CTCM - Certified Texas Contract Management Exam With Complete Solutions Graded A+

CTCM - Certified Texas Contract Management Exam With Complete Solutions Graded A+ Contract Management The entire process from planning through contract administration Contract Manager 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 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 outline, operate and oversee outline includes • Develop team • Conduct risk assessment • Identify the need Determine procurement method to operate includes • Prepare solicitation • Copies to CAT/CPA • Solicit proposals • Evaluate responses • award to oversee refers to and includes the process of: • Execute contract • Monitor performance • Manage change • Approve payment • Contract closeout The contract management framework process Plan - identify objectives & strategy Procurement - Rate & price establishment - ensure provisions are in place that hold contractor accountable for desired results, seek cost effectiveness Contract formation - Contract oversight - monitor & enforce terms of contract Risk assessment process includes