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CIPS Strategic Programme Leadership Sample Questions (Q35-Q40):

NEW QUESTION # 35
At what stage in a program's lifecycle is an Investment Appraisal conducted?
Answer Options:

A. During the project - to ensure that money is being well spent and the program will be delivered to schedule
B. After completion - to assess whether money was invested wisely
C. At the initiation stage - to decide which contractor to hire
D. Before contracting - to ensure the program is viable

Answer: D

Explanation:
Investment Appraisal is performed before a program is approved (p.69). It evaluates whether the project is financially viable and likely to provide a return on investment. Option B relates to procurement, and Options C and D are post-implementation assessments. [P.69]

NEW QUESTION # 36
Skipped
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?

A. The company's mission statement
B. The office furnishings and dress code
C. The product slogans
D. The way people are greeted in reception
E. Company cars given to all members of the senior leadership team

Answer: A,C

Explanation:
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.
Domain: 3.1

NEW QUESTION # 37
What is Earned Value Analysis (EVA) in project management?
Answer Options:

A. The profit or loss generated by the project thus far
B. A comparison of where the project is up to vs. where it is forecasted to be
C. The value of a project, expressed as a percentage of money invested
D. The amount of resources allocated to a project vs. resources available

Answer: B

Explanation:
EVA compares planned vs. actual project progress (p.112). It ensures projects stay on track by measuring deviations from expectations. Option B relates to financial performance, C describes ROI, and D refers to resource allocation. [P.112]

NEW QUESTION # 38
Which project management methodology outlines a process for closing a project?
Answer Options:

A. Monte Carlo
B. Critical Path
C. Prince2
D. MRP

Answer: C

Explanation:
Prince2 has a defined "Closing a Project" phase (p.136).
Monte Carlo (A) relates to risk analysis.
Critical Path (B) maps dependencies but does not specify closure.
MRP (C) is used for inventory planning. [P.136]

NEW QUESTION # 39
Which of the following statements about liquidated damages are TRUE? Select all that apply

A. a set figure is decided in advance
B. the party seeking damages must prove the actual loss in the event of a claim
C. specific performance is a type of liquidated damage
D. liquidated damages can be claimed when a warranty is breached
E. the figure must be a genuine estimate of the loss

Answer: A,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 # 40
......

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