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Exam Code: L3M3
Exam Questions: 90
Contract Administration (L3M3)
Updated: 19 Feb, 2026
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Practicing : 1 - 5 of 90 Questions
Question 1

A concise structured document showing all risks for a contract / unit / organisation, including details of nature of risk, risk owner, anticipated impact, possible responses, etc

Options :
Answer: A

Question 2

A justification of an action (expenditure) that is to be taken by an organisation.

Options :
Answer: A

Question 3

Contracts published by third party experts such as trade associations or professional bodies, widely regarded as favouring neither buyer nor seller, are called:

Options :
Answer: E

Question 4

Conducting individual and group-based (focus groups) in-depth interviews.

Is this quantitative or qualitative data gathering?

Options :
Answer: A

Question 5

Goods or services which must be used together are called:

Options :
Answer: A

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