CIPS Exam L3M3 Topic 4 Question 22 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 22
Topic #: 4

[All L3M3 Questions]

Which of the following is least likely to lend itself to whole life cost calculations?

ACrane for a construction site

BA single photocopier for long-term office use

CContract caterer for staff restaurant

DSupply of fresh flowers for the reception desk

Show Suggested Answer

Suggested Answer: D

Not only are the flowers a relatively short-term acquisition of low value, there are unlikely to be many whole life cost elements / possibilities.

The other suggestions however, contain a minefield of long-term cost possibilities.

by Youlanda at Sep 17, 2024, 11:18 AM

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Arthur

9 months ago

Hmm, the flowers sound like the right answer. Unless they're planning to grow their own roses in the lobby. Then it gets complicated.

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Jani

9 months ago

I disagree. I think the fresh flowers for the reception desk are least likely.

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Mose

9 months ago

The contract caterer seems least likely. Who knows how long they'll be around or what their hidden charges could be. Whole life is crucial there.

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Charlena

8 months ago

D) Supply of fresh flowers for the reception desk

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Yolande

8 months ago

C) Contract caterer for staff restaurant

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Cecily

8 months ago

B) A single photocopier for long-term office use

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Tracey

8 months ago

A) Crane for a construction site

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Blondell

9 months ago

Fresh flowers for the reception? Come on, that's the easiest one to calculate. Just the weekly/monthly cost, right?

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Katlyn

9 months ago

I agree with Lashonda. The crane is a one-time use item.

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Dacia

9 months ago

A single photocopier? Nah, that's a long-term asset that requires ongoing maintenance and energy costs. Whole life is a must.

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Rolland

8 months ago

A single photocopier for long-term office use definitely requires whole life cost calculations, it's not something you can overlook.

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Rhea

8 months ago

I agree, the contract caterer for staff restaurant and supply of fresh flowers for the reception desk have ongoing costs that need to be considered.

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Aide

8 months ago

I think the crane for a construction site is least likely to lend itself to whole life cost calculations.

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Gene

9 months ago

Definitely not the crane - that's a major investment that needs careful whole life cost analysis.

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Arleen

8 months ago

I think the fresh flowers would be the least likely to lend itself to whole life cost calculations.

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Casie

8 months ago

D) Supply of fresh flowers for the reception desk

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Tori

8 months ago

Yes, the contract caterer would be more straightforward to calculate costs for.

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Howard

8 months ago

C) Contract caterer for staff restaurant

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Chandra

8 months ago

I agree, the crane is a big investment that requires thorough cost analysis.

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Levi

9 months ago

A) Crane for a construction site

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Lashonda

9 months ago

I think the crane for a construction site is least likely.

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