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CIPS Level 3 Advanced Certificate in Procurement and Supply Operations L3M3 Book

Page: 4 / 6
Question 16

A concise structured document showing all risks for a contract / unit / organisation, including details of nature of risk, risk owner, anticipated impact, possible responses, etc

Options:

A.

Risk analysis

B.

Risk register

C.

Risk profile

D.

Risk manual

Question 17

Looking specifically at how a quoted price compares to the cost of production is called:

Options:

A.

Factor analysis

B.

Price analysis

C.

Psycho analysis

D.

Cost analysis

Question 18

A common term for the win-lose style of negotiations is:

Options:

A.

Illustrative

B.

Diminutive

C.

Destructive

D.

Distributive

Question 19

Which of the following are genuine pieces of legislation in the UK?

Options:

A.

The Bribery Act 2010

B.

The Freedom of Information Act 2000

C.

All of them

D.

Public Contracts Regulations 2015

Page: 4 / 6
Exam Code: L3M3
Exam Name: Contract Administration
Last Update: Oct 21, 2024
Questions: 90
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