NCMA CCMA Study Guide(Certified Contract Management Associate) Questions With Correct Answers.

NCMA CCMA Study Guide(Certified
Contract Management Associate) Questions
With Correct Answers.


The actions of a contract manager to develop solicitations, develop offers, form
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contracts, perform contracts, and close contracts. - (correct answer) -Contract
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Management
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The authorized representative or agent for a contracting party. - (correct answer) -
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Contract Manager ij




A mutually binding legal relationship obligating the seller to furnish supplies or
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services and the buyer to provide consideration in exchange for them. - (correct
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answer) -Contract
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The execution of the terms of a contract. - (correct answer) -Contract performance
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For contract management, these principles apply to all contract managers in all
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phases of the contract life cycle. - (correct answer) -Guiding Principles
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The phases of a contract: pre-award, award, and post-award. - (correct answer) -
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Contract Life Cycle Phases ij ij ij




The areas within a contract life cycle phase that produce significant contract
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management outcomes. - (correct answer) -Domains
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The processes utilized to produce the expected contract management outcomes of
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the domains. These processes involve the ability to perform multiple job tasks,
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both simultaneously and sequentially, while achieving meaningful results. -
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(correct answer) -Competencies
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The tasks performed on a routine basis by contract managers. Contract managers
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systematically process the job tasks to achieve the expected results of the
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competencies. - (correct answer) -Job Tasks
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The process of managing contracts throughout the contract life cycle while
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ensuring customer satisfaction. - (correct answer) -Contract Management
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, Negotiations, changes, requirement interpretations, deliverables, contract terms
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and conditions, and risk management are actions of who? - (correct answer) -
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Contract Manager ij




The contracted party with the requirement for goods and/or services to be fulfilled
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by one or more sellers. - (correct answer) -Buyer
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The contracted party tasked with fulfilling the buyer's requirement for goods and/or
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services. - (correct answer) -Seller
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The process by which efforts of all personnel responsible for acquiring goods or
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services are coordinated and integrated through a comprehensive plan for
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fulfilling the customer need in a timely manner at a reasonable cost. - (correct
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answer) -Plan Solicitation
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The process of implementing the solicitation plan by soliciting responses from
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sellers in order to fulfill a customer need. - (correct answer) -Request Offers
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The process of describing all the elements of the customer requirements
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(technical, business, regulatory, etc.) to the sellers. - (correct answer) -Develop
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Solicitation
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The organization's ability to execute the sales plan as it assembles an offer to win
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business. - (correct answer) -Prepare Offer
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The process of Determining reasonable cost and pricing, Conducting negotiations,
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Selecting the source, and Managing disagreements. - (correct answer) -Form
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Contract
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The process of examining and evaluating an offeror's proposed price without
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evaluation of the separate detailed cost elements and proposed profit of the
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offeror's price proposal. - (correct answer) -Price Analysis
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The process of preparing for interaction between the buyer and seller regarding all
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aspects of the offer and its terms, and often involves clarifying requirements and
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parties requesting changes or consideration of an alternate approach that may be
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consistent with the solicitation requirements. - (correct answer) -Plan Negotiations
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The process of analyzing submitted offers in accordance with the solicitation
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evaluation criteria to select the source that has the highest probability of
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satisfactory contract performance. - (correct answer) -Select Source
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The process of resolving conflict between potential and actual contracted parties in
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order to maintain legal conformity - (correct answer) -Manage Disagreements
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