NCMA CCMA Study Guide UPDATED
ACTUAL Exam Questions and CORRECT
Answers
The actions of a contract manager to develop solicitations, develop offers, form contracts,
perform contracts, and close contracts. - CORRECT ANSWER - Contract Management
The authorized representative or agent for a contracting party. - CORRECT ANSWER -
Contract Manager
A mutually binding legal relationship obligating the seller to furnish supplies or services and the
buyer to provide consideration in exchange for them. - CORRECT ANSWER - Contract
The execution of the terms of a contract. - CORRECT ANSWER - Contract performance
For contract management, these principles apply to all contract managers in all phases of the
contract life cycle. - CORRECT ANSWER - Guiding Principles
The phases of a contract: pre-award, award, and post-award. - CORRECT ANSWER -
Contract Life Cycle Phases
The areas within a contract life cycle phase that produce significant contract management
outcomes. - CORRECT ANSWER - Domains
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. - CORRECT ANSWER - Competencies
, 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. - CORRECT
ANSWER - Job Tasks
The process of managing contracts throughout the contract life cycle while ensuring customer
satisfaction. - CORRECT ANSWER - Contract Management
Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions,
and risk management are actions of who? - CORRECT ANSWER - Contract Manager
The contracted party with the requirement for goods and/or services to be fulfilled by one or
more sellers. - CORRECT ANSWER - Buyer
The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. -
CORRECT ANSWER - 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
timely manner at a reasonable cost. - CORRECT ANSWER - Plan Solicitation
The process of implementing the solicitation plan by soliciting responses from sellers in order to
fulfill a customer need. - CORRECT ANSWER - Request Offers
The process of describing all the elements of the customer requirements (technical, business,
regulatory, etc.) to the sellers. - CORRECT ANSWER - Develop Solicitation
The organization's ability to execute the sales plan as it assembles an offer to win business. -
CORRECT ANSWER - Prepare Offer
The process of Determining reasonable cost and pricing, Conducting negotiations, Selecting the
source, and Managing disagreements. - CORRECT ANSWER - Form Contract
ACTUAL Exam Questions and CORRECT
Answers
The actions of a contract manager to develop solicitations, develop offers, form contracts,
perform contracts, and close contracts. - CORRECT ANSWER - Contract Management
The authorized representative or agent for a contracting party. - CORRECT ANSWER -
Contract Manager
A mutually binding legal relationship obligating the seller to furnish supplies or services and the
buyer to provide consideration in exchange for them. - CORRECT ANSWER - Contract
The execution of the terms of a contract. - CORRECT ANSWER - Contract performance
For contract management, these principles apply to all contract managers in all phases of the
contract life cycle. - CORRECT ANSWER - Guiding Principles
The phases of a contract: pre-award, award, and post-award. - CORRECT ANSWER -
Contract Life Cycle Phases
The areas within a contract life cycle phase that produce significant contract management
outcomes. - CORRECT ANSWER - Domains
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. - CORRECT ANSWER - Competencies
, 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. - CORRECT
ANSWER - Job Tasks
The process of managing contracts throughout the contract life cycle while ensuring customer
satisfaction. - CORRECT ANSWER - Contract Management
Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions,
and risk management are actions of who? - CORRECT ANSWER - Contract Manager
The contracted party with the requirement for goods and/or services to be fulfilled by one or
more sellers. - CORRECT ANSWER - Buyer
The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. -
CORRECT ANSWER - 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
timely manner at a reasonable cost. - CORRECT ANSWER - Plan Solicitation
The process of implementing the solicitation plan by soliciting responses from sellers in order to
fulfill a customer need. - CORRECT ANSWER - Request Offers
The process of describing all the elements of the customer requirements (technical, business,
regulatory, etc.) to the sellers. - CORRECT ANSWER - Develop Solicitation
The organization's ability to execute the sales plan as it assembles an offer to win business. -
CORRECT ANSWER - Prepare Offer
The process of Determining reasonable cost and pricing, Conducting negotiations, Selecting the
source, and Managing disagreements. - CORRECT ANSWER - Form Contract
