Online Access Free L4M3 Practice Test

The model form contract invented by Institute of Civil Engineers is...?

• A.IMechE/IET
• B.NEC
• C.JCT
• D.FIDIC

Which of the following standards gives guidance on the layout and preparation of specifications?

• A.BS 7373-1:2001
• B.BS EN 60601-1-11:2015
• C.BS 5975:2019
• D.BS 5864:2019

Which of the following is most likely to reduce ITT preparation time while maintaining the clarity of tendering documents?

• A.Monitoring usage
• B.Eliminating pre-qualification stage from all tendering processes
• C.Standardising documentation whenever possible
• D.Using request for quotation

Solus Trading has begun a project to improve the level of delivery performance from its suppliers. They need to develop a key performance indicator (KPI) to measure the performance improvement. Which KPI would be suitable to use?

• A.Percentage of on-time in full
• B.Percentage of cost reduction
• C.Percentage of rejects and returns
• D.Percentage of customer complaints

ABC Ltd is a UK based company. It plans to enter into a contract with XYZ Ltd which is based in Singapore.
Which of the following are the mandatory elements for the contract between ABC Ltd and XYZ Ltd to be legally binding? Select THREE that apply.

• A.There must be an offer and an acceptance
• B.The invitation to tender must be sent by the agreed deadline
• C.The two parties must have intention to be bound
• D.There must be an invitation to treat
• E.All parties must have capacity to contract
• F.An amount of money must be paid upfront