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CTCM Certified Texas Contract Management Questions And Answers $9.99   Add to cart

Exam (elaborations)

CTCM Certified Texas Contract Management Questions And Answers

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Risk for design (who assumes) ~ risk for combination (mixed) ~ Factors affecting value ~ life cycle cost, installation cost, etc. Terms and conditions ~ CAT ~ Contract Advisory Team Contract Advisory Team ~ es contracts valued $10 M+ 2. consist of members from CPA, DIR, H...

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  • August 8, 2024
  • 7
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • CTCM
  • CTCM
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CTCM Certified Texas
Contract Management
Questions And Answers

Contract Management


✓~ The entire process from planning through contract administration




Contract Manager


✓~ oversees & manages the entire process -


• Project planning & budget


• Specific development


• Review & evaluation of solicitation responses


• Assuring contract rates/pricing are within budget


• Contract award




Contract Administrator

, ✓~ responsible for the post award functions

• Relationship management


• Implementing & monitoring vendor performance 7 contract compliance


• Approving payments


• Managing contract changes




The 3 O's Approach


✓~ outline, operate and oversee




outline includes


✓~ • Develop team

• Conduct risk assessment


• Identify the need


Determine procurement method




to operate includes

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