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CCMP 2026/2027 – 100+ Exam Questions & Answers | Contracts, Negotiation, RFP, SLA, Risk & Procurement | WorldCC/IACCM

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This CCMP 2026/2027 exam preparation document contains 100+ practice questions with answers across 20 pages, providing focused revision material for students and professionals studying Contract and Commercial Management. The questions cover the contract lifecycle and major examination areas, including contract scope and core elements, contract handover, stakeholder analysis, proposal and bid evaluation, RFI and RFP processes, contract acceptance and termination, dispute management, mediation, change control, performance management, documentary records, pricing and cost analysis, negotiation strategies, risk management, PESTLE analysis, knowledge management, Service Level Agreements (SLAs), Statements of Work (SOWs), contract drafting, force majeure, INCOTERMS, product lifecycle management, BAFO, and total cost of ownership. The material gives particular attention to practical commercial-contract scenarios. Students review concepts such as stakeholder communication strategies, hurdle-based bid evaluation, CISG rules, confidentiality and NDAs, termination for cause and convenience, managing unauthorized contract changes, scope-schedule-cost relationships, service credits and incentives, principled versus positional negotiation, consortium and teaming agreements, liquidated damages, turnkey contracts, supplier evaluation, opportunity costs, and procurement risk. These topics closely reflect the wider contract-lifecycle framework found in Contract and Commercial Management – The Operational Guide by Katherine Kawamoto, Mark David and Tim Cummins, published by Van Haren Publishing. The reference work addresses the Initiate, Bid, Development, Negotiate and Manage phases and includes finance, law, negotiation, dispute resolution, change control and risk management. Academic reference: Kawamoto, K., David, M. & Cummins, T. (2011), Contract and Commercial Management – The Operational Guide, Van Haren Publishing, ISBN 9789087536282. The Chartered Management Institute also identifies IACCM's Fundamentals of Contract and Commercial Management and Contract and Commercial Management: The Operational Guide as contract-management references, alongside journals such as the International Journal of Procurement Management and Journal of Purchasing & Supply Management. Relevant students: This document is particularly relevant to learners preparing for CCMP/Contract and Commercial Management examinations and certification, as well as students studying contract management, commercial management, procurement and supply chain management, purchasing, business law, project management, supplier management, contract administration, negotiation, and related business or management courses. It can also support commercial and procurement professionals who want question-and-answer revision material covering both pre-award and post-award contract management. The uploaded document itself does not identify a specific university or course code, so adding a university name or invented course code would be inaccurate. Keywords: CCMP , CCMP exam questions, CCMP questions and answers, CCMP practice test, CCMP exam preparation, contract management questions, commercial contract management, contract lifecycle, contract negotiation, RFP questions, RFI process, SLA, statement of work, SOW, stakeholder management, bid evaluation, procurement management, dispute resolution, change control, contract risk management, PESTLE analysis, CISG, INCOTERMS, force majeure, liquidated damages, BAFO, total cost of ownership, supplier management, contract drafting, commercial management exam, contract administration

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CCMP Test Questions
2026/2027 Exam All Answers
and Illustrations Given



What is included in the contract? - ANSWER ✔✔Anything that is

referenced as part of the contract.


Scope - ANSWER ✔✔Which core contract element addresses what

the contract is about?


When was the contract agreed? - ANSWER ✔✔Which of the

following is NOT one of the four core elements of a contract?


1,3,4 - ANSWER ✔✔Which of the following may be incorporated into

the contract? 1.) bid documents 3.) Letters, change orders and

specifications. 4.) SOWs, SLAs, RFP, procedures and prices

,The bid, negotiation and implementation teams - ANSWER ✔✔Who

should be involved in the formal contract hand over meeting?


Keep Satisfied - ANSWER ✔✔A stakeholder group with a low level os

impact and a high level of dependence on an outcome is represented as

which group type for communication purposes?


Stay informed and maintain confidence - ANSWER ✔✔By

understanding projects on a stakeholders radar screen, you will


Build awareness - ANSWER ✔✔If you are unlikely to be impacted by

a contract and you have little importance towards it then you are most

likely to be categorized as which type of stakeholder?


Both 1 and 2 - ANSWER ✔✔What should be considered when

identifying a stakeholders important issues? 1.) What programs they

have in the near future. 2.) What they consider to be a risk.

A very complex project may require a more segmented approach to

evaluation. This is called a..? - ANSWER ✔✔Two cycle evaluation


What are intangible evaluation criteria? - ANSWER ✔✔Factors that

rely on organizational culture and behavior

, When embarking on a long term project, which of the following is often

not given adequate consideration at the proposal evaluation stage? -

ANSWER ✔✔The suppliers cultural compatibility with the buyer


When is the earliest you can begin to define the evaluation matrix for an

RFP - ANSWER ✔✔Prior to drafting the RFP


What is the name of the bid evaluation approach that requires a supplier

to achieve a satisfactory level on specific evaluation criteria? -

ANSWER ✔✔Hurdle


Above what value does the uniform commercial code in the USA require

contracts to be in writing? - ANSWER ✔✔US $500


Of the following, which is the best time to address dispute resolution

procedures? - ANSWER ✔✔Procedures should be agreed at the

beginning of negotiations.

What do cross-border contracts involving countries who have signed up

to the UN convention on contracts for the international sale of goods

(CISG) provide? - ANSWER ✔✔CISG automatically applies unless

specifically excluded.




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