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CIPS L5M8 Exam With Confidence Using Practice Dumps

Exam Code:
L5M8
Exam Name:
Project and Change Management
Vendor:
Questions:
88
Last Updated:
Aug 10, 2026
Exam Status:
Stable
CIPS L5M8

L5M8: CIPS Level 5 Advanced Diploma in Procurement and Supply Exam 2025 Study Guide Pdf and Test Engine

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Project and Change Management Questions and Answers

Question 1

Three companies have joined together to create anew legal entityto explore a new opportunity outside of their core businesses. What is the name given to this type of arrangement?

Options:

A.

joint venture

B.

partnership

C.

consortium

D.

collaboration

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Question 2

Ali is a Project Manager at a large retail organisation within the UK. He has created a project timeline and allocated a budget. However, two months into the project the UK declares a national lockdown due to an unknown virus sweeping the nation. What type of complexity is this known as?

Options:

A.

structural complexity

B.

technical complexity

C.

directional complexity

D.

temporal complexity

Question 3

The analysis of roles, relationships and interdependencies within the supply chain network requires evaluation only at the start of a project. Is this correct?

Options:

A.

yes – this allows for shared processes and pooled resources

B.

yes – it is important to analyse the supply chain network before a project commences using the RACI model

C.

no – this should be evaluated several times throughout the lifetime of the project

D.

no – there is no requirement to analyse this as it will not affect the project’s performance