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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

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Denise
4 months ago
Wait, are service credits really effective?
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Adolph
4 months ago
Fixed bonuses? Seems risky to me.
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Lauryn
4 months ago
I think 1 and 3 make the most sense!
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Zena
4 months ago
Liquidated damages? Not a great motivator.
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Quentin
4 months ago
Gainshare arrangements can really boost innovation!
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Kandis
5 months ago
I feel like option D, with gainshare and service credits, makes the most sense for fostering innovation.
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Veronique
5 months ago
I think service credits could be useful too, but I’m a bit confused about how they compare to fixed bonus payments.
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Elfrieda
5 months ago
I’m not entirely sure about liquidated damages being a good incentive. They seem more punitive than encouraging.
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Cordelia
5 months ago
I remember discussing gainshare arrangements in class, and how they can really motivate suppliers to innovate.
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Cruz
5 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.
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Hillary
5 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.
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Willard
5 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.
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Chaya
5 months ago
Wait, was “watch diff” related to comparing outputs or something for monitoring changes? I feel a bit confused on the details.
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