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L4M3 Exam Dumps : Commercial Contracting

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Commercial Contracting Questions and Answers

Question 1

Which of the following key performance indicators are most likely to use numerical data as the main source of information?

The critical evaluation of project deliverables

The subjective responses of a satisfaction survey regarding a service

The instances of late deliveries within a given month

The occurrence of accidents and near misses in a year

Options:

A.

1 and 3 only

B.

2 and 4 only

C.

3 and 4 only

D.

1 and 2 only

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Question 2

Social and environmental criteria are often incorporated into which of the following type of specification?

Options:

A.

Design specification

B.

Technical specification

C.

Conformance specification

D.

Output specification

Question 3

Which of the following is most likely to reduce ITT preparation time while maintaining the clarity of tendering documents?

Options:

A.

Using request for quotation

B.

Standardising documentation whenever possible

C.

Monitoring usage

D.

Eliminating pre-qualification stage from all tendering processes