ECM578 C1 and C2: Contract Administration Learning Outcomes

Choose a study mode

Play Quiz
Study Flashcards
Spaced Repetition
Chat to Lesson

Podcast

Play an AI-generated podcast conversation about this lesson
Download our mobile app to listen on the go
Get App

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 (D)</p> Signup and view all the answers

What is involved in enforcing contract provisions?

<p>The administration and enforcement of provisions (A)</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 (D)</p> Signup and view all the answers

What is the life of a building construction contract administration?

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

What is a key aspect of contract administration responsibilities?

<p>Controlling and administering the legal arrangement (B)</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 (A)</p> Signup and view all the answers

What is involved in contract administration?

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

Flashcards are hidden until you start studying

More Like This

Contract Administration Quiz
12 questions

Contract Administration Quiz

InstrumentalMajesty avatar
InstrumentalMajesty
Contract Administration Essentials
26 questions
Contract Administration Overview
21 questions
Use Quizgecko on...
Browser
Browser