Online Access Free L6M5 Exam Questions

Which elements define an organization's culture? (Select all that apply.)

• A.Ways of interacting
• B.Beliefs and assumptions
• C.Attitudes and customs
• D.The physical environment

Giant Construction Company is working on five large-scale projects. Each project has a specific contract type and pricing mechanism.
Your task is to match the correct contract type and pricing mechanism to each project.
Project Descriptions
Project 1
Description: Giant is collaborating closely with the client to construct a hospital. The client has provided a cost estimate, and any savings will be shared between the parties. This contract is popular in the public sector due to its flexibility.
Project 2
Description: This suite of contracts is known as the "rainbow suite". It is rigid, meaning no changes can be made after signing. The price was fixed at the date of signing.
Project 3
Description: This international project involves the construction of wind turbines. The pricing mechanism calculates costs for each individual turbine.
Project 4
Description: The most popular form of contract in construction, utilizing a Contract Administrator to ensure timely information flow. Since the scope was not clearly defined, Giant is working with the client on a cost-sharing basis plus a small profit margin.
Project 5
Description: The project involves ICT services and software provision. Payments are linked to milestone completion during the project implementation phase.

Correct Answer:

A person who disrupts progress and hinders culture change holds which type of power?
Answer Options:

• A.Pessimistic
• B.Dismissive
• C.Negative
• D.Contrary

Scenario (same as Question 16):
Fin Inc is working with the new client. What type of costing system is being used?

• A.fixed fee
• B.bottom up
• C.open book
• D.bill of quantities

Robyn has created a contract for a construction project and has used "The Red Book." Q: Which professional organization is responsible for creating this contract?
Answer Options:

• A.JCT
• B.CIPS
• C.NEC
• D.FIDIC