CCMP Test Questions With Complete
Correct Answers.
What is included in the contract? Answer - Anything that is referenced as part of the
contract.
Scope Answer - Which core contract element addresses what the contract is about?
When was the contract agreed? Answer - Which of the following is NOT one of the
four core elements of a contract?
1,3,4 Answer - Which of the following may be incorporated into the contract? 1.) bid
documents 3.) Letters, change orders and specifications. 4.) SOWs, SLAs, RFP,
procedures and prices
The bid, negotiation and implementation teams Answer - Who should be involved in
the formal contract hand over meeting?
Keep Satisfied Answer - A stakeholder group with a low level os impact and a high
level of dependence on an outcome is represented as which group type for
communication purposes?
Stay informed and maintain confidence Answer - By understanding projects on a
stakeholders radar screen, you will
Build awareness Answer - If you are unlikely to be impacted by a contract and you
have little importance towards it then you are most likely to be categorized as which
type of stakeholder?
Both 1 and 2 Answer - What should be considered when identifying a stakeholders
important issues? 1.) What programs they have in the near future. 2.) What they
consider to be a risk.
A very complex project may require a more segmented approach to evaluation. This
is called a..? Answer - Two cycle evaluation
What are intangible evaluation criteria? Answer - Factors that rely on organizational
culture and behavior
When embarking on a long term project, which of the following is often not given
adequate consideration at the proposal evaluation stage? Answer - The suppliers
cultural compatibility with the buyer
When is the earliest you can begin to define the evaluation matrix for an RFP
Answer - Prior to drafting the RFP
, What is the name of the bid evaluation approach that requires a supplier to achieve a
satisfactory level on specific evaluation criteria? Answer - Hurdle
Above what value does the uniform commercial code in the USA require contracts to
be in writing? Answer - US $500
Of the following, which is the best time to address dispute resolution procedures?
Answer - Procedures should be agreed at the beginning of negotiations.
What do cross-border contracts involving countries who have signed up to the UN
convention on contracts for the international sale of goods (CISG) provide? Answer -
CISG automatically applies unless specifically excluded.
What effect does the UN convention on contracts for the international sale of goods
(CISG) have on stating a time limit in which the offer must be accepted? Answer -
Creates an irrevocable offer
Which of the following statements about offer termination is true/false? 1.) Offers
may not be terminated once they have been made, and 2.) Offers may only be
terminated using the same method by which the offer was made. Answer - Only 2 is
true.
Of the following, which timing for the preparation and signing of a NDA will best
protect both customer and suppliers interests? Answer - When RFI documents are
issued
What information should a bidder be required to include in their proposal Answer -
Corporate financial statements
What process is used to solicit proposals from suppliers where the buyer has strong
and well thought out business requirements Answer - Request for proposal RFI
When sending out an RFP, what request should you include in your cover letter?
Answer - Explanation of any variations from your requirements
Which of the following are possible outcomes of an RFI process? 2.) Decision to
make 3.) Send the project out under an RFP 4.) Kill the project Answer - 2, 3, 4
How may a contract expire? Answer - Automatically
What is an example of a responsibility that may continue after a contract has ended
Answer - Confidentiality
What type of termination occurs when one party fails to meet its contractual
obligations? Answer - termination for cause
What type of termination occurs when the parties agree to end the contract by
agreement Answer - termination for convenience
Correct Answers.
What is included in the contract? Answer - Anything that is referenced as part of the
contract.
Scope Answer - Which core contract element addresses what the contract is about?
When was the contract agreed? Answer - Which of the following is NOT one of the
four core elements of a contract?
1,3,4 Answer - Which of the following may be incorporated into the contract? 1.) bid
documents 3.) Letters, change orders and specifications. 4.) SOWs, SLAs, RFP,
procedures and prices
The bid, negotiation and implementation teams Answer - Who should be involved in
the formal contract hand over meeting?
Keep Satisfied Answer - A stakeholder group with a low level os impact and a high
level of dependence on an outcome is represented as which group type for
communication purposes?
Stay informed and maintain confidence Answer - By understanding projects on a
stakeholders radar screen, you will
Build awareness Answer - If you are unlikely to be impacted by a contract and you
have little importance towards it then you are most likely to be categorized as which
type of stakeholder?
Both 1 and 2 Answer - What should be considered when identifying a stakeholders
important issues? 1.) What programs they have in the near future. 2.) What they
consider to be a risk.
A very complex project may require a more segmented approach to evaluation. This
is called a..? Answer - Two cycle evaluation
What are intangible evaluation criteria? Answer - Factors that rely on organizational
culture and behavior
When embarking on a long term project, which of the following is often not given
adequate consideration at the proposal evaluation stage? Answer - The suppliers
cultural compatibility with the buyer
When is the earliest you can begin to define the evaluation matrix for an RFP
Answer - Prior to drafting the RFP
, What is the name of the bid evaluation approach that requires a supplier to achieve a
satisfactory level on specific evaluation criteria? Answer - Hurdle
Above what value does the uniform commercial code in the USA require contracts to
be in writing? Answer - US $500
Of the following, which is the best time to address dispute resolution procedures?
Answer - Procedures should be agreed at the beginning of negotiations.
What do cross-border contracts involving countries who have signed up to the UN
convention on contracts for the international sale of goods (CISG) provide? Answer -
CISG automatically applies unless specifically excluded.
What effect does the UN convention on contracts for the international sale of goods
(CISG) have on stating a time limit in which the offer must be accepted? Answer -
Creates an irrevocable offer
Which of the following statements about offer termination is true/false? 1.) Offers
may not be terminated once they have been made, and 2.) Offers may only be
terminated using the same method by which the offer was made. Answer - Only 2 is
true.
Of the following, which timing for the preparation and signing of a NDA will best
protect both customer and suppliers interests? Answer - When RFI documents are
issued
What information should a bidder be required to include in their proposal Answer -
Corporate financial statements
What process is used to solicit proposals from suppliers where the buyer has strong
and well thought out business requirements Answer - Request for proposal RFI
When sending out an RFP, what request should you include in your cover letter?
Answer - Explanation of any variations from your requirements
Which of the following are possible outcomes of an RFI process? 2.) Decision to
make 3.) Send the project out under an RFP 4.) Kill the project Answer - 2, 3, 4
How may a contract expire? Answer - Automatically
What is an example of a responsibility that may continue after a contract has ended
Answer - Confidentiality
What type of termination occurs when one party fails to meet its contractual
obligations? Answer - termination for cause
What type of termination occurs when the parties agree to end the contract by
agreement Answer - termination for convenience
