CTCM - Certified Texas Contract
Management Exam Study Guide.
Contract Management - answer✔✔The entire process from planning through contract
administration
Contract Manager - answer✔✔oversees & manages the entire process -
• Project planning & budget
• Specific development
• Review & evaluation of solicitation responses
• Assuring contract rates/pricing are within budget
• Contract award
Contract Administrator - answer✔✔responsible for the post award functions
• Relationship management
• Implementing & monitoring vendor performance 7 contract compliance
• Approving payments
• Managing contract changes
The 3 O's Approach - answer✔✔outline, operate and oversee
outline includes - answer✔✔• Develop team
• Conduct risk assessment
• Identify the need
Determine procurement method
to operate includes - answer✔✔• Prepare solicitation
• Copies to CAT/CPA
• Solicit proposals
• Evaluate responses
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