Preview Questions Procurement Manager | Role Specific Skill

Question 1: Which contractual mechanism is most effective in ensuring vendor compliance in construction procurement?

Which action should you take?

Choose only one option

Sharing project financial benefits with vendors

Frequent price adjustments

Offering long-term business opportunities

Penalties for late delivery and non-compliance with quality standards

Question 2: When negotiating terms with a supplier, which of the following contract clauses is essential for ensuring timely delivery of construction materials?

Which action should you take?

Choose only one option

Minimum order quantity clause

Force majeure clause

Lead time extension clause

Delivery penalty clause

Question 3: What is the most critical factor when negotiating a construction contract with a new supplier?

Which action should you take?

Choose only one option

Supplier reputation and past project success

Clear performance metrics and penalties

Price competitiveness

Delivery timelines and flexibility

Question 4: In procurement planning, what is the best way to ensure that materials and services are available on time for a construction project?

Which action should you take?

Choose only one option

Negotiate delivery deadlines with contractors

Estimate lead times based on project schedule

Plan for just-in-time procurement

Set procurement lead times based on supplier performance

Question 5: Which contractual clause is most likely to cause disputes between contractors and owners if not properly negotiated in construction agreements?

Which action should you take?

Choose only one option

Payment schedules

Liquidated damages

Scope of work specification

Confidentiality clause

Question 6: What should a procurement manager do when they notice significant deviation between projected and actual project costs?

Which action should you take?

Choose only one option

Increase the budget without investigation

Revisit the project budget and reduce expenses

Re-assess supplier contracts and renegotiate

Adjust payment schedules to accommodate delays