Online Access Free L4M2 Exam Questions

A buyer in Housing Authority is considering using performance specification in upcoming social housing project. What should buyer be aware when using this type of specification?

• A.Using performance specification means that the buyer will bear all the risks regarding the fitness for purpose of the facility.
• B.The buyer must be able to define the materials to be used, the execution and installation methods required and the specific design of the building
• C.The buyer must be able to clearly define the performance metrics to ensure that the of-fered solution will achieve the desired outcome
• D.In performance specification, specific brands and preferred suppliers must be appointed to avoid the competition

James Hunter has received a price increase request from a supplier with its justification. The supplier has requested the price increase because there has been an increase in staff sickness absence. James has reviewed the original contract and found a buyer provision for ' risk for additional resource. ' This is the first year the supplier has experienced a resource issue. What should James do?

• A.Accept the price increase
• B.Request additional budget
• C.Review the request in three months
• D.Reject the price increase

A company uses eight different floor cleaning products at different premises and has decided to standardise on just one. This product is available from a large number of suppliers. What benefits should the company expect to achieve?

• A.Fewer staff
• B.Lower costs
• C.Increased costs
• D.Increased stock levels

Datong is a defence and law enforcement equipment supplier. They are developing new product but largely concerns about the detailed specifications of components and the capability of supply market. Which of the following approach should Datong adopt in order to optimise the specification and shorten time to market?

• A.Control the budget tightly
• B.Request for quotation from potential suppliers
• C.Invite the supplier to tendering process
• D.Early supplier involvement

Which of the following are likely to be disadvantages of using outcome-based specifications? Select THREE that apply

• A.Long time delay between action and result
• B.Difficulty to measure performance
• C.Ambiguity of outcome
• D.Time consuming to produce
• E.Responsibility for product failure falling to buyer
• F.Stifling innovation