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NCMA CCMA STUDY GUIDE EXAM COMPLETE WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) / ALREADY GRADED A+

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The actions of a contract manager to develop solicitations, develop offers, form contracts, perform contracts, and close contracts. - ANS Contract Management The authorized representative or agent for a contracting party. - ANS 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. - ANS Contract The execution of the terms of a contract. - ANS Contract performance For contract management, these principles apply to all contract managers in all phases of the contract life cycle. - ANS Guiding Principles The phases of a contract: pre-award, award, and post-award. - ANS Contract Life Cycle Phases The areas within a contract life cycle phase that produce significant contract management outcomes. - ANS 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. - ANS 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. - ANS Job Tasks The process of managing contracts throughout the contract life cycle while ensuring customer satisfaction. - ANS Contract Management Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions, and risk management are actions of who? - ANS Contract Manager The contracted party with the requirement for goods and/or services to be fulfilled by one or more sellers. - ANS Buyer The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. - ANS 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. - ANS Plan Solicitation

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Uploaded on
October 25, 2024
Number of pages
10
Written in
2024/2025
Type
Exam (elaborations)
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NCMA CCMA STUDY




K
GUIDE EXAM



C
COMPLETE WITH
LO
DETAILED VERIFIED
YC
ANSWERS (100%
CORRECT ANSWERS) /
D


ALREADY GRADED A+
U
ST

, The actions of a contract manager to develop solicitations, develop offers, form contracts,
perform contracts, and close contracts. - ANS Contract Management

The authorized representative or agent for a contracting party. - ANS 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. - ANS Contract

The execution of the terms of a contract. - ANS Contract performance




K
For contract management, these principles apply to all contract managers in all phases of the
contract life cycle. - ANS Guiding Principles




C
The phases of a contract: pre-award, award, and post-award. - ANS Contract Life Cycle
Phases




LO
The areas within a contract life cycle phase that produce significant contract management
outcomes. - ANS 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
YC
and sequentially, while achieving meaningful results. - ANS 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. -
ANS Job Tasks
D

The process of managing contracts throughout the contract life cycle while ensuring customer
satisfaction. - ANS Contract Management
U


Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions,
and risk management are actions of who? - ANS Contract Manager
ST




The contracted party with the requirement for goods and/or services to be fulfilled by one or
more sellers. - ANS Buyer

The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. -
ANS 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. - ANS Plan Solicitation

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