Ctcm stuvia Study guides, Class notes & Summaries

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 development services, and delegation of purchasing authority. Statewide Procurement Policy and Outreach - ANSWER-used by state agencies Contract Advisory Team-Review and Delegation (CAT-RAD) Program - ANSWER-conducts solicitation r...

CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)CTCM Exam 2 Questions and Answers (Graded A)Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of service...

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, schedule and performance requirements is a: - ANSWER-Project Manager One of the four major reasons that projects fail is: - ANSWER-Communications Breakdow...

Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - 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? - ANSWER-Executives, CM, CA Procurement Process - ANSWER-Need defined: End User: CM and Purchaser Procurement Method Sel...

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 Who has input to project initiation? - ANSWER-Stakeholders Project requirements must be all of the following: - ANSWER---Clear --Measurable --Prioritiz...

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...

Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of statement of work, the issuance of purchase orders against existing statewide, cooperative or agency, contracts, and the verification of the inspection of merchandise on receipt of services by the agency. Contract Development - ANSWER-The term applies to actions taken prior to contract execution, including the receipt and processing of requisitions, assessment of need, development and...

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...

Vendor Performance Tracking System (VPTS) - ANSWER-Online directory that a contractor's performance must be reported to this system once a contract with a value over $25,000.00 is completed or otherwise terminated. Types of Contract Amendments - ANSWER-1) Bilateral Amendments (Substantive Changes & Constructive Changes) 2) Unilateral Amendments (Administrative Changes) *And Contract Amendment Analysis G-103, G92-93 Contract Renewal vs Contract Extension - ANSWER-Renewal: where contract...

Purchasing - ANSWER-The receipt and processing of requisitions, development of specifications, development of SOW, issuance of purchase orders against existing statewide, cooperative, or agency contracts, and the verification of the inspection of merchandise or receipt of services by the agency. The term does not include the development of solicitations and contract awards that must be posted on ESBD or in the Texas Register. Contract Development - ANSWER-Actions taken prior to contract execu...