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NCMA CCMA Study Guide Certified Contract Management Associate Questions and 100% CORRECT ANSWERS LATEST 2024 VERSION $10.99
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NCMA CCMA Study Guide Certified Contract Management Associate Questions and 100% CORRECT ANSWERS LATEST 2024 VERSION
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NCMA CCMA Study Guide Certified Contract Management Associate Questions and 100% CORRECT ANSWERS LATEST 2024 VERSION The actions of a contract manager to develop solicitations, develop offers, form contracts, perform contracts, and close contracts. - ANSWER Contract Management The autho...

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  • October 30, 2024
  • 11
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers

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  • ncma ccma study guide certified contract managemen

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NCMA CCMA Study Guide
Certified Contract Management
Associate Questions and 100%




A
CORRECT ANSWERS LATEST




VI
2024 VERSION


TU
IS
The actions of a contract manager to develop solicitations, develop offers, form
contracts, perform contracts, and close contracts. - ANSWER Contract Management
M
The authorized representative or agent for a contracting party. - ANSWER Contract
Manager
O


A mutually binding legal relationship obligating the seller to furnish supplies or services
and the buyer to provide consideration in exchange for them. - ANSWER Contract
A



The execution of the terms of a contract. - ANSWER Contract performance
N




For contract management, these principles apply to all contract managers in all phases
of the contract life cycle. - ANSWER Guiding Principles
JP




The phases of a contract: pre-award, award, and post-award. - ANSWER Contract
Life Cycle Phases

The areas within a contract life cycle phase that produce significant contract
management outcomes. - ANSWER 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 and sequentially, while achieving meaningful results. - ANSWER
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. - ANSWER Job Tasks

The process of managing contracts throughout the contract life cycle while ensuring
customer satisfaction. - ANSWER Contract Management




A
Negotiations, changes, requirement interpretations, deliverables, contract terms and




VI
conditions, and risk management are actions of who? - ANSWER Contract Manager

The contracted party with the requirement for goods and/or services to be fulfilled by




TU
one or more sellers. - ANSWER Buyer

The contracted party tasked with fulfilling the buyer's requirement for goods and/or
services. - ANSWER Seller
IS
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. - ANSWER Plan Solicitation
M

The process of implementing the solicitation plan by soliciting responses from sellers in
O

order to fulfill a customer need. - ANSWER Request Offers

The process of describing all the elements of the customer requirements (technical,
A



business, regulatory, etc.) to the sellers. - ANSWER Develop Solicitation
N




The organization's ability to execute the sales plan as it assembles an offer to win
business. - ANSWER Prepare Offer
JP




The process of Determining reasonable cost and pricing, Conducting negotiations,
Selecting the source, and Managing disagreements. - ANSWER Form Contract

The process of examining and evaluating an offeror's proposed price without evaluation
of the separate detailed cost elements and proposed profit of the offeror's price
proposal. - ANSWER Price Analysis

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