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 L4M5 Exam - Topic 7 Question 41 Discussion

Citywide Developments Ltd (CDL) is a construction programme management company that delivers the design and build of high-value property development schemes. CDL uses third-party consultant design services, using named consultants in the contract. CDL has recently observed increases in the consultancy day rate for these consultants. Which of the following tradeable concessions could CDL offer when negotiating with the suppliers of design services, in order to achieve lower rates of pay, but without lowering the quality of service?
C) Reduce the volume-based rate discounts
A) Accept unqualified trainee consultants
B) Offer a shorter consultant working day
D) Remove the requirement for the named personnel

CIPS L4M5 Exam - Topic 7 Question 41 Discussion

Actual exam question for CIPS's L4M5 exam
Question #: 41
Topic #: 7
[All L4M5 Questions]

Citywide Developments Ltd (CDL) is a construction programme management company that delivers the design and build of high-value property development schemes. CDL uses third-party consultant design services, using named consultants in the contract. CDL has recently observed increases in the consultancy day rate for these consultants. Which of the following tradeable concessions could CDL offer when negotiating with the suppliers of design services, in order to achieve lower rates of pay, but without lowering the quality of service?

Show Suggested Answer Hide Answer
Suggested Answer: C, E

There are many macro economic factors that could influence procurement in general and commercial negotiation in particular. Below are six factors that are agreed to be fairly significant:

* Economy growth rate

* Inflation rates

* Interest rates

* Currency exchange rate

* Unemployment rate

* Protectionism

LO 2, AC 2.2


by Dorothy at Apr 25, 2023, 04:48 AM

Limited Time Offer

25%

Off

Get Premium L4M5 Questions as Interactive Web-Based Practice Test or PDF

Contribute your Thoughts:

0/2000 characters
Submit Cancel
Christene
10 months ago
Reducing discounts (option C) seems counterproductive, why would they agree to that?
upvoted 0 times
...
Dorcas
10 months ago
Shorter working days (option B) could work, but will it really save money?
upvoted 0 times
...
Thurman
10 months ago
Not sure about option A, unqualified trainees might compromise quality.
upvoted 0 times
...
Zona
11 months ago
Agree with John, named personnel can be a big expense!
upvoted 0 times
...
Raul
11 months ago
I think option D makes sense, flexibility could help lower costs.
upvoted 0 times
...
Pamella
11 months ago
Accepting unqualified trainee consultants seems risky to me; I doubt that would maintain the quality we expect from our design services.
upvoted 0 times
...
Launa
11 months ago
I practiced a similar question about tradeable concessions, and I feel like reducing volume-based rate discounts might not be the best choice since it could affect overall costs.
upvoted 0 times
...
Christiane
11 months ago
I think removing the requirement for named personnel might help negotiate lower rates, but it could also risk the quality of service we need.
upvoted 0 times
...
Rima
11 months ago
I remember discussing how offering a shorter working day could potentially lower costs without compromising quality, but I'm not sure if that's the best option here.
upvoted 0 times
...
Brock
11 months ago
I'm a little confused by this question. I don't have much experience with the IBM Content Search Services server, so I'm not sure which tool would be used to change the port. I'll have to guess on this one.
upvoted 0 times
...
Jesusita
11 months ago
Ah, I see. This is testing my knowledge of MPLS backup paths and label distribution. I'll need to apply that here.
upvoted 0 times
...
Fidelia
11 months ago
Hmm, I'm not totally sure about this one. I know there are different types of customer surveys, but I'm having trouble remembering the specific differences between them. I'll have to think this through carefully.
upvoted 0 times
...
Amie
11 months ago
Hmm, I'm not totally sure about this one. I know VLANs are used for network segmentation, but I'm not certain if business types are the main factor in how they're planned. I'll have to think this through.
upvoted 0 times
...
Leah
11 months ago
I'm a little confused by the terminology used in this question. What exactly is a "service-oriented analysis process"? I'll need to review my notes and make sure I understand the concept before answering.
upvoted 0 times
...
Colby
1 year ago
I don't know, but if I were CDL, I'd be offering the consultants a free trip to the Caribbean. That's the kind of 'tradeable concession' I'd be looking for!
upvoted 0 times
Matilda
1 year ago
D) Remove the requirement for the named personnel
upvoted 0 times
...
Simona
1 year ago
C) Reduce the volume-based rate discounts
upvoted 0 times
...
Art
1 year ago
B) Offer a shorter consultant working day
upvoted 0 times
...
Judy
1 year ago
A) Accept unqualified trainee consultants
upvoted 0 times
...
...
Coletta
1 year ago
Remove the requirement for named personnel? Now that's an interesting idea! CDL could save some cash and maybe find some hidden gems along the way.
upvoted 0 times
Luther
1 year ago
True, but reducing the volume-based rate discounts could also be a way to negotiate lower rates.
upvoted 0 times
...
Sherron
1 year ago
I agree, but offering a shorter consultant working day might also be a good compromise.
upvoted 0 times
...
Leonie
1 year ago
That's a good point! Accepting unqualified trainee consultants could also help save costs.
upvoted 0 times
...
...
Thomasena
1 year ago
Reducing volume-based rate discounts? Hmm, that might work, but it's kind of a boring option. Where's the creativity?
upvoted 0 times
Trinidad
1 year ago
C) Reduce the volume-based rate discounts
upvoted 0 times
...
Christene
1 year ago
B) Offer a shorter consultant working day
upvoted 0 times
...
Lauryn
1 year ago
A) Accept unqualified trainee consultants
upvoted 0 times
...
...
Troy
1 year ago
Offering a shorter consultant working day? That's just going to lead to less work getting done. Not a smart move.
upvoted 0 times
Paris
1 year ago
C) Reduce the volume-based rate discounts
upvoted 0 times
...
Alecia
1 year ago
B) Offer a shorter consultant working day
upvoted 0 times
...
Christoper
1 year ago
A) Accept unqualified trainee consultants
upvoted 0 times
...
...
Verona
1 year ago
I think removing the requirement for named personnel could also help in negotiating lower rates.
upvoted 0 times
...
Phung
1 year ago
Really? Accept unqualified trainees? That's a recipe for disaster! CDL should focus on maintaining quality, not cutting corners.
upvoted 0 times
Johanna
1 year ago
User 2: CDL should consider other options like reducing volume-based rate discounts.
upvoted 0 times
...
Jettie
1 year ago
User 1: I agree, accepting unqualified trainees is risky.
upvoted 0 times
...
...
Josphine
1 year ago
I disagree, I believe reducing the volume-based rate discounts would be more effective.
upvoted 0 times
...
Brock
1 year ago
I think CDL could offer unqualified trainee consultants.
upvoted 0 times
...

Save Cancel