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NCMA CCMA STUDY QUESTIONS WITH GUARANTEED ACCURATE ANSWERS

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  • Course
  • NCMA CCMA
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  • NCMA CCMA

The actions of a contract manager to develop solicitations, develop offers, form contracts, perform contracts, and close contracts. - ACCURATE ANSWERS Contract Management The authorized representative or agent for a contracting party. - ACCURATE ANSWERS Contract Manager A mutually binding leg...

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  • October 31, 2024
  • 19
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NCMA CCMA
  • NCMA CCMA
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GRADEUNITS
NCMA CCMA STUDY QUESTIONS
2024\2025
NCMA CCMA STUDY QUESTIONS 2024\2025 WITH GUARANTEED ACCURATE
ANSWERS




The actions of a contract manager to develop solicitations, develop
offers, form contracts, perform contracts, and close contracts. -
ACCURATE ANSWERS✔✔ Contract Management


The authorized representative or agent for a contracting party. -
ACCURATE ANSWERS✔✔ Contract Manager


A mutually binding legal relationship obligating the seller to furnish
supplies or services and the buyer to provide consideration in exchange
for them. - ACCURATE ANSWERS✔✔ Contract

,The execution of the terms of a contract. - ACCURATE ANSWERS✔✔
Contract performance


For contract management, these principles apply to all contract
managers in all phases of the contract life cycle. - ACCURATE
ANSWERS✔✔ Guiding Principles


The phases of a contract: pre-award, award, and post-award. -
ACCURATE ANSWERS✔✔ Contract Life Cycle Phases


The areas within a contract life cycle phase that produce significant
contract management outcomes. - ACCURATE ANSWERS✔✔
Domains


The processes utilized to produce the expected contract management
outcomes of the domains. These processes involve the ability to perform
multiple job tasks, both simultaneously and sequentially, while
achieving meaningful results. - ACCURATE ANSWERS✔✔
Competencies


The tasks performed on a routine basis by contract managers. Contract
managers systematically process the job tasks to achieve the expected
results of the competencies. - ACCURATE ANSWERS✔✔ Job Tasks


The process of managing contracts throughout the contract life cycle
while ensuring customer satisfaction. - ACCURATE ANSWERS✔✔
Contract Management

, Negotiations, changes, requirement interpretations, deliverables, contract
terms and conditions, and risk management are actions of who? -
ACCURATE ANSWERS✔✔ Contract Manager


The contracted party with the requirement for goods and/or services to
be fulfilled by one or more sellers. - ACCURATE ANSWERS✔✔ Buyer


The contracted party tasked with fulfilling the buyer's requirement for
goods and/or services. - ACCURATE ANSWERS✔✔ Seller


The process by which efforts of all personnel responsible for acquiring
goods or services are coordinated and integrated through a
comprehensive plan for fulfilling the customer need in a timely manner
at a reasonable cost. - ACCURATE ANSWERS✔✔ Plan Solicitation


The process of implementing the solicitation plan by soliciting responses
from sellers in order to fulfill a customer need. - ACCURATE
ANSWERS✔✔ Request Offers


The process of describing all the elements of the customer requirements
(technical, business, regulatory, etc.) to the sellers. - ACCURATE
ANSWERS✔✔ Develop Solicitation


The organization's ability to execute the sales plan as it assembles an
offer to win business. - ACCURATE ANSWERS✔✔ Prepare Offer

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