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CIPS Level 3 Advanced Certificate in Procurement and Supply Operations Contract Administration

Contract Administration

Last Update Nov 22, 2024
Total Questions : 90

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Questions 2

Which one of the following is a trading bloc?

Options:

A.  

EFTA

B.  

EFTAT

C.  

EFTPOS

D.  

EFT

Discussion 0
Questions 3

Where the buying organisation’s contract manager feels that a contractor has under-performed, which one of the following actions is normally not recommended?

Options:

A.  

Implementing any liquidated damages clause in the contract

B.  

Issuing a termination notice

C.  

Serving a deficiency notice to indicate the significance of the situation

D.  

Offering a bonus payment for remedying any defects

Discussion 0
Questions 4

Which two of the following constitute part of a common risk assessment or risk evaluation formula?

Options:

A.  

Contingency

B.  

Likelihood

C.  

Impact

D.  

Prevention

Discussion 0
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Questions 5

The legal lessons included in this course are based on:

Options:

A.  

Scots law

B.  

English law

C.  

British law

D.  

European law

Discussion 0

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