1 Exampromax - Stuvia US
NCMA CCMA Study Guide Questions and
Answers 100% Correct Answers Already
Graded A+
Q: The actions of a contract manager to develop solicitations, develop
offers, form contracts, perform contracts, and close contracts.
Ans: Contract Management
Q: The authorized representative or agent for a contracting party.
Ans: Contract Manager
Exampromax - Stuvia US
Q: A mutually binding legal relationship obligating the seller to furnish
supplies or services and the buyer to provide consideration in exchange for
them.
Ans: Contract
Q: The execution of the terms of a contract.
Ans: Contract performance
Q: For contract management, these principles apply to all contract
managers in all phases of the contract life cycle.
Ans: Guiding Principles
Q: The phases of a contract: pre-award, award, and post-award.
Ans: Contract Life Cycle Phases
Q: The areas within a contract life cycle phase that produce significant
contract management outcomes.
Ans: Domains
, 2 Exampromax - Stuvia US
Q: The processes utilized to produce the expected contract management
outcomes of the domains. These processes involve the ability to perform
multiple job tasks, both simultaneously and sequentially, while achieving
meaningful results.
Ans: Competencies
Q: The tasks performed on a routine basis by contract managers. Contract
managers systematically process the job tasks to achieve the expected results
of the competencies.
Ans: Job Tasks
Q: The process of managing contracts throughout the contract life cycle
while ensuring customer satisfaction.
Exampromax - Stuvia US
Ans: Contract Management
Q: Negotiations, changes, requirement interpretations, deliverables,
contract terms and conditions, and risk management are actions of who?
Ans: Contract Manager
Q: The contracted party with the requirement for goods and/or services to
be fulfilled by one or more sellers.
Ans: Buyer
Q: The contracted party tasked with fulfilling the buyer's requirement for
goods and/or services.
Ans: Seller
Q: 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.
Ans: Plan Solicitation
Q: The process of implementing the solicitation plan by soliciting responses
from sellers in order to fulfill a customer need.
, 3 Exampromax - Stuvia US
Ans: Request Offers
Q: The process of describing all the elements of the customer requirements
(technical, business, regulatory, etc.) to the sellers.
Ans: Develop Solicitation
Q: The organization's ability to execute the sales plan as it assembles an
offer to win business.
Ans: Prepare Offer
Q: The process of Determining reasonable cost and pricing, Conducting
negotiations, Selecting the source, and Managing disagreements.
Ans: Form Contract
Exampromax - Stuvia US
Q: The process of examining and evaluating an offeror's proposed price
without evaluation of the separate detailed cost elements and proposed
profit of the offeror's price proposal.
Ans: Price Analysis
Q: The process of preparing for interaction between the buyer and seller
regarding all aspects of the offer and its terms, and often involves clarifying
requirements and parties requesting changes or consideration of an alternate
approach that may be consistent with the solicitation requirements.
Ans: Plan Negotiations
Q: The process of analyzing submitted offers in accordance with the
solicitation evaluation criteria to select the source that has the highest
probability of satisfactory contract performance.
Ans: Select Source
Q: The process of resolving conflict between potential and actual
contracted parties in order to maintain legal conformity
Ans: Manage Disagreements
NCMA CCMA Study Guide Questions and
Answers 100% Correct Answers Already
Graded A+
Q: The actions of a contract manager to develop solicitations, develop
offers, form contracts, perform contracts, and close contracts.
Ans: Contract Management
Q: The authorized representative or agent for a contracting party.
Ans: Contract Manager
Exampromax - Stuvia US
Q: A mutually binding legal relationship obligating the seller to furnish
supplies or services and the buyer to provide consideration in exchange for
them.
Ans: Contract
Q: The execution of the terms of a contract.
Ans: Contract performance
Q: For contract management, these principles apply to all contract
managers in all phases of the contract life cycle.
Ans: Guiding Principles
Q: The phases of a contract: pre-award, award, and post-award.
Ans: Contract Life Cycle Phases
Q: The areas within a contract life cycle phase that produce significant
contract management outcomes.
Ans: Domains
, 2 Exampromax - Stuvia US
Q: The processes utilized to produce the expected contract management
outcomes of the domains. These processes involve the ability to perform
multiple job tasks, both simultaneously and sequentially, while achieving
meaningful results.
Ans: Competencies
Q: The tasks performed on a routine basis by contract managers. Contract
managers systematically process the job tasks to achieve the expected results
of the competencies.
Ans: Job Tasks
Q: The process of managing contracts throughout the contract life cycle
while ensuring customer satisfaction.
Exampromax - Stuvia US
Ans: Contract Management
Q: Negotiations, changes, requirement interpretations, deliverables,
contract terms and conditions, and risk management are actions of who?
Ans: Contract Manager
Q: The contracted party with the requirement for goods and/or services to
be fulfilled by one or more sellers.
Ans: Buyer
Q: The contracted party tasked with fulfilling the buyer's requirement for
goods and/or services.
Ans: Seller
Q: 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.
Ans: Plan Solicitation
Q: The process of implementing the solicitation plan by soliciting responses
from sellers in order to fulfill a customer need.
, 3 Exampromax - Stuvia US
Ans: Request Offers
Q: The process of describing all the elements of the customer requirements
(technical, business, regulatory, etc.) to the sellers.
Ans: Develop Solicitation
Q: The organization's ability to execute the sales plan as it assembles an
offer to win business.
Ans: Prepare Offer
Q: The process of Determining reasonable cost and pricing, Conducting
negotiations, Selecting the source, and Managing disagreements.
Ans: Form Contract
Exampromax - Stuvia US
Q: The process of examining and evaluating an offeror's proposed price
without evaluation of the separate detailed cost elements and proposed
profit of the offeror's price proposal.
Ans: Price Analysis
Q: The process of preparing for interaction between the buyer and seller
regarding all aspects of the offer and its terms, and often involves clarifying
requirements and parties requesting changes or consideration of an alternate
approach that may be consistent with the solicitation requirements.
Ans: Plan Negotiations
Q: The process of analyzing submitted offers in accordance with the
solicitation evaluation criteria to select the source that has the highest
probability of satisfactory contract performance.
Ans: Select Source
Q: The process of resolving conflict between potential and actual
contracted parties in order to maintain legal conformity
Ans: Manage Disagreements
