NCMA CCMA STUDY GUIDE EXAM COMPLETE WITH DETAILED VERIFIED ANSWERS (100% CORRECT ANSWERS) / ALREADY GRADED A+
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Course
NCMA
Institution
NCMA
The actions of a contract manager to develop solicitations, develop offers, form contracts, perform contracts, and close contracts. - ANS Contract Management
The authorized representative or agent for a contracting party. - ANS Contract Manager
A mutually binding legal relationship obliga...
C
COMPLETE WITH
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DETAILED VERIFIED
YC
ANSWERS (100%
CORRECT ANSWERS) /
D
ALREADY GRADED A+
U
ST
, The actions of a contract manager to develop solicitations, develop offers, form contracts,
perform contracts, and close contracts. - ANS Contract Management
The authorized representative or agent for a contracting party. - ANS Contract Manager
A mutually binding legal relationship obligating the seller to furnish supplies or services and the
buyer to provide consideration in exchange for them. - ANS Contract
The execution of the terms of a contract. - ANS Contract performance
K
For contract management, these principles apply to all contract managers in all phases of the
contract life cycle. - ANS Guiding Principles
C
The phases of a contract: pre-award, award, and post-award. - ANS Contract Life Cycle
Phases
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The areas within a contract life cycle phase that produce significant contract management
outcomes. - ANS Domains
The processes utilized to produce the expected contract management outcomes of the
domains. These processes involve the ability to perform multiple job tasks, both simultaneously
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and sequentially, while achieving meaningful results. - ANS Competencies
The tasks performed on a routine basis by contract managers. Contract managers
systematically process the job tasks to achieve the expected results of the competencies. -
ANS Job Tasks
D
The process of managing contracts throughout the contract life cycle while ensuring customer
satisfaction. - ANS Contract Management
U
Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions,
and risk management are actions of who? - ANS Contract Manager
ST
The contracted party with the requirement for goods and/or services to be fulfilled by one or
more sellers. - ANS Buyer
The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. -
ANS Seller
The process by which efforts of all personnel responsible for acquiring goods or services are
coordinated and integrated through a comprehensive plan for fulfilling the customer need in a
timely manner at a reasonable cost. - ANS Plan Solicitation
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