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CIPS L5M8 Sample Exam - Latest L5M8 Test Blueprint

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CIPS Project and Change Management Sample Questions (Q137-Q142):

NEW QUESTION # 137
_____ uses project characteristics in a mathematical model to estimate project costs.

A. Bottom-up estimating
B. Parametric estimating
C. Rough order of magnitude estimating
D. Analogous estimating

Answer: B

NEW QUESTION # 138
The main sections of an RFP can include the statement of work and schedule information.

A. True
B. False

Answer: A

NEW QUESTION # 139
In the MBTI, the _____ dimension relates to the manner in which you gather information.

A. Extrovert/Introvert
B. Thinking/Feeling
C. Judgement/Perception
D. Sensation/Intuition

Answer: D

NEW QUESTION # 140
_____ involves allocating the overall cost estimate to individual work items to establish a baseline for measuring performance.

A. Finalizing policies for project costs
B. Estimating costs
C. Controlling costs
D. Deining the budget

Answer: D

NEW QUESTION # 141
Payback period is the amount of time it will take to recoup, in the form of net cash inflows, the total dollars invested in a project.

A. True
B. False

Answer: A

NEW QUESTION # 142
......

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