ECM578 C1 and C2: Contract Administration Learning Outcomes
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Questions and Answers

What is contract administration?

  • A process of administering a legally binding agreement (correct)
  • A type of contract commonly used in construction
  • A technique for resolving contract disputes
  • A method of negotiating contracts
  • What is a key responsibility in contract administration?

  • Planning for the contract (correct)
  • Negotiating contract terms
  • Resolving contract disputes
  • Terminating the contract
  • What is involved in putting a contract in place?

  • Managing the contract
  • Enforcing provisions of the contract
  • The putting into place of the legal framework (correct)
  • Managing the parties to the contract
  • What is a key aspect of managing a contract?

    <p>The management of the formal legal framework</p> Signup and view all the answers

    What is involved in enforcing contract provisions?

    <p>The administration and enforcement of provisions</p> Signup and view all the answers

    What is the goal of managing the parties to a contract?

    <p>To ensure that the purposes of the endeavor are fulfilled</p> Signup and view all the answers

    What is the life of a building construction contract administration?

    <p>From inception to final discharge</p> Signup and view all the answers

    What is a key aspect of contract administration responsibilities?

    <p>Controlling and administering the legal arrangement</p> Signup and view all the answers

    What is the purpose of planning for a contract?

    <p>To plan for the legal framework or transaction</p> Signup and view all the answers

    What is involved in contract administration?

    <p>The control and administration of the legal arrangement</p> Signup and view all the answers

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