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Examen

CIPS L6M5 - STRATEGIC PROGRAMME LEADERSHIP LO1 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) ||ALREADY GRADED A+||NEWEST VERSION

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Subido en
03-02-2025
Escrito en
2024/2025

Quiz: Van Weele purchasing development model Ans: 1. Transactional orientation, serve the factors - supply relationship is reactive, relationship based on provision of raw materials and components. 2. Commercial orientation, lowest unit price - relationship is based on price negotiation aimed at achieving lowest prices for the organisation. 3. Co-ordinated purchasing - procurement and supply using uniform policies, processes and systems. Often bureaucratic and slow to respond to units. 4. Internal integration cross-functional purchasing - relationship becomes more integrated. Focuses on cross functional problem solving 5. External integration: supply chain-management - Outsourcing strategies developed with supply chain partners. 6. Value chain orientation - Recognises P&S strategy needs to deliver value to the end customer, strong relationships encouraged with suppliers. Quiz: EPC Contract o © 2025 TestTrackers o or call [] o Resources & Updates: [Testtrackers - Stuvia US] o Your Success is Our Mission! o For online exams and tutor expert, please me in the number given. Ans: An EPC Contract is appealing to the client as a turnkey solution and a risk mitigation tool - the EPC contractor assumes all of the responsibilities and risk of completing a programme Quiz: EPC Contract vs D&B Ans: Close links between EPC and D&B contracts - the difference is that the EPC contract requires the contractor the design and construct a building to a specification where it is capable of producing a certain level of output. Quiz: Mechanical completion Ans: Start up and commissioning of all systems in a building Quiz: Performance Testing Ans: Demonstrates that the building is suitable for the requirements of a client Quiz: Performance Testing

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Subido en
3 de febrero de 2025
Número de páginas
47
Escrito en
2024/2025
Tipo
Examen
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CIPS L6M5 - STRATEGIC PROGRAMME
LEADERSHIP LO1 QUESTIONS AND CORRECT
DETAILED ANSWERS (VERIFIED ANSWERS)
||ALREADY GRADED A+||NEWEST VERSION
Quiz: Van Weele purchasing development model

Ans: 1. Transactional orientation, serve the factors - supply relationship is
reactive, relationship based on provision of raw materials and components.

2. Commercial orientation, lowest unit price - relationship is based on price
negotiation aimed at achieving lowest prices for the organisation.

3. Co-ordinated purchasing - procurement and supply using uniform policies,
processes and systems. Often bureaucratic and slow to respond to units.

4. Internal integration cross-functional purchasing - relationship becomes more
integrated. Focuses on cross functional problem solving

5. External integration: supply chain-management - Outsourcing strategies
developed with supply chain partners.

6. Value chain orientation - Recognises P&S strategy needs to deliver value to
the end customer, strong relationships encouraged with suppliers.



Quiz: EPC Contract




o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+254707240657]
o For online exams and tutor expert, please whatsapp
me in the number given.

, Ans: An EPC Contract is appealing to the client as a turnkey solution and a risk
mitigation tool - the EPC contractor assumes all of the responsibilities and risk of
completing a programme



Quiz: EPC Contract vs D&B

Ans: Close links between EPC and D&B contracts - the difference is that the
EPC contract requires the contractor the design and construct a building to a
specification where it is capable of producing a certain level of output.



Quiz: Mechanical completion

Ans: Start up and commissioning of all systems in a building



Quiz: Performance Testing

Ans: Demonstrates that the building is suitable for the requirements of a client



Quiz: Performance Testing

Ans: Is important in terms of the programme as it allow the contractor to avoid
LDs or claim bonuses if the programme is completed early




o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+254707240657]
o For online exams and tutor expert, please whatsapp
me in the number given.

, Quiz: provisional acceptance

Ans: the client accepts the performance on the basis that the contractor
remains responsible for finding a remedy



Quiz: Commercial operation

Ans: Upon acceptance, the responsibility and ownership transfers to the client
and the Commercial operation of the facility may commence



Quiz: EPC contracts

Ans: Are:



- Fixed price contracts

- Have a fixed completion date

- Limited contractor claims as all risk is passed to the contractor

- Limits of liability - EPC contractors seek cap



Quiz: EPC contracts




o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+254707240657]
o For online exams and tutor expert, please whatsapp
me in the number given.

, Ans: The biggest risks that the client bares on an EPC contract is ensuring that
the spec is correct, and communicating what is required to teh contractor



Quiz: Management Contractor Warranties

Ans: Although clients only deal with one contractor under mgmt. contracting, it
may request warranties from the individual works contractors so that direct
claims can be made in the event that mgmt. contactor becomes insolvent



Quiz: Statement of need

Ans: After a review of the statement of need, it may be decided that a new
progrmme is not needed



Quiz: Workflow plan for: Management contracting and construction

management




o
o
© 2025 TestTrackers
WhatsApp or call o Resources & Updates: [Testtrackers - Stuvia US]
o Your Success is Our Mission!
[+254707240657]
o For online exams and tutor expert, please whatsapp
me in the number given.

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