NCMA CCMA Cert - Introduction –
QUESTIONS AND ANSWERS
Contract management standard purpose - -Describe contact management in
terms of the process and stakeholder relationships created through
integration and interaction of job tasks and comptencies, and their served
purpose
-What does ANSI stand for? - -American National Standards Institute
-What ensures successful contract management? - -When both parties have
a clear understanding of all job tasks, competencies, and deliverables
-Define CMBOK - -Contract Management Body of Knowledge
-Define a contract - -Legally enforceable agreement for the sale, purchase,
or lease of goods, services, supplies, or services.
-What can an order do in terms of being a contract? - -They can be awarded
as standalone contracts or as an order made against a previously awarded
contract
-Define contract management - -The actions of a contract manager to
develop solicitations, develop offers, form contracts, perform contracts, and
close contracts
-Define contract manager - -The authorized representative or agent for a
contracting party
-Define contract performance - -The execution of the terms of the contract
-Define customer - -The recipient or user of the goods or services delivered
under a contract
-List the 5 components of the Contract Management Standard - -1. Guiding
principles
2. Contract Lifecycle Phases
3. Domains
4. Competencies
5. Job tasks
-Define guiding principles - -The principles that apply to all contract
managers in all phases of the contract life cycle
QUESTIONS AND ANSWERS
Contract management standard purpose - -Describe contact management in
terms of the process and stakeholder relationships created through
integration and interaction of job tasks and comptencies, and their served
purpose
-What does ANSI stand for? - -American National Standards Institute
-What ensures successful contract management? - -When both parties have
a clear understanding of all job tasks, competencies, and deliverables
-Define CMBOK - -Contract Management Body of Knowledge
-Define a contract - -Legally enforceable agreement for the sale, purchase,
or lease of goods, services, supplies, or services.
-What can an order do in terms of being a contract? - -They can be awarded
as standalone contracts or as an order made against a previously awarded
contract
-Define contract management - -The actions of a contract manager to
develop solicitations, develop offers, form contracts, perform contracts, and
close contracts
-Define contract manager - -The authorized representative or agent for a
contracting party
-Define contract performance - -The execution of the terms of the contract
-Define customer - -The recipient or user of the goods or services delivered
under a contract
-List the 5 components of the Contract Management Standard - -1. Guiding
principles
2. Contract Lifecycle Phases
3. Domains
4. Competencies
5. Job tasks
-Define guiding principles - -The principles that apply to all contract
managers in all phases of the contract life cycle
