NCMA CPCM (Contract Management Body of
Knowledge) EXAM 2025/2026 QUESTIONS AND
ANSWERS GRADED A+
Why would contract managers need vision?
To drive behaviors that achieve the mission
Optimism is an important leadership tool, but it can be undermined by:
Inflexibility
You've read FAR 33.103 (Agency Protests) over and over and are still unable to
determine if you can go ahead and award the contract. This could be an example of
_______________, and your next step could be _______________.
Insufficient information; consult with stakeholders
Character is composed of which three elements?
Integrity, optimism, decisiveness
,When pre-planning strategies for making a decision, the leader should:
Dispel assumptions that can negatively affect his/her leadership role
Which of the following is a principle required for an organizational culture of high
ethical standards? (-a. Documenting all decisions, -b. Providing rationale for all
decisions, -c. Including others in decisions, -d. Leading by example)
Leading by example
When your supervisor fails to delegate tasks to you, preferring to do it themselves,
what is this called?
Resisting force to achieving competence
Successful contract management depends on the leader's ability to integrate:
The leadership process competencies
If you are an experienced contract management leader and you need to make a fast,
high risk decision in an uncertain situation, what is the best approach?
Intuition
,Risk management is:
The ability to efficiently and cost-effectively mitigate problems
When tracking costs following the award of a contract, what is latency?
The delay between when a cost is incurred and when it appears in the accounting
system.
This costing method uses a two-step process: 1 - assign the resource costs of each
activity, and 2 - assign activity costs to the output:
Activity-Based Costing System.
The process for creating the Resource-Loaded Schedule begins with:
...extracting a Work Breakdown Structure from the Statement of Work.
When suppliers are being certified or pre-qualified they have been:
Screened
Recommended basic types of feedback
, Corrective, confirmatory, motivating
A decisive leader is
Confident and effective
Which of the following is a leadership process competency? (-a. Character, -b.
Credibility, -c. Confidence, -d. Cooperation)
Character
Which of the following is not a step in the 6-step Decision-Making process to
decisive decision making? (-a. Provide feedback, -b. Implement the decision, -c.
Collect internal and external opinions , -d. Pre-plan strategies to make the decision)
Collect internal and external opinions
What can reduce or even eliminate the creative process?
Forced consensus
In which decision-making step should one create objectives and goals?
Pre-plan strategies
Knowledge) EXAM 2025/2026 QUESTIONS AND
ANSWERS GRADED A+
Why would contract managers need vision?
To drive behaviors that achieve the mission
Optimism is an important leadership tool, but it can be undermined by:
Inflexibility
You've read FAR 33.103 (Agency Protests) over and over and are still unable to
determine if you can go ahead and award the contract. This could be an example of
_______________, and your next step could be _______________.
Insufficient information; consult with stakeholders
Character is composed of which three elements?
Integrity, optimism, decisiveness
,When pre-planning strategies for making a decision, the leader should:
Dispel assumptions that can negatively affect his/her leadership role
Which of the following is a principle required for an organizational culture of high
ethical standards? (-a. Documenting all decisions, -b. Providing rationale for all
decisions, -c. Including others in decisions, -d. Leading by example)
Leading by example
When your supervisor fails to delegate tasks to you, preferring to do it themselves,
what is this called?
Resisting force to achieving competence
Successful contract management depends on the leader's ability to integrate:
The leadership process competencies
If you are an experienced contract management leader and you need to make a fast,
high risk decision in an uncertain situation, what is the best approach?
Intuition
,Risk management is:
The ability to efficiently and cost-effectively mitigate problems
When tracking costs following the award of a contract, what is latency?
The delay between when a cost is incurred and when it appears in the accounting
system.
This costing method uses a two-step process: 1 - assign the resource costs of each
activity, and 2 - assign activity costs to the output:
Activity-Based Costing System.
The process for creating the Resource-Loaded Schedule begins with:
...extracting a Work Breakdown Structure from the Statement of Work.
When suppliers are being certified or pre-qualified they have been:
Screened
Recommended basic types of feedback
, Corrective, confirmatory, motivating
A decisive leader is
Confident and effective
Which of the following is a leadership process competency? (-a. Character, -b.
Credibility, -c. Confidence, -d. Cooperation)
Character
Which of the following is not a step in the 6-step Decision-Making process to
decisive decision making? (-a. Provide feedback, -b. Implement the decision, -c.
Collect internal and external opinions , -d. Pre-plan strategies to make the decision)
Collect internal and external opinions
What can reduce or even eliminate the creative process?
Forced consensus
In which decision-making step should one create objectives and goals?
Pre-plan strategies
