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contract Management and procurement questions

Q1-Identify advantages and disadvantages of bespoke and standard forms of FM contract.

Q2-Every organization is different, and not all companies will experience the same levels of business risk for any given variable. Therefore, your FM procurement process will likely face potential risk exposure. Discuss in detail the common types of procurement risks.

Q3-in deciding specification, Demand Organisations should consider the maturity and capability of the local market. In some localities, the market may not be mature enough to deliver output specifications therefore input specifications will be required. Recommend an example of the following types of specifications for the FM service line of your choice;

  1. ‘Input’
  2. ‘Output’
  3. ‘Outcome’

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