NCMA CPCM Quiz - Contract Management Body of Knowledge (CMBOK) Question with 100% Complete Solution, A+
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Course
NCMA CPCM
Institution
NCMA CPCM
Recommended basic types of feedback - cORRECT sOLUTION Corrective, confirmatory, motivating
A decisive leader is - cORRECT sOLUTION Confident and effective
Which of the following is a leadership process competency? (-a. Character, -b. Credibility, -c. Confidence, -d. Cooperation) - cORRECT sO...
NCMA CPCM Quiz - Contract
Management Body of Knowledge
(CMBOK) Question with 100% Complete
Solution, A+
Recommended basic types of feedback - cORRECT sOLUTION Corrective,
confirmatory, motivating
A decisive leader is - cORRECT sOLUTION Confident and effective
Which of the following is a leadership process competency? (-a. Character, -b.
Credibility, -c. Confidence, -d. Cooperation) - cORRECT sOLUTION Character
Which of the following is not a step in the 6-step Decision-Making process to
decisive decision making? (-a. Provide feedback, -b. Implement the decision, -c.
Collect internal and external opinions , -d. Pre-plan strategies to make the decision)
- cORRECT sOLUTION Collect internal and external opinions
What can reduce or even eliminate the creative process? - cORRECT sOLUTION
Forced consensus
In which decision-making step should one create objectives and goals? -
cORRECT sOLUTION Pre-plan strategies
An integrative thinker is: - cORRECT sOLUTION able to create innovative
solutions to problems
,Step 4 of the 6-step Decision-Making Process advises leaders to create a written
plan that: - cORRECT sOLUTION Details the problem, determines the root cause,
and lists criteria to help choose a solution
What reflects a leadership activity for a contract manager? (-a. Resolving a dispute
with a supplier., -b. Quoting the Federal Acquisition Regulation., -c. Promptly
responding to seller inquiries., -d. Developing questions in response to a
solicitation.) - cORRECT sOLUTION Resolving a dispute with a supplier.
Which of the following describes a leader who is developing new leaders? -a.
Develops the bottom 20% of the workforce, -b. Treats everyone the same, -c.
Grows the organization by addition, -d. Focuses on individual strengths) -
cORRECT sOLUTION Focuses on individual strengths
What best reflects the relationship between the leader and vision? - cORRECT
sOLUTION Leader + vision = result
Employee __________ is a major component of organizational success. -
cORRECT sOLUTION Motivation
_________ and _________ competencies support the technical application of
contract management.. - cORRECT sOLUTION Leadership and Management
Assuring your organization adheres to high ethical standards is an example of
what? - cORRECT sOLUTION A leader's focus on character
Which of the following can impede leaders from developing a vision? (Failing to
consult others, Focusing on the day-to-day, Being inflexible, Living in the past) -
cORRECT sOLUTION Living in the past
,When a leader in your organization insists that you accomplish something that you
believe is unethical, it likely reflects what? - cORRECT sOLUTION Abuse of
power
Why would contract managers need vision? - cORRECT sOLUTION To drive
behaviors that achieve the mission
Optimism is an important leadership tool, but it can be undermined by: -
cORRECT sOLUTION Inflexibility
You've read FAR 33.103 (Agency Protests) over and over and are still unable to
determine if you can go ahead and award the contract. This could be an example of
_______________, and your next step could be _______________. - cORRECT
sOLUTION Insufficient information; consult with stakeholders
Character is composed of which three elements? - cORRECT sOLUTION
Integrity, optimism, decisiveness
When pre-planning strategies for making a decision, the leader should: -
cORRECT sOLUTION Dispel assumptions that can negatively affect his/her
leadership role
Which of the following is a principle required for an organizational culture of high
ethical standards? (-a. Documenting all decisions, -b. Providing rationale for all
decisions, -c. Including others in decisions, -d. Leading by example) - cORRECT
sOLUTION Leading by example
When your supervisor fails to delegate tasks to you, preferring to do it themselves,
what is this called? - cORRECT sOLUTION Resisting force to achieving
competence
, Successful contract management depends on the leader's ability to integrate: -
cORRECT sOLUTION The leadership process competencies
If you are an experienced contract management leader and you need to make a fast,
high risk decision in an uncertain situation, what is the best approach? - cORRECT
sOLUTION Intuition
Risk management is: - cORRECT sOLUTION The ability to efficiently and cost-
effectively mitigate problems
When tracking costs following the award of a contract, what is latency? -
cORRECT sOLUTION The delay between when a cost is incurred and when it
appears in the accounting system.
This costing method uses a two-step process: 1 - assign the resource costs of each
activity, and 2 - assign activity costs to the output: - cORRECT sOLUTION
Activity-Based Costing System.
The process for creating the Resource-Loaded Schedule begins with: - cORRECT
sOLUTION ...extracting a Work Breakdown Structure from the Statement of
Work.
When suppliers are being certified or pre-qualified they have been: - cORRECT
sOLUTION Screened
Regardless of an organization's contracting activity size and purpose, the following
four key functions of management are essential: - cORRECT sOLUTION
Planning, Organizing, Directing, Controlling
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