TEK141 quiz

The exercise was created 2025-11-13 by Jacob_mattsson. Question count: 7.




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  • With which payment method is the contractor taking all the risks? Fixed price
  • According to the paper by Borg and Lind, what are the three steps to define the types of contracts? Define what is to be procured, Define who is responsible for the design, How many contractors will be involved
  • What does the concept of bounded rationality refer to? Rationality is bounded because there are limits to our thinking capacity, available information, and time
  • What is the name of a contract that aims at long-term (open-ended) exchanges of both monetizable and socio-emotional elements (e.g., loyalty, trust) involving a degree of flexibility ? A relational contract
  • What is the main difference between DB and DBB? The distribution of responsibility for the detailed design
  • What does the acronym PPP stand for? Public Private Partnership
  • What payment method is a lump sum contract? Fixed price

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