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CIPS Exam L3M3 Topic 1 Question 15 Discussion

Actual exam question for CIPS's L3M3 exam
Question #: 15
Topic #: 1
[All L3M3 Questions]

Periodic progress reports may be required by a contract manager. Part of this could include reporting actual progress against planned progress. In many cases, achievement of planned stages would result in (part-) payment(s) being released to the contractor. Which one of the following terms might be the most appropriate title for a plan underpinning this approach, to ensure value for money, and payment linked to actual progress?

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Suggested Answer: D

Inability to touch something.

Services are intangible, which may present challenges when specifying / buying.


by Louann at Jul 09, 2024, 09:32 PM

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Tonette
4 days ago
Well, a 'Roadmap or road sign plan' (D) just sounds like it's trying too hard to be fancy. I'll stick with the straightforward 'Milestone / gateway plan'.
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Felix
13 days ago
C) Stage or staged plan would be my pick. It directly aligns with the idea of reporting progress against planned stages.
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Hassie
24 days ago
B) Milestone / gateway plan seems like the most appropriate title for this approach. Linking payments to actual progress makes a lot of sense.
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Cassandra
26 days ago
I'm not sure, but Stage or staged plan could also work for ensuring value for money.
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Alysa
30 days ago
I agree with Valentine. Milestone / gateway plan makes sense for linking payment to actual progress.
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Valentine
1 months ago
I think the most appropriate title would be Milestone / gateway plan.
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