Podcast
Questions and Answers
True or false:Contract administration only involves managing a contract from award to signing.
True or false:Contract administration only involves managing a contract from award to signing.
False
True or false:Contract administration is a simple and easy task for project owners.
True or false:Contract administration is a simple and easy task for project owners.
False
True or false:Contract administration only involves ensuring compliance by contractors and not the project owners themselves.
True or false:Contract administration only involves ensuring compliance by contractors and not the project owners themselves.
False
True or false: Compliance with contract terms is not important in contract administration.
True or false: Compliance with contract terms is not important in contract administration.
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True or false: Contract closeout can only occur when a contract is formally terminated.
True or false: Contract closeout can only occur when a contract is formally terminated.
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True or false: Change orders claims, early payments or overpayment, and unsatisfactory performance can be prevented by implementing a structured contract administration program.
True or false: Change orders claims, early payments or overpayment, and unsatisfactory performance can be prevented by implementing a structured contract administration program.
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True or false: Project owners do not have to worry about contract administration.
True or false: Project owners do not have to worry about contract administration.
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True or false: Implementing a structured contract administration program can prevent change order claims, but not unsatisfactory performance.
True or false: Implementing a structured contract administration program can prevent change order claims, but not unsatisfactory performance.
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True or false: Critical risks encountered during the performance period may be obscured by routine duties involving receipt and review of contractor submittals.
True or false: Critical risks encountered during the performance period may be obscured by routine duties involving receipt and review of contractor submittals.
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True or false: The pre-contract phase involves understanding contractor requirements and creating a request for proposal.
True or false: The pre-contract phase involves understanding contractor requirements and creating a request for proposal.
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True or false: Effective contract management is not essential for project success.
True or false: Effective contract management is not essential for project success.
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True or false: Contract administration is an easy task for project owners, even under ideal conditions.
True or false: Contract administration is an easy task for project owners, even under ideal conditions.
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Study Notes
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Description
Test your knowledge on contract administration with this true or false quiz covering key aspects such as managing contracts, compliance, closeout, and structured programs for preventing issues. Challenge yourself and see how well you understand contract administration processes.
