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CIPS L6M5 Exam - Topic 1 Question 3 Discussion

Actual exam question for CIPS's L6M5 exam
Question #: 3
Topic #: 1
[All L6M5 Questions]

Petra is setting up a contract for a new construction project that must be robust with little flexibility. The contract stipulates that the client will bear the risk of unforeseen negative circumstances. Which type of contract is most suitable?

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Suggested Answer: A

FIDIC contracts are known for their robustness and low flexibility, placing risk on the client.


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Cristen
3 months ago
Wait, are we sure the client should take all the risk?
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Aleta
3 months ago
I agree, FIDIC seems like the best fit here.
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Phil
3 months ago
I thought NEC was better for flexibility though?
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Whitley
4 months ago
Definitely JCT, it’s more client-friendly!
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Detra
4 months ago
FIDIC contracts are known for risk allocation.
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Lashandra
4 months ago
I vaguely recall that IMechE contracts might be suitable for specific engineering projects, but I can't remember how they handle unforeseen risks.
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Farrah
4 months ago
NEC contracts usually have a lot of collaboration, which doesn't seem to match the requirement for little flexibility.
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Shawnda
4 months ago
I think JCT contracts are more flexible, but they might not be what Petra needs since she wants something robust.
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Moon
5 months ago
I remember studying that FIDIC contracts often allocate risks to the client, but I'm not entirely sure if it's the best fit for this situation.
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Sherita
5 months ago
I'm a bit confused on the differences between these contract types. The question is asking for the most suitable one, but I'm not sure I fully understand the nuances of each. Might need to review my notes before deciding.
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Laticia
5 months ago
Okay, let's see. FIDIC is designed for large-scale, complex projects with defined risk allocation, which fits the scenario. The other options like JCT and NEC are more flexible. So I'd say FIDIC is the best choice here.
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Lewis
5 months ago
Hmm, I'm a bit unsure on this one. The contract details mention robustness and risk allocation, but I'm not totally familiar with the different contract types. I'll have to think it through carefully.
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Kati
5 months ago
This one seems pretty straightforward. The key is the requirement for a robust contract with little flexibility, and the client bearing the risk. That points to FIDIC as the most suitable option.
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Tamera
12 months ago
JCT? Seriously? That's like bringing a water gun to a nuclear war. FIDIC is the only way to go here.
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Tijuana
12 months ago
FIDIC all the way! It's like a legal fortress, impenetrable to any unforeseen circumstances. The client better have their seatbelts on for this ride.
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Truman
11 months ago
C) NEC
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Margart
11 months ago
A) FIDIC
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Herminia
1 year ago
I would go with A) FIDIC, as it also allocates risk to the client and is commonly used in construction projects.
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Lili
1 year ago
NEC could work too, but FIDIC seems like the better fit. The client needs to bear the risk, and FIDIC is designed for that kind of arrangement.
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Maurine
11 months ago
IMechE is not really suitable for this situation, FIDIC is the way to go.
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Marci
11 months ago
JCT could also be an option, but FIDIC is more robust for unforeseen circumstances.
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Nieves
11 months ago
I think NEC could also work, but FIDIC does seem like the better fit.
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Kate
12 months ago
NEC might work, but FIDIC is specifically designed for the client to bear the risk.
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Ming
12 months ago
I agree, FIDIC is definitely the best choice for this type of contract.
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Ernestine
12 months ago
I agree, FIDIC is the best option for this situation.
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Edelmira
1 year ago
I agree with Casie, NEC is designed for projects with little flexibility and places the risk on the client.
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Casie
1 year ago
I think the most suitable contract is C) NEC.
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Pearly
1 year ago
I think FIDIC is the most suitable option here. It's known for its robust and inflexible nature, which is exactly what Petra needs for this project.
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Rhea
12 months ago
Yes, FIDIC is known for its strict terms and conditions, making it ideal for a project with little flexibility.
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Troy
1 year ago
I agree, FIDIC is definitely the best choice for this type of project.
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