CTCM CONTRACT MANAGEMENT EXAM AND
ANSWERS.
Steps in Contract Management Framework correct answers Plan; Procurement; Contract
Formation/Rate/Price Establishment; Contract Oversight
Contract Administrator(CA) vs. Contract Manager(CM) correct answers Not the same but very
similiar
CA - responsible for post award
CM - is responsible for all functions of contract mgmt.
What are "resources" a contract mgmt plan should have? correct answers Executives, CM, CA
Procurement Process correct answers Need defined: End User: CM and Purchaser
Procurement Method Selected: Purchaser
Solicitation: Purchaser/CM
Receipt of Proposals /Bids: Purchaser/CM/Eval Team
Evaluation & Award: Purchaser/General Counsel
Inspection and Acceptance: End User: CM
Contract Admin End User: CM/CA
Payment: AP/CM/CA
Contract Closeout: End User: CM/CA
State of Texas Procurement Cycle correct answers 1. Need defined
2.Procurement Method Selected
3. Solicitation
4. Receipt of Proposals/Bids
5. Evaluation and Award
6. Inspection and Acceptance
7. Contract Admin (Change Mgmt)
8. Payment
9. Contract Closeout
3 "O"'s Approach to Contract Mgmt correct answers Outline, Operate, Oversee
Operate correct answers Procurement/Contract Formation:Rate/Price Established:
Purchaser/CM/ Legal
Oversee correct answers Contract Oversight: End User: CA/CM
Outline correct answers Plan: Purchaser/SME/End User/ Internal,external stakeholders
Ethical Standards of Conduct - EEs should not do correct answers 1. Accept or solicit any gift,
favor or service that might influence
2. Accept employment or engage in a business or pro activity where ee might disclose
confidential info
ANSWERS.
Steps in Contract Management Framework correct answers Plan; Procurement; Contract
Formation/Rate/Price Establishment; Contract Oversight
Contract Administrator(CA) vs. Contract Manager(CM) correct answers Not the same but very
similiar
CA - responsible for post award
CM - is responsible for all functions of contract mgmt.
What are "resources" a contract mgmt plan should have? correct answers Executives, CM, CA
Procurement Process correct answers Need defined: End User: CM and Purchaser
Procurement Method Selected: Purchaser
Solicitation: Purchaser/CM
Receipt of Proposals /Bids: Purchaser/CM/Eval Team
Evaluation & Award: Purchaser/General Counsel
Inspection and Acceptance: End User: CM
Contract Admin End User: CM/CA
Payment: AP/CM/CA
Contract Closeout: End User: CM/CA
State of Texas Procurement Cycle correct answers 1. Need defined
2.Procurement Method Selected
3. Solicitation
4. Receipt of Proposals/Bids
5. Evaluation and Award
6. Inspection and Acceptance
7. Contract Admin (Change Mgmt)
8. Payment
9. Contract Closeout
3 "O"'s Approach to Contract Mgmt correct answers Outline, Operate, Oversee
Operate correct answers Procurement/Contract Formation:Rate/Price Established:
Purchaser/CM/ Legal
Oversee correct answers Contract Oversight: End User: CA/CM
Outline correct answers Plan: Purchaser/SME/End User/ Internal,external stakeholders
Ethical Standards of Conduct - EEs should not do correct answers 1. Accept or solicit any gift,
favor or service that might influence
2. Accept employment or engage in a business or pro activity where ee might disclose
confidential info
