Online Access Free L3M3 Practice Test

Exam Code:L3M3
Exam Name:Contract Administration
Certification Provider:CIPS
Free Question Number:92
Posted:Sep 04, 2025
Rating
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Question 1

Which one of the following is not an 'E' from STEEPLE?

Question 2

Which one of the following is from the STEEPLE framework?

Question 3

Where all does not go well on a contract and there are significant increased costs of implementation, a contract clause may exist whereby both buyer and contractor share the unanticipated additional costs using a pre-agreed formul a. What is the expression which describes such an arrangement?

Question 4

In which quadrant of a SWOT analysis would 'well-developed management skills, unique intellec-tual property rights and sound financial backing' appear?

Question 5

When both buyer and seller share cost information with each other (in both directions), in order to collaborate in cost reduction activities.

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