100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
NCMA CCMA Study Guide (3rd Ed) 2024 Questions and Answers, A+ $13.99   Add to cart

Exam (elaborations)

NCMA CCMA Study Guide (3rd Ed) 2024 Questions and Answers, A+

 0 view  0 purchase
  • Course
  • NCMA CCMA
  • Institution
  • NCMA CCMA

Perform Contract The job tasks and competencies for this domain product contract performance. It involves the process of executing contract requirements, managing business relationships, ensuring quality, and managing changes. Contract A legally enforceable agreement for the sale, purchase, ...

[Show more]

Preview 4 out of 31  pages

  • November 4, 2024
  • 31
  • 2024/2025
  • Exam (elaborations)
  • Questions & answers
  • NCMA CCMA
  • NCMA CCMA
avatar-seller
TeeGrades
NCMA CCMA Study Guide (3rd Ed) 2024
Questions and Answers, A+
Perform Contract
The job tasks and competencies for this domain product contract performance. It
involves the process of executing contract requirements, managing business
relationships, ensuring quality, and managing changes.




Contract
A legally enforceable agreement for the sale, purchase, or lease of products, goods,
supplies, or services or the construction, alteration, or repair or real property.




Contract Management
The actions of a Contract Manager to develop solicitations, develop offers, form
contracts, perform contracts, and close contracts.




Contract Manager
The authorized representative or agent for a contracting party




Contract Performance
The execution of the terms of a contract

,Customer
The recipient or user of goods or services delivered under a contract.




Guiding Principles
These principles apply to all Contract Managers in all phases of the contract life
cycle.




Contract Life Cycle Phases
Contract have a distinct beginning and end, and have generally consist of of 3
phases : Pre-Award, Award, and Post-Award.




Domains
The areas within a contract life phase that produce significant contract
management outcomes.




Competencies
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.




Job Tasks

,The tasks performed on a routine basis by Contract Managers. Contract Managers
systematically process the job tasks to achieve the expected results and
competencies. Though the job tasks are presented as lists, Contract Managers are
expected to skillfully process them concurrently or sequentially, as appropriate,
throughout the contract life cycle.
1 multiple choice option




Guiding Principles
For Contract Management, these principles apply to all contract managers in all
phases of the contract life cycle.




AD
Pre-Award Domains
The domains are : Develop Solicitation and Develop Offer.




Award Domain
The domain is Form Contract




Post-Award Domains
The domains are : Perform Contract and Close Contract.

, Develop Solicitation Competencies
The competencies are : Plan Solicitation and Request Offer




Develop Offer Competencies
The competencies are : Plan Sales and Prepare Offer




Form Contract Competencies
The competencies are : (1) Analyze Price or Cost, (2) Plan Negotiations, (3) Select
Source, and (4) Manage Disagreements.




Perform Contract Competencies
The competencies are : (1) Administer Contract, (2) Ensure Quality, (3) Manage
Subcontracts, and (4) Manage Changes.




Close Out Contract Competency
The competency is Close Out Contract.




The 7 categories under Guiding Principles.
They are : (1) Skills and Roles, (2) Contract Principles, (3) Standards of Conduct,
(4) Regulatory Compliance, (5) Situational Assessment, (6) Team Dynamic, and
(7) Communication and Documentation.

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller TeeGrades. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $13.99. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

83637 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$13.99
  • (0)
  Add to cart