Which of the following is most likely to be an one-off contract?

• A.Franchise Agreement
• B.Framework Agreement for supply of mono-crystalline silicon
• C.Contract for construction of a power plant
• D.Commercial lease agreement of an office building

Comment: *

Name: *

Email: *

Verification: *

EAC Facilities Management is planning for a new construction project in the suburban are a. They decide to use NEC or FIDIC model form of contract for this project. Is this a right course of action?

• A.Yes, these forms aim at balanced risk/reward allocation between the parties
• B.No, the buyer will bear all the risks derived from the contract
• C.Yes, using these forms will eliminate all the risks
• D.No, the contractor won't understand the legal terminology in the contract forms

Comment: *

Name: *

Email: *

Verification: *

Which of the following should be specially noticed in market dialogue with suppliers in specification development?

• A.Both parties must respect confidentiality
• B.The buying organisation must avoid social media at all cost
• C.Market dialogue is banned in the public sector
• D.Market dialogue should only be conducted with well-known supplier

Comment: *

Name: *

Email: *

Verification: *

In order to monitor supplier's performance, an organization decides to draft performance management frameworks. Which of the following are the components of a performance management framework? Select THREE that apply:

• A.Targets
• B.KPIs
• C.Consequences
• D.Indemnity
• E.Force majeure
• F.Justification

Comment: *

Name: *

Email: *

Verification: *

Which of the following are always considered as minimum preconditions for a contract? Select TWO that apply:

• A.Specification
• B.Promise
• C.Omission
• D.Consideration
• E.Intention to be bound

Comment: *

Name: *

Email: *

Verification: *