Ctcm stuvia Study guides, Class notes & Summaries

SPD - ANSWER-Department of the Texas Comptroller of Public Accounts (CPA); is the central authority for state agencies except by statutory exemption. In other words, it has delegation of purchasing authority. Also provides procurement guidance, education, and contract development services. Responsible for developing and administering the CTCD and CTCM certification programs. Statewide Procurement Policy and Outreach (SPPO) - ANSWER-Section of SPD that conducts policy research, provides traini...

Procurement Roles - ANSWER-Purchasing, contract development and contract management Purchasing - ANSWER-Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. Does NOT include development of solicitations or awards that must be posted to ESBD Contract Development - ANSWER-Processing of requisitions, need assessments, development of specs, development of SOWs, selection of procurem...

Contract Management Certification - ANSWER-Certified Texas Contract Management Three (3) required classes 1. Contract Management 2. Project Management 3. Negotiations Pass certification test with score of 70% or better Apply for Certification Definition of a Contract - ANSWER-Legal, written document to exchange goods or services for consideration (compensation) What is Contract Management - ANSWER-The entire contracting process from planning through contract administration Con...

CTCM Certification (Certified Texas Contract Manager Certification Review) with Complete SolutionsCTCM Certification (Certified Texas Contract Manager Certification Review) with Complete SolutionsCTCM Certification (Certified Texas Contract Manager Certification Review) with Complete SolutionsCTCM Certification (Certified Texas Contract Manager Certification Review) with Complete Solutions Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development...

CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)CTCM Exam 2024 Questions and Answers (Graded A)Contracts $100,000 or more - ANSWER-Must go to POD - Procurement Oversight & Delegation; HUB subcontracting probable Statewide Procurement Division (SPD) - ANSWER-the central authority for state agencies for procurement guidance, education, statewide contract de...

Contract Management - ANSWER-The entire process from planning through contract administration Contract Manager - ANSWER-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 - ANSWER-responsible for the post award functions • Relationship management • Implementing & monitoring vendor per...

CTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% Accurate Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract ...

The "triple constraint" of project management includes the controlling and management of: - ANSWER-Schedule, cost, and scope The following are all project management process groups: - ANSWER---Initiating --Executing --Monitoring Which of the following is critical for ensuring project success? - ANSWER-Organizational commitment

Contract Value - ANSWER-The initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. Statewide Procurement Division (SPD) - ANSWER-The entity that delegates purchasing authority to state agencies for non-IT goods and services, Purchasing authority - ANSWER-The ability of an agency to purchase goods and services using state funds. Delegation of purchasing authority - ANSWER-Assigning purchasing authority to an agency Texas Departm...

CTCM Test A Questions and Answers 100% Correct CTCM Test A Questions and Answers 100% Correct CTCM Test A Questions and Answers 100% Correct Project Management is defined as: - ANSWER-The discipline of defining and achieving specific goals and objectives for temporary and unique efforts through effective management. An individual responsible for managing the successful planning, implementation, and execution of a system, service or product to meet a need while balancing cost, s...