CTCM Exam Contract Management Exam
UPDATED ACTUAL Questions and
CORRECT Answers
Steps in Contract Management Framework - CORRECT ANSWER - Plan; Procurement;
Contract Formation/Rate/Price Establishment; Contract Oversight
Contract Administrator(CA) vs. Contract Manager(CM) - CORRECT ANSWER - Not the
same but very similiar
CA - responsible for post award
CM - is responsible for all functions of contract mgmt.
What are "resources" a contract mgmt plan should have? - CORRECT ANSWER -
Executives, CM, CA
Procurement Process - CORRECT ANSWER - Need defined: End User: CM and
Purchaser
Procurement Method Selected: Purchaser
Solicitation: Purchaser/CM
Receipt of Proposals /Bids: Purchaser/CM/Eval Team
Evaluation & Award: Purchaser/General Counsel
Inspection and Acceptance: End User: CM
Contract Admin End User: CM/CA
Payment: AP/CM/CA
Contract Closeout: End User: CM/CA
State of Texas Procurement Cycle - CORRECT ANSWER - 1. Need defined
2.Procurement Method Selected
3. Solicitation
, 4. Receipt of Proposals/Bids
5. Evaluation and Award
6. Inspection and Acceptance
7. Contract Admin (Change Mgmt)
8. Payment
9. Contract Closeout
3 "O"'s Approach to Contract Mgmt - CORRECT ANSWER - Outline, Operate, Oversee
Operate - CORRECT ANSWER - Procurement/Contract Formation:Rate/Price
Established: Purchaser/CM/ Legal
Oversee - CORRECT ANSWER - Contract Oversight: End User: CA/CM
Outline - CORRECT ANSWER - Plan: Purchaser/SME/End User/ Internal,external
stakeholders
Ethical Standards of Conduct - EEs should not do - CORRECT ANSWER - 1. Accept or
solicit any gift, favor or service that might influence
2. Accept employment or engage in a business or pro activity where ee might disclose
confidential info
3. Accept other employment or compensation that could impair the ees judgment
Revolving Door #1 - CORRECT ANSWER - applies to all former state officers and ees of
state agencies, may not accept employment from that person for 2 years after date he or she
leaves agency
Revolving Door #2 - CORRECT ANSWER - applies to former board member and former
execs of reg agencies may not appear before or communicate with officers or ees of the agency
with the intent to influence the board for 2 years after the date he or she leaves the reg agency
UPDATED ACTUAL Questions and
CORRECT Answers
Steps in Contract Management Framework - CORRECT ANSWER - Plan; Procurement;
Contract Formation/Rate/Price Establishment; Contract Oversight
Contract Administrator(CA) vs. Contract Manager(CM) - CORRECT ANSWER - Not the
same but very similiar
CA - responsible for post award
CM - is responsible for all functions of contract mgmt.
What are "resources" a contract mgmt plan should have? - CORRECT ANSWER -
Executives, CM, CA
Procurement Process - CORRECT ANSWER - Need defined: End User: CM and
Purchaser
Procurement Method Selected: Purchaser
Solicitation: Purchaser/CM
Receipt of Proposals /Bids: Purchaser/CM/Eval Team
Evaluation & Award: Purchaser/General Counsel
Inspection and Acceptance: End User: CM
Contract Admin End User: CM/CA
Payment: AP/CM/CA
Contract Closeout: End User: CM/CA
State of Texas Procurement Cycle - CORRECT ANSWER - 1. Need defined
2.Procurement Method Selected
3. Solicitation
, 4. Receipt of Proposals/Bids
5. Evaluation and Award
6. Inspection and Acceptance
7. Contract Admin (Change Mgmt)
8. Payment
9. Contract Closeout
3 "O"'s Approach to Contract Mgmt - CORRECT ANSWER - Outline, Operate, Oversee
Operate - CORRECT ANSWER - Procurement/Contract Formation:Rate/Price
Established: Purchaser/CM/ Legal
Oversee - CORRECT ANSWER - Contract Oversight: End User: CA/CM
Outline - CORRECT ANSWER - Plan: Purchaser/SME/End User/ Internal,external
stakeholders
Ethical Standards of Conduct - EEs should not do - CORRECT ANSWER - 1. Accept or
solicit any gift, favor or service that might influence
2. Accept employment or engage in a business or pro activity where ee might disclose
confidential info
3. Accept other employment or compensation that could impair the ees judgment
Revolving Door #1 - CORRECT ANSWER - applies to all former state officers and ees of
state agencies, may not accept employment from that person for 2 years after date he or she
leaves agency
Revolving Door #2 - CORRECT ANSWER - applies to former board member and former
execs of reg agencies may not appear before or communicate with officers or ees of the agency
with the intent to influence the board for 2 years after the date he or she leaves the reg agency
