Preview Questions Contract Administrator | Role Specific Skill

Question 1: What is the most common method for resolving disputes in construction contracts?

Which action should you take?

Choose only one option

Litigation in court

Alternative dispute resolution only

Negotiation with third parties

Mediation or arbitration

Question 2: How do you ensure that all contract documents are in compliance with both internal and external regulations?

Which action should you take?

Choose only one option

By conducting a compliance audit before finalizing contracts

By reviewing external industry regulations and legal requirements

By cross-referencing documents with internal policies

By waiting until project completion to verify compliance

Question 3: In a construction contract, what is the significance of "force majeure" clauses?

Which action should you take?

Choose only one option

To define the scope of the project's quality standards

To outline the contractor's payment terms

To set deadlines for project completion

To allocate responsibility in case of unforeseen events that prevent contract performance

Question 4: What is the most effective way to ensure document access control on construction projects?

Which action should you take?

Choose only one option

Assign roles and permissions for each document to ensure only authorized personnel can access sensitive information

Use generic passwords to allow access to all documents

Keep all documents in one shared folder with unrestricted access

Allow anyone involved in the project to access all documents

Question 5: When reviewing a contract document, which section is most likely to require detailed compliance checks?

Which action should you take?

Choose only one option

The payment schedules and terms

The project's dispute resolution clauses

The project completion deadlines

The scope of work and deliverables

Question 6: In a contract negotiation, how can a contract administrator balance the need for cost savings with the requirement for high-quality work?

Which action should you take?

Choose only one option

By focusing exclusively on cutting costs, disregarding quality requirements

By ignoring the cost and quality balance and focusing only on project deadlines

By carefully crafting terms that ensure quality standards are maintained while controlling costs through specific clauses

By agreeing to the lowest cost terms, regardless of quality standards