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Lab CIPS L5M8 Questions & Valid L5M8 Test Guide

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CIPS Project and Change Management Sample Questions (Q49-Q54):

NEW QUESTION # 49
From the buyer's perspective, the _____ is the least desirable among all contracts because the supplier has no incentive to decrease costs.

A. CPFF
B. CPPC
C. CPAF
D. CPIF

Answer: B

NEW QUESTION # 50
Until the 1980s, project management primarily focused on providing _____ and resource data to top management in the military, computer, and construction industries.

A. high-end
B. top-down
C. schedule
D. time

Answer: C

NEW QUESTION # 51
Steve, an engineer in a construction company, is at present working on a home construction project. The home is being built for the Robinson family, the owners of the home. Steve is working with his project team and support staff to ensure the project is completed on time. In such a scenario, the project sponsor is _____.

A. Steve
B. the support staff
C. the Robinson family
D. the project team

Answer: C

NEW QUESTION # 52
Projects that use Six Sigma principles for quality control normally follow a five-phase improvement process called _____.

A. configuration management
B. use case modeling
C. DMAIC
D. weighted scoring model

Answer: C

NEW QUESTION # 53
Risk utility rises at a decreasing rate for a _____ person.

A. risk-seeking
B. risk-averse
C. risk-neutral
D. risk-indifferent

Answer: B

NEW QUESTION # 54
......

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