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

Question

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?

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.

Accepted Answer

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.

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

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

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