Manager EXAM Review
QUESTIONS WITH CORRECT
SOLUTIONS||UPDATED 2026/2027
SYLLABUS||100% GUARANTEED
PASS||ALREADY GRADED
A+||<<LATEST VERSION>>
Contract management framework - ANSWER ✓ - Plan
- Procurement
- Rate and Price Establishment
- contract Oversight
Three O's Approach to Contract Management - ANSWER ✓ Outline
- identify need
- develop CM team
- conduct risk assessment
- determine procurement method
Operate
- prepare solicitation
- copies to CAT/CPA
- solicit proposals
- evaluate responses
- award
Oversee
- execute contract
- monitor performance
- manage change
- approve payment
- contract closeout
, Role of the contract manager - ANSWER ✓ Oversees and manages the entire
process
How does the contract manager oversee and manage the entire process? -
ANSWER ✓ - project planning and budget
- specification development
- review and evaluation of solicitation responses
- assuring contract rages/pricing are within budget
- contract award
Role of the contract administrator - ANSWER ✓ Oversees the contract
administration functions (post award)
How does the contract administrator oversee contract administration functions
after award? - ANSWER ✓ - relationship management
- implementing and monitoring vendor performance and assuring contractor
compliance
- approving payments
- managing contract changes
Non-disclosure statement - ANSWER ✓ Employees complete when participating
in development or award of an RFP
Conflict of interest statement - ANSWER ✓ - Employees involved in specification
development or award determination
- include in annual Procurement Plan
Risk assessment includes - ANSWER ✓ - identifying risk
- quantifying and analyzing the risk
- limit, lessen or abolish the risk
D I R is required when? - ANSWER ✓ For major information projects
Types of solicitations - ANSWER ✓ - Performance
- design
- combination
Contract terms and conditions - ANSWER ✓ Essential and recommended clauses