Question

W is a construction company which undertakes large projects for governments and other clients worldwide. Following extensive tendering processes, contracts are issued for successful tenders, and projects typically take three to five years to complete. Contracts are normally fixed-price and many have considerable penalty clauses. Which of the following would be appropriate policies and controls for W to implement?

Accepted Answer

Unsuccessful tenders should be analysed to establish the cause of them failing to be awarded the work and help to avoid future failures.

Accepted Answer

Contract terms should be worded precisely so that additional work is not deemed to form part of the contract.

Accepted Answer

The project steering committee and project board should receive regular project status reports.

Answer

Ensuring a consistent separation of duties between those involved in the preparation of tenders and those involved in the planning of projects.

Answer

Ensuring that the minimum legal wage is paid to all workers on the construction sites.

Answer

In order to ensure the maximum chance of winning the contract, tenders always commit W to completing the work at the lowest possible price and in the shortest possible time.

W is a construction company which undertakes large projects for governments and other clients worldwide. Following extensive tendering processes…

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