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CPCM Pre-Award Exam Questions & Answers 2024/2025 Acquisition planning - ANSWERSThe process by which efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the customer need in a timely manner at a reasonable cost; includes developing the overall strategy for managing the acquistion. Acquisition risk - ANSWERSThe probability that some element of an acquisition process produces an undesirable result with an advers...

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CPCM Pre-Award Practice Test UPDATED Exam Questions and CORRECT Answers What are government Purchase cards used for? - Correct ANSWER- As the method of contractimg for transactions under the Simplified Acquistion Threshold An acquisition of an IT system is divided into several smaller acquisitions increments that provide an opportunity for subsequent increments to take advantage of advances in technology or respond to changing needs. This is an example of what? - Correct ANSWER- Modula...

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CPCM Pre-Award Exam Questions and Answers Licensing - Answer-A license permits the usage of software, patents, trademarks, or technology by another entity without transferring ownership rights. The sale of a license permits the use of patents, trademarks, or other technology to another entity. Market Research - Answer-The process used for collecting and analyzing information about the entire market available to satisfy the minimum agency needs to arrive at the most suitable approach to acq...

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CPCM Pre-Award Exam