CIPS L4M6 Exam - Topic 10 Question 5 Discussion

Actual exam question for CIPS's L4M6 exam

Question #: 5
Topic #: 10

[All L4M6 Questions]

One of the fist stages of designing a Partnership is to come up with joint KPIs. These should be:

AMeasurable, achievable and time-bound

BRelatable, specific and measurable

CTime bound, difficult and relevant

DSignificant, measurable and achievable

Show Suggested Answer

Suggested Answer: A

The correct answer is Measurable, achievable and time-bound. This is from SMART KPIs on p. 151. Smart stands for specific, measurable, achievable, relevant, time-bound. In the exam they come up in different orders so be careful.

by Dalene at Jun 25, 2022, 07:10 PM

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Rex

7 months ago

Not sure "significant" really fits the KPI criteria though.

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Han

7 months ago

Totally agree, time-bound is a must for tracking progress.

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Antonio

7 months ago

Surprised that "difficult" is even an option for KPIs!

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Tamala

7 months ago

I think they need to be specific too, not just measurable.

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Lashawn

7 months ago

KPIs should definitely be measurable and achievable!

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Tawna

8 months ago

I’m leaning towards option A because it sounds familiar, but I’m not entirely confident about the "achievable" part.

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India

8 months ago

I feel like I’ve seen something about KPIs being time-bound in my notes, but I can’t recall if that was in the context of partnerships.

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Melita

8 months ago

I remember practicing a question about KPIs, and I think "specific" was emphasized a lot. So maybe option B is correct?

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Vallie

8 months ago

I think KPIs should definitely be measurable and achievable, but I'm not sure if "time-bound" is the right term here.

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Jules

8 months ago

Option D stands out to me as the most likely indicator that an auditor is struggling with due professional care. The delayed delivery of results due to difficulty understanding transactions suggests they may be lacking the necessary skills or diligence.

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Marvel

8 months ago

I'm pretty sure the time interval for tracking metrics in Genesys Cloud is 30 minutes, so I'll go with option B.

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Olene

8 months ago

Ugh, capital budgeting models are not my strong suit. I'm going to have to review my notes on the differences between these approaches before I can decide. Wish me luck!

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