FMT203_Procurement and Contract Management_SU4

FMT203_Procurement and Contract Management_SU4

University

10 Qs

quiz-placeholder

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FMT203_Procurement and Contract Management_SU4

FMT203_Procurement and Contract Management_SU4

Assessment

Quiz

Professional Development

University

Medium

Created by

Alphonsus Ee

Used 13+ times

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following statements about liquidated damages is True?

The client can impose LD if the contract completion date is not stated.

The client can impose LD if both the contract commencement and completon date are stated.

The client can impose LD if the contract commencement date is not stated.

The client can impose LD if LD clauses are removed from the contract.

2.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following is NOT part of project control?

Monitoring and assessing a project's progress.

Taking correction actions.

Taking preventive measures.

Ensuring payments are paid in a timely manner.

3.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Earned value uses _____ and ____ units to track work progress and expenditure.

time; budget

quantity; cost

time; cost

quality; cost

4.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Schedule Variance is the difference between the actual work and the planned work to determine if the project is on schedule or not.

True

False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Media Image

Which one of the following involves a novation process?

Nominated subcontracting

Designated subcontracting

Domestic subcontracting

Asisgnment of subcontractor

6.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

Which of the following statements is Correct?

A nominated subcontractor is appointed after the main contract is formed.

A nominated subcontractor is appointed before the main contract is formed.

A designated subcontractor is appointement after the main contract is formed.

A Main Contractor can object to the nomination of a designated subcontractor.

7.

MULTIPLE CHOICE QUESTION

45 sec • 1 pt

Media Image

The SIA form of contract requires the Architect to issue a ______ when the works are substantially completed.

completion certificate

certificate of substantial completion

delay certificate

extension of time certificate

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