Exam (elaborations) CON 3990V.

CON 3990V. FAR Part 1 - CORRECT Federal Acquisition Regulation System FAR Part 2 - CORRECT Definitions of Words and Terms FAR Part 3 - CORRECT Improper Business Practices & Personal Conflicts of Interest FAR Part 4 - CORRECT Administrative Matters FAR Part 5 - CORRECT Publicizing Contract Actions FAR Part 6 - CORRECT Competitive Requirements FAR Part 7 - CORRECT Acquisition Planning FAR Part 8 - CORRECT Required Sources of Supplies and Service FAR Part 10 - CORRECT Market Research FAR Part 12 - CORRECT Acquisition of Commercial Items FAR Part 13 - CORRECT Simplified Acquisition Procedures (SAP) FAR Part 15 - CORRECT Contract by Negotiation FAR Part 16 - CORRECT Types of Contracts FAR Part 19 - CORRECT Small Business Programs FAR Part 31 - CORRECT Contract Cost Principles & Procedures FAR Part 33 - CORRECT Protests, Disputes, and Appeals FAR Part 42 - CORRECT Contract Administration & Audit Services FAR Part 44 - CORRECT Subcontracting Policies & Procedures FAR Part 46 - CORRECT Quality Assurance FAR Part 49 - CORRECT Termination of Contracts FAR Part 50 - CORRECT Extraordinary contractual actions and safety act FAR Part 51 - CORRECT Use of Government Sources by Contractors FAR Part 52 - CORRECT Solicitation Provisions and Contract Clauses FAR Part 53 - CORRECT FORMS Contracting Life Cycle Phases - CORRECT 1. Pre-Award 2. Award 3. Post Award Communication and Decision Making Bias - CORRECT 1. Minimize influence of Personal biases 2. Maximize the likelihood of a successful result. 3. Facilitate communication among affected parties. Minimize the Effect of Personal Biases - CORRECT The contracting professional should strive to minimize the influence of personal biases. Maximize the likelihood of Successful Results - CORRECT 1. AR 1.102-4(e) states that contracting officers "should take the lead in encouraging business process innovations and ensuring that business decisions are sound." Facilitate Communications Among Affected Parties - CORRECT 1. Effective communication minimizes the effect of personal biases, maximizes the likelihood of successful results, and facilitates communications among affected stakeholders. Cost, quality and timeliness of products and services - CORRECT 1. FAR 1.102-2(a) tells contracting professionals that a guiding principle is to satisfy customers in terms of cost, quality, and timeliness of the delivered product or service. Contracting Officer Representative (COR) - CORRECT 1. FAR 1.602-2(d)(7) states that contracting officers shall designate CORs in writing and furnish copies to the contractor and the contract administration office Standards of conduct - CORRECT 1. FAR 3.101-1 tells us Government business shall be conduct