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Free CIPS L5M8 Practice Exam with Questions & Answers | Set: 3

Questions 21

What is the purpose of theproject controlstage within the project lifecycle?

Options:
A.

to ensure resources required to complete project tasks are available in a timely manner

B.

to ensure there are no deviations from the project timeline

C.

to monitor the project outcomes in terms of KPIs

D.

to set limits and boundaries to what can be achieved

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Questions 22

Parker Incorporated is launching a new product which customers will never have seen before. As it is completely unknown to the marketplace, which type of change situation is to be expected?

Options:
A.

predicted change

B.

closed change

C.

contained change

D.

open-ended change

Questions 23

In Lewin's 3 stage Change Model, which is the first stage?

Options:
A.

unfreeze

B.

loss

C.

denial

D.

disrupt

Questions 24

In Project Management, when would you use aMonte Carlo Analysis?

Options:
A.

to set a project timeline

B.

to simulate risks

C.

to assign a budget

D.

to work out return on investment

Questions 25

A large unpredicted event has occurred in the external environment which has affected Company X. Which of the following change responses would be most appropriate to this situation?

Options:
A.

incremental–reactive change

B.

incremental–proactive change

C.

proactive–transformational change

D.

reactive–transformational change

Questions 26

In a project, when is thetension between cost, quality, and timemost prevalent?

Options:
A.

at the beginning of the project

B.

in the event of an unforeseen change

C.

at the end of the project when reviewing the objectives

D.

when the Steering Committee is set up

Exam Code: L5M8
Certification Provider: CIPS
Exam Name: Project and Change Management
Last Update: Nov 2, 2025
Questions: 88
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