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CIMAPRO19-P03-1 Exam - Topic 3 Question 109 Discussion

W is a construction company which undertakes large projects for governments and other clients worldwide. Following extensive tendering processes, contracts are issued for successful tenders,and projects typically take three to five years to complete. Contracts are normally fixed-price and many have considerable penalty clauses.Which of the following would beappropriate policies and controls for W to implement?
A) Unsuccessful tenders should be analysedto establish the cause of them failing to be awarded the work and help to avoid future failures. and E) Contract terms should be worded precisely so that additional work is not deemed to form part of the contract. and F) The project steering committee and project board should receive regular project status reports.
B) Ensuring a consistent separation of duties between those involved in the preparation of tenders and those involved in the planning of projects.
C) Ensuring that the minimum legal wage is paid to all workers on the construction sites.
D) In order to ensure the maximum chance of winning the contract,tendersalways commit W to completing the work at the lowest possible price and in the shortest possible time.

CIMAPRO19-P03-1 Exam - Topic 3 Question 109 Discussion

Actual exam question for CIMA's CIMAPRO19-P03-1 exam
Question #: 109
Topic #: 3
[All CIMAPRO19-P03-1 Questions]

W is a construction company which undertakes large projects for governments and other clients worldwide. Following extensive tendering processes, contracts are issued for successful tenders,and projects typically take three to five years to complete. Contracts are normally fixed-price and many have considerable penalty clauses.

Which of the following would beappropriate policies and controls for W to implement?

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Suggested Answer: A, E, F

by Rosio at Jun 28, 2026, 06:59 AM

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Virgina
3 days ago
B ensures no conflicts of interest. Very necessary.
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Chu
8 days ago
Agreed, A is important, but B is also key for accountability.
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Leonor
14 days ago
I think A is crucial. Learning from failures helps improve future tenders.
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Tracey
19 days ago
E) is essential, clear contracts save a lot of headaches later!
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Izetta
24 days ago
D) is risky, lowest price can lead to cutting corners.
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Rodney
29 days ago
C) sounds good, but are they really paying minimum wage?
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Bev
1 month ago
Totally agree with B), separation of duties is crucial!
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Ollie
1 month ago
A) is a smart move, learning from past failures is key.
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Stefany
1 month ago
D seems risky; committing to the lowest price could lead to financial losses if unexpected costs arise during the project.
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Leana
2 months ago
I think C is essential because paying the minimum wage is a legal requirement, but it might not be enough to attract skilled workers.
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An
2 months ago
I'm not entirely sure about B; separating duties sounds right, but I wonder if it could slow down the tendering process too much.
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Evangelina
2 months ago
I remember we discussed the importance of analyzing unsuccessful tenders to improve future submissions, so A seems like a good choice.
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