CTCM – Certified exam 2023/2024 with 100% correct answers

Contract Management - correct answer The entire process from planning through contract administration Contract Manager - correct answer oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses • Assuring contract rates/pricing are within budget • Contract award Contract Administrator - correct answer responsible for the post award functions • Relationship management • Implementing & monitoring vendor performance 7 contract compliance • Approving payments • Managing contract changes The 3 O's Approach - correct answer outline, operate and oversee outline includes - correct answer • Develop team • Conduct risk assessment • Identify the need Determine procurement method to operate includes - correct answer • Prepare solicitation