CIPS L3M3 Exam Dumps

Get All Contract Administration Exam Questions with Validated Answers

L3M3 Pack
Vendor: CIPS
Exam Code: L3M3
Exam Name: Contract Administration
Exam Questions: 90
Last Updated: January 7, 2026
Related Certifications: Level 3 Advanced Certificate in Procurement and Supply Operations
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Free CIPS L3M3 Exam Actual Questions

Question No. 1

Contribution is equivalent to:

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Correct Answer: D

Selling price minus variable costs = contribution., or more accurately 'contribution towards fixed costs and making a profit'. I find this longer term for 'fixed costs' to be quite helpful in clarifying exactly what we are talking about here.


Question No. 2

Johnson, Scholes and Whittington suggested three key criteria for options which can be used in the evaluation of a business case. Which word was not one of these three key criteria?

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Correct Answer: A

'Is it acceptable, feasible and suitable?' are the tests.


Question No. 3

After a framework arrangement is in place, a further XXXX competition can be held. Which word replaces XXXX?

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Correct Answer: A

A mini-competition may be held to select a supplier, depending on the wording in the framework arrangement documentation and circumstances at the time.


Question No. 4

In which quadrant of a SWOT analysis would 'well-developed management skills, unique intellec-tual property rights and sound financial backing' appear?

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Correct Answer: C

Strengths.


Question No. 5

Qualitative research / data can accurately be described as XXX rather than 'counting'. What is XXX?

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Correct Answer: B

Probing.

Qualitative research enables a researcher to develop themes of interest, in more depth than simpler quantitative research.


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