Ctcm Study guides, Revision notes & Summaries

CTCM Exam Prep (May 2024) Questions and Answers (Graded A)CTCM Exam Prep (May 2024) Questions and Answers (Graded A)CTCM Exam Prep (May 2024) Questions and Answers (Graded A)CTCM Exam Prep (May 2024) Questions and Answers (Graded A) Contract Value - ANSWER-the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. A contract with an initial value of $2 million, with three (3) optional, annual renewals of the same amount. What is the co...

CTCM Exam Questions with correct Answers

CTCM EXAM PREP LATEST VERSION WITH GOLDEN TIPS SOLUTIONS (2024/2025) RATED A+

CTCM Test A 2024/25 Project Management is defined as: - ANSWER The discipline of defining and achieving specific goals and objectives for temporary and unique efforts through effective management. An individual responsible for managing the successful planning, implementation, and execution of a system, service or product to meet a need while balancing cost, schedule and performance requirements is a: - ANSWER ...

CTCM Latest Update with Verified Solutions For contracts valued at $100,000 or more, what process must they undergo? Such contracts must be submitted to POD (Procurement Oversight & Delegation) and may require HUB subcontracting considerations. What role does the Statewide Procurement Division (SPD) play? The SPD serves as the central authority for state agencies, offering guidance on procurement, educational resources, developing statewide contracts, and delegating purchasing autho...

CTCM EXAM 2024 QUESTIONS AND GOLDEN TIPS ANSWERS 100% VERIFIED ANSWERS GRADED A

CTCM Exam; Questions and Answers 100% Correct Vendor Communication consists of all of the following except. A. Avoids situations that could appear to show favoritism to a specific vendor B. is constant throughout the life of a contract C. Allows communication by the end user during solicitation as long as they communicate to all vendors D. Is allowable and unallowable depending on the circumstance. Correct answer-C. Allows communication by the end user during solicitation as long as the...

CTCM Exam; Questions and Answers 100% Correct What determines the "Best Value for the State"? Correct answer-The purchase price & whether the goods/services meet specifications. What is the Statewide Procurement Division? Correct answer-SPD; The central authority for state agency 1. Procurement Guidance 2. Education 3. Statewide Contract Development Services 4. Delegation of Purchasing Authority

SPD - ANSWER-Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies except by statutory exemption. In other words, it has delegation of purchasing authority. Also provides procurement guidance, education, and contract development services. Responsible for developing and administering the CTCD and CTCM certification programs. Statewide Procurement Policy and Outreach (SPPO) - ANSWER-Section of SPD that conducts policy research, provides traini...