CONTRACT MANAGEMENT EXAM
QUESTIONS & ACCURATE
COMPLETE SOLUTIONS
The entire contracting process from planning through contract administration. - Correct
Answer ✔✔ Contract Management
Responsible for all functions of contract management. - Correct Answer ✔✔ Contract
Manager
Post award functions only - Correct Answer ✔✔ Contract Administrator
Plan, Procurement, Contract Formation/Rate/Price Establishment, and Contract
Oversight - Correct Answer ✔✔ Contract Management Framework
Outline, operate, and Oversee - Correct Answer ✔✔ 3 O's Approach to Contract
Management
Participate in developing solicitation, Point of contact for the contractor, monitor
progress and performance, inspect and approve final product, and conduct closeout -
Correct Answer ✔✔ Contract Manager Role
Agreement not to divulge information related to the solicitation. Required of all
evaluators prior to reviewing vendor proposals - Correct Answer ✔✔ Non-Disclosure
Statement
1 Contract manager oversees each step of the contract process;
2 purchasers should be familiar with contract management practices;
3 program staff provide technical information and serve as subject matter experts -
Correct Answer ✔✔ Identify Resources
Identify risk, Quantify Risk, Minimize Risk - Correct Answer ✔✔ Risk Management
Steps
AATM; Avoid, Accept, Transfer, Mitigate - Correct Answer ✔✔ Risk Management
Reviews contracts over $10 million;
Provide recommendations to state agencies; Coordinates with the Quality Assurance
Team; Perform risk assessments to determine appropriate level of management and
oversight - Correct Answer ✔✔ Contract Advisory Team (CAT)
QUESTIONS & ACCURATE
COMPLETE SOLUTIONS
The entire contracting process from planning through contract administration. - Correct
Answer ✔✔ Contract Management
Responsible for all functions of contract management. - Correct Answer ✔✔ Contract
Manager
Post award functions only - Correct Answer ✔✔ Contract Administrator
Plan, Procurement, Contract Formation/Rate/Price Establishment, and Contract
Oversight - Correct Answer ✔✔ Contract Management Framework
Outline, operate, and Oversee - Correct Answer ✔✔ 3 O's Approach to Contract
Management
Participate in developing solicitation, Point of contact for the contractor, monitor
progress and performance, inspect and approve final product, and conduct closeout -
Correct Answer ✔✔ Contract Manager Role
Agreement not to divulge information related to the solicitation. Required of all
evaluators prior to reviewing vendor proposals - Correct Answer ✔✔ Non-Disclosure
Statement
1 Contract manager oversees each step of the contract process;
2 purchasers should be familiar with contract management practices;
3 program staff provide technical information and serve as subject matter experts -
Correct Answer ✔✔ Identify Resources
Identify risk, Quantify Risk, Minimize Risk - Correct Answer ✔✔ Risk Management
Steps
AATM; Avoid, Accept, Transfer, Mitigate - Correct Answer ✔✔ Risk Management
Reviews contracts over $10 million;
Provide recommendations to state agencies; Coordinates with the Quality Assurance
Team; Perform risk assessments to determine appropriate level of management and
oversight - Correct Answer ✔✔ Contract Advisory Team (CAT)
