CTCM EXAM CONTRACT MANAGEMENT WITH CORRECT ANSWERS
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Course
CTCM
Institution
CTCM
CTCM EXAM CONTRACT
MANAGEMENT WITH CORRECT
ANSWERS
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 similia...
Contract Administrator(CA) vs. Contract Manager(CM) -
CORRECT ANSWER-Not the same but very similiar
CA - responsible for post award
CM - is responsible for all functions of contract mgmt.
What are "resources" a contract mgmt plan should have? -
CORRECT ANSWER-Executives, CM, CA
Procurement Process - CORRECT ANSWER-Need defined:
End User: CM and Purchaser
Procurement Method Selected: Purchaser
Solicitation: Purchaser/CM
Receipt of Proposals /Bids: Purchaser/CM/Eval Team
Evaluation & Award: Purchaser/General Counsel
Inspection and Acceptance: End User: CM
, Contract Admin End User: CM/CA
Payment: AP/CM/CA
Contract Closeout: End User: CM/CA
State of Texas Procurement Cycle - CORRECT ANSWER-1.
Need defined
2.Procurement Method Selected
3. Solicitation
4. Receipt of Proposals/Bids
5. Evaluation and Award
6. Inspection and Acceptance
7. Contract Admin (Change Mgmt)
8. Payment
9. Contract Closeout
Ethical Standards of Conduct - EEs should not do - CORRECT
ANSWER-1. Accept or solicit any gift, favor or service that
might influence
2. Accept employment or engage in a business or pro activity
where ee might disclose confidential info
3. Accept other employment or compensation that could impair
the ees judgment
Revolving Door #1 - CORRECT ANSWER-applies to all former
state officers and ees of state agencies, may not accept
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