Deal of The Day! Hurry Up, Grab the Special Discount - Save 25% - Ends In 00:00:00 Coupon code: SAVE25
Welcome to Pass4Success

- Free Preparation Discussions
Mail Us support@pass4success.com
Location US
Mob_nav_barsMENU

CIPS L4M3 Exam - Topic 6 Question 4 Discussion

Which of the following would be useful tools to incentivise supplier innovation over the duration of the contract?1. Gainshare arrangement2. Liquidated damages3. Service credits4. Fixed bonus payments
C) 1 and 4 only
A) 3 and 4 only
B) 2 and 4 only
D) 1 and 3 only

CIPS L4M3 Exam - Topic 6 Question 4 Discussion

Actual exam question for CIPS's L4M3 exam
Question #: 4
Topic #: 6
[All L4M3 Questions]

Which of the following would be useful tools to incentivise supplier innovation over the duration of the contract?

1. Gainshare arrangement

2. Liquidated damages

3. Service credits

4. Fixed bonus payments

Show Suggested Answer Hide Answer
Suggested Answer: C

Gainshare is an incentive for cost control

Liquidated damage is common type of disincentive for late completion

Service credit is a remedy for not achieving targets set out in an SLA

Fixed bonus payment is an incentive for early completion


LO 3, AC 3.3

by Adelina at Oct 13, 2022, 06:36 AM

Limited Time Offer

25%

Off

Get Premium L4M3 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Denise
10 months ago
Wait, are service credits really effective?
upvoted 0 times
...
Adolph
10 months ago
Fixed bonuses? Seems risky to me.
upvoted 0 times
...
Lauryn
10 months ago
I think 1 and 3 make the most sense!
upvoted 0 times
...
Zena
11 months ago
Liquidated damages? Not a great motivator.
upvoted 0 times
...
Quentin
11 months ago
Gainshare arrangements can really boost innovation!
upvoted 0 times
...
Kandis
11 months ago
I feel like option D, with gainshare and service credits, makes the most sense for fostering innovation.
upvoted 0 times
...
Veronique
11 months ago
I think service credits could be useful too, but I’m a bit confused about how they compare to fixed bonus payments.
upvoted 0 times
...
Elfrieda
11 months ago
I’m not entirely sure about liquidated damages being a good incentive. They seem more punitive than encouraging.
upvoted 0 times
...
Cordelia
11 months ago
I remember discussing gainshare arrangements in class, and how they can really motivate suppliers to innovate.
upvoted 0 times
...
Cruz
11 months ago
Hmm, I'm a bit unsure about this one. I know Service Mapping is used to discover and map IT services, but I'm not entirely clear on how it handles hosts that are already in the CMDB. I'll have to think this through carefully.
upvoted 0 times
...
Hillary
11 months ago
I feel pretty confident about SSL and smart cards as the two best solutions for this scenario. Time to lock in my answers.
upvoted 0 times
...
Willard
11 months ago
I want to make sure I understand this correctly. The question is asking what the sentence above is referring to, and the options are about different types of personal data. I'll need to read the sentence closely and compare it to the answer choices to determine the best fit.
upvoted 0 times
...
Chaya
11 months ago
Wait, was “watch diff” related to comparing outputs or something for monitoring changes? I feel a bit confused on the details.
upvoted 0 times
...

Save Cancel