B : provide transparency as to resources available

C : do not launch until resources available

D : a priori prioritisation

Answer: B

Question 3

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Which of the following will you put into box 1?

A :

political

B : reputational

C : financial

D : cyber

Answer: C

Question 4

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?

A : tolerate all risks

B : hire a project manager with low appetite for risk to balance out the risk appetite

C : set risk thresholds

D : base the company's Competitive Strategy of the Risk Appetite

Answer: C

Question 5

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Which of the following will you put into box 5?

A : survival

B : response to external environment

C : change to competitive strategy

D : new system introduced

Answer: A

Name:	ELECTIVE Project and Change Management
Exam Code:	L5M8
Certification:	Level 5 Advanced Diploma in Procurement and Supply
Vendor:	CIPS
Total Questions:	122
Last Updated:	May 16, 2024

CIPS L5M8