Advance Your Career by Using Online L6M5 Dumps

1. Which of the following aspects of culture make up the 'paradigm of the working environment' according to Gerry Johnson and Kevan Scholes? Select all that apply

2. Mustard Ltd contracted Red Ltd for IT services, requiring 98% internet connectivity.

Red Ltd has only achieved 90% connectivity despite multiple meetings.

Mustard Ltd now seeks to terminate the contract.

Q: Can Mustard Ltd terminate the contract? Answer Options:

3. Which type of organisational culture has a flat hierarchy and a fast responsiveness to change?

4. What is the purpose of Cybernetic Control within Project Management?

Answer Options:

5. A positive work culture can lead to which of the following benefits? Select all that apply

6. Which culture type is task-oriented, structured, and uses logic for decisions?

Answer Options:

7. Jake is running a tender exercise to find a new supplier for his manufacturing organisation. He is seeking fixed pricing for goods over the next 2 years.

Which of the following are advantages of using fixed pricing? Select all that apply.

8. Skipped

Which of the following describes tacit knowledge? Select all that apply.

9. 1.Which of the following is true about Engineering, Procurement, and Construction (EPC) Contracts? (Select all that apply.)

EPC contracts, commonly referred to as Turnkey Projects, are widely used in construction and infrastructure projects. These contracts require the contractor to design, procure materials, and construct the project to deliver a complete and operational facility to the client. Answer Options:

10. Jerry is responsible for starting a new construction project.

His company wants to build a new Water Park on the outskirts of town.

He has prepared a Statement of Need, outlining requirements and benefits.

Senior Management has approved the project to move forward.

Q: What should be Jerry's next task? Answer Options:

11. Which of the following is NOT a benefit or function of a professional body?

Professional bodies are established organizations that promote industry standards, ethical conduct,

and professional development.

Answer Options:

12. Petra is setting up a contract for a new construction project that must be robust with little flexibility. The contract stipulates that the client will bear the risk of unforeseen negative circumstances.

Which type of contract is most suitable?

13. Which of the following statements about investment appraisal techniques are true? (Select all that apply.)

Answer Options:

14. Skipped

Which of the following statements is true of a business that operates in a 'low-context culture' country?

15. Which of the following is an advantage to the contractor in an EPC contract arrangement?

EPC contracts provide several benefits to contractors, such as clear project scope, reduced risks, and better project management.

Answer Options:

16. A programme is a framework which allows multiple projects to be completed simultaneously. Is this TRUE?

17. What is the primary disadvantage of the Payback Analysis method? Answer Options:

18. Which of the following processes for managing change is the most passive?

19. Scenario (same as Question 16):

In terms of the Cultural Web, which of the following impacts on staff behaviour?

20. Jennifer is drafting a contract with a "termination for convenience" clause. Q: What obligations should be included in this clause? (Select all that apply.)

21. Under which style of contract is the client, rather than the construction company, responsible for the design of a building?

22. Why would a company use a discounted cash flow in calculating an Investment Appraisal? Select all that apply

23. Scenario:

Fin Inc is a consultancy organisation in the private sector, founded 10 years ago by CEO Geoff Davies, who runs a tight ship. Many employees are scared of Geoff, and there are rumours that he fires people for refusing overtime. Fin Inc is working with a new client on a shopping centre project led by the well-liked CFO. The client wants a flexible, collaborative contract with transparent cost-sharing.

What type of organisational structure does Fin Inc have?

24. Fred is comparing two possible projects that will last for different durations.

His company can only select one project due to financial constraints.

He needs a method to compare the financial benefits of both projects.

Q: Is a payback analysis a useful tool for Fred to use? Answer Options:

25. DRAG DROP

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.