CIPS Exam L3M3 Topic 1 Question 15 Discussion

Actual exam question for CIPS's L3M3 exam

Question #: 15
Topic #: 1

[All L3M3 Questions]

Periodic progress reports may be required by a contract manager. Part of this could include reporting actual progress against planned progress. In many cases, achievement of planned stages would result in (part-) payment(s) being released to the contractor. Which one of the following terms might be the most appropriate title for a plan underpinning this approach, to ensure value for money, and payment linked to actual progress?

APart-payment plan

BMilestone / gateway plan

CStage or staged plan

DRoadmap or road sign plan

Show Suggested Answer

Suggested Answer: D

Inability to touch something.

Services are intangible, which may present challenges when specifying / buying.

by Louann at Jul 09, 2024, 09:32 PM

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24 days ago

I think the most appropriate title would be Milestone / gateway plan.

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