CTCM BUNDLED exam 2023/2024 with 100% correct answers

Contract Management - correct answer The entire process from planning through contract administration Contract Manager - correct answer oversees & manages the entire process - • Project planning & budget • Specific development • Review & evaluation of solicitation responses •...

CTCM Training exam 2023/2024 with 100% correct answers

The "triple constraint" of project management includes the controlling and management of: - correct answer Schedule, cost, and scope The following are all project management process groups: - correct answer --Initiating --Executing --Monitoring Which of the following is critical for ...

Project Management is defined as: - correct 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, ser...

Procurement Method Determination - correct answer Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. Procurement Planning - correct answer Step 1 of defining the business need and establish the procurement objectives. Contract Management - cor...

Procurement Roles - correct answer Purchasing, contract development and contract management Purchasing - correct answer Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NO...

Contracts $100,000 or more - correct answer Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - correct answer the central authority for state agencies for procurement guidance, education, statewide contract development servi...

Steps in Contract Management Framework - correct answer Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - correct answer Not the same but very similiar CA - responsible for post award CM - is responsible ...