CTCM - Certified Texas Contract Management Exam with Complete Solutions!!

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 performance 7 contract compliance • Approving payments • Managing contract changes The 3 O's Approach - ANSWER-outline, operate and oversee outline includes - ANSWER-• Develop team • Conduct risk assessment • Identify the need Determine procurement method to operate includes - ANSWER-• Prepare solicitation • Copies to CAT/CPA • Solicit proposals