NCMA CCMA Study Guide Questions
with Complete Answers
The process of executing contract requirements, managing business relationships,
ensuring quality, and managing changes - ANSWER-Perform Contract
The process of Confirming expectations, Maintaining communication channels,
Processing contract documentation, Conducting post-award performance reviews,
and Assessing contract performance. - ANSWER-Administer Contract
The process of Planning for contract performance delivery and monitoring, and
Inspecting and accepting contract performance. - ANSWER-Ensure Quality
The management of contracts in support of the prime contract. - ANSWER-Manage
Subcontracts
The process of Initiating, considering, negotiating, and issuing contract modifications;
and Maintaining configuration control of the contract and subsequent contract
performance. - ANSWER-Manage Changes
The process of Verifying all the requirements of the contract are satisfied, Settling
unresolved matters, and Reconciling the contract to make final payment. -
ANSWER-Close Contract
The process of ensuring All performance has been accomplished, Final contractor
performance has been evaluated, Final payment has been made, and The contract
has been reconciled. - ANSWER-Close Out Contract
Helps to define the ethical behavior expected of all contract managers and their
organizations. - ANSWER-Standards of Conduct
Create trust and confidence in the integrity of the contract management process -
ANSWER-Standards of Conduct
___ is about the knowledge and application of laws, codes, and regulations. -
ANSWER-Contract Management Profession
A document established through the consensus-based activities of an accredited,
authoritative organization. - ANSWER-An American National Standard
Publication was developed through a rigorous process involving materially affected
and interested parties. - ANSWER-Contract Management Standard™
is intended to improve individual competence and organizational capability by
providing a more in-depth description of context, environment, and influences on
contract management. - ANSWER-Contract Management Body of Knowledge
, ___ Publication defines key contract management concepts and processes and
serves as the foundation and framework for the Contract Management Body of
Knowledge® - ANSWER-Contract Management Standard
Pre-Award, Award, and Post-Award are apart of the - ANSWER-Contract Life Cycle
Develop Solicitation, Develop Offer, Form Contract, Perform Contract, and close
contract are what? - ANSWER-Domains
The __ process for the buyer includes assisting the customer in defining the
requirement. - ANSWER-Pre-Award
Which process includes developing a comprehensive plan for fulfilling the
requirement in a timely manner at a reasonable price? - ANSWER-Pre-Award
The buyer competencies for this domain are "plan solicitation" and "request offers." -
ANSWER-Develop Solicitation
The seller competencies for this domain are "plan sales" and "prepare offer." -
ANSWER-Develop Offer
The process of describing all the elements of the customer requirements (technical,
business, regulatory, etc.) to the sellers. - ANSWER-Develop Solicitation
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 timely manner at a reasonable cost. - ANSWER-Plan
Solicitation
__ is primarily the domain of the buyer. - ANSWER-Develop Solicitation
__ is primarily the domain of the seller. - ANSWER-Develop Offer
__ is the process of Organizing pre-sales activities to develop customer relations and
market strategy, Understanding the marketplace, and Assessing competition. -
ANSWER-Plan Sales
__ is the organization's ability to execute the sales plan as it assembles an offer to
win business. - ANSWER-Prepare Offer
The second contract life cycle phase is __. - ANSWER-Award
The __ process involves all the work performed by both the buyer and seller that
produces an awarded contract - ANSWER-Award
There is one domain in the award phase: __. - ANSWER-Form Contract
__ is the process of: Determining reasonable cost and pricing, Conducting
negotiations, Selecting the source, and Managing disagreements. - ANSWER-Form
Contract
with Complete Answers
The process of executing contract requirements, managing business relationships,
ensuring quality, and managing changes - ANSWER-Perform Contract
The process of Confirming expectations, Maintaining communication channels,
Processing contract documentation, Conducting post-award performance reviews,
and Assessing contract performance. - ANSWER-Administer Contract
The process of Planning for contract performance delivery and monitoring, and
Inspecting and accepting contract performance. - ANSWER-Ensure Quality
The management of contracts in support of the prime contract. - ANSWER-Manage
Subcontracts
The process of Initiating, considering, negotiating, and issuing contract modifications;
and Maintaining configuration control of the contract and subsequent contract
performance. - ANSWER-Manage Changes
The process of Verifying all the requirements of the contract are satisfied, Settling
unresolved matters, and Reconciling the contract to make final payment. -
ANSWER-Close Contract
The process of ensuring All performance has been accomplished, Final contractor
performance has been evaluated, Final payment has been made, and The contract
has been reconciled. - ANSWER-Close Out Contract
Helps to define the ethical behavior expected of all contract managers and their
organizations. - ANSWER-Standards of Conduct
Create trust and confidence in the integrity of the contract management process -
ANSWER-Standards of Conduct
___ is about the knowledge and application of laws, codes, and regulations. -
ANSWER-Contract Management Profession
A document established through the consensus-based activities of an accredited,
authoritative organization. - ANSWER-An American National Standard
Publication was developed through a rigorous process involving materially affected
and interested parties. - ANSWER-Contract Management Standard™
is intended to improve individual competence and organizational capability by
providing a more in-depth description of context, environment, and influences on
contract management. - ANSWER-Contract Management Body of Knowledge
, ___ Publication defines key contract management concepts and processes and
serves as the foundation and framework for the Contract Management Body of
Knowledge® - ANSWER-Contract Management Standard
Pre-Award, Award, and Post-Award are apart of the - ANSWER-Contract Life Cycle
Develop Solicitation, Develop Offer, Form Contract, Perform Contract, and close
contract are what? - ANSWER-Domains
The __ process for the buyer includes assisting the customer in defining the
requirement. - ANSWER-Pre-Award
Which process includes developing a comprehensive plan for fulfilling the
requirement in a timely manner at a reasonable price? - ANSWER-Pre-Award
The buyer competencies for this domain are "plan solicitation" and "request offers." -
ANSWER-Develop Solicitation
The seller competencies for this domain are "plan sales" and "prepare offer." -
ANSWER-Develop Offer
The process of describing all the elements of the customer requirements (technical,
business, regulatory, etc.) to the sellers. - ANSWER-Develop Solicitation
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 timely manner at a reasonable cost. - ANSWER-Plan
Solicitation
__ is primarily the domain of the buyer. - ANSWER-Develop Solicitation
__ is primarily the domain of the seller. - ANSWER-Develop Offer
__ is the process of Organizing pre-sales activities to develop customer relations and
market strategy, Understanding the marketplace, and Assessing competition. -
ANSWER-Plan Sales
__ is the organization's ability to execute the sales plan as it assembles an offer to
win business. - ANSWER-Prepare Offer
The second contract life cycle phase is __. - ANSWER-Award
The __ process involves all the work performed by both the buyer and seller that
produces an awarded contract - ANSWER-Award
There is one domain in the award phase: __. - ANSWER-Form Contract
__ is the process of: Determining reasonable cost and pricing, Conducting
negotiations, Selecting the source, and Managing disagreements. - ANSWER-Form
Contract
