Written by students who passed Immediately available after payment Read online or as PDF Wrong document? Swap it for free 4.6 TrustPilot
logo-home
Document preview thumbnail
Preview 2 out of 15 pages
Exam (elaborations)

IDRL EXAM PREP QUESTIONS WITH 100% VERIFIED SOLUTIONS

Document preview thumbnail
Preview 2 out of 15 pages

QUESTIONS AND ANSWERS

Content preview

NCMA CCMA Study Guide(Cer0fied Contract
Management Associate) Correct Answer
2024/2025
The ac'ons of a contract manager to develop solicita'ons, develop offers, form
contracts, perform contracts, and close contracts.
Contract Management
The authorized representa've or agent for a contrac'ng party.
Contract Manager
A mutually binding legal rela'onship obliga'ng the seller to furnish supplies or
services and the buyer to provide considera'on in exchange for them.
Contract
The execu'on of the terms of a contract.
Contract performance
For contract management, these principles apply to all contract managers in all
phases of the contract life cycle.
Guiding Principles
The phases of a contract: pre-award, award, and post-award.
Contract Life Cycle Phases
The areas within a contract life cycle phase that produce significant contract
management outcomes.
Domains
The processes u'lized to produce the expected contract management
outcomes of the domains. These processes involve the ability to perform
mul'ple job tasks, both simultaneously and sequen'ally, while achieving
meaningful results.
Competencies

, The tasks performed on a rou'ne basis by contract managers. Contract
managers systema'cally process the job tasks to achieve the expected results
of the competencies.
Job Tasks
The process of managing contracts throughout the contract life cycle while
ensuring customer sa'sfac'on.
Contract Management
Nego'a'ons, changes, requirement interpreta'ons, deliverables, contract
terms and condi'ons, and risk management are ac'ons of who?
Contract Manager
The contracted party with the requirement for goods and/or services to be
fulfilled by one or more sellers.
Buyer
The contracted party tasked with fulfilling the buyer's requirement for goods
and/or services.
Seller
The process by which efforts of all personnel responsible for acquiring goods or
services are coordinated and integrated through a comprehensive plan for
fulfilling the customer need in a 'mely manner at a reasonable cost.
Plan Solicita'on
The process of implemen'ng the solicita'on plan by solici'ng responses from
sellers in order to fulfill a customer need.
Request Offers
The process of describing all the elements of the customer requirements
(technical, business, regulatory, etc.) To the sellers.
Develop Solicita'on

Document information

Uploaded on
October 26, 2024
Number of pages
15
Written in
2024/2025
Type
Exam (elaborations)
Contains
Questions & answers
$16.99

Wrong document? Swap it for free Within 14 days of purchase and before downloading, you can choose a different document. You can simply spend the amount again.
Written by students who passed
Immediately available after payment
Read online or as PDF

Seller avatar
Reputation scores are based on the amount of documents a seller has sold for a fee and the reviews they have received for those documents. There are three levels: Bronze, Silver and Gold. The better the reputation, the more your can rely on the quality of the sellers work.
EXEMPLARY1
4.0
(54)
Sold
419
Followers
364
Items
2411
Last sold
2 months ago



Why students choose Stuvia

Created by fellow students, verified by reviews

Quality you can trust: written by students who passed their tests and reviewed by others who've used these notes.

Didn't get what you expected? Choose another document

No worries! You can instantly pick a different document that better fits what you're looking for.

Pay as you like, start learning right away

No subscription, no commitments. Pay the way you're used to via credit card and download your PDF document instantly.

Student with book image

“Bought, downloaded, and aced it. It really can be that simple.”

Alisha Student

Working on your references?

Create accurate citations in APA, MLA and Harvard with our free citation generator.

Working on your references?

Frequently asked questions