Tentamen (uitwerkingen)

NCMA CPCM Quiz - Contract Management Body Of Knowledge (CMBOK) Questions and answers latest update

0 keer verkocht

Vak
Quality Control and Quality Assurance

Instelling
Quality Control And Quality Assurance

[Meer zien]

Voorbeeld 4 van de 46 pagina's

Bekijk voorbeeld

Geupload op 27 juni 2024
Aantal pagina's 46
Geschreven in 2023/2024
Type Tentamen (uitwerkingen)
Bevat Vragen en antwoorden

ncma cpcm quiz contract management body of knowl

Volgen

ACADEMICAIDSTORE

Lid sinds 3 jaar 1134 documenten verkocht

€10,78

In winkelwagen

Op verlanglijstje

100% tevredenheidsgarantie
Direct beschikbaar na je betaling
Lees online óf als PDF
Geen vaste maandelijkse kosten

NCMA CPCM Quiz - Contract Management Body Of
Knowledge (CMBOK) Questions and answers latest
update
Recommended basic types of feedback
Corrective, confirmatory, motivating

A decisive leader is
Confident and effective

Which of the following is a leadership process competency?

a. Character
b. Credibility
c. Confidence
d. Cooperation
Character

Which of the following is not a step in the 6-step Decision-Making process to decisive decision
making?

a. Provide feedback
b. Implement the decision
c. Collect internal and external opinions
d. Pre-plan strategies to make the decision
Collect internal and external opinions

What can reduce or even eliminate the creative process?
Forced consensus

In which decision-making step should one create objectives and goals?
Pre-plan strategies

An integrative thinker is:
able to create innovative solutions to problems

Step 4 of the 6-step Decision-Making Process advises leaders to create a written plan that:
Details the problem, determines the root cause, and lists criteria to help choose a solution

What reflects a leadership activity for a contract manager?

a. Resolving a dispute with a supplier
b. Quoting the Federal Acquisition Regulation
c. Promptly responding to seller inquiries
d. Developing questions in response to a solicitation.
Resolving a dispute with a supplier.

Which of the following describes a leader who is developing new leaders?

,a. Develops the bottom 20% of the workforce
b. Treats everyone the same,
c. Grows the organization by addition
d. Focuses on individual strengths
Focuses on individual strengths

What best reflects the relationship between the leader and vision?
Leader + vision = result

Employee __________ is a major component of organizational success.
Motivation

_________ and _________ competencies support the technical application of contract management..
Leadership and Management

Assuring your organization adheres to high ethical standards is an example of what?
A leader's focus on character

Which of the following can impede leaders from developing a vision? (Failing to consult others,
Focusing on the day-to-day, Being inflexible, Living in the past)
Living in the past

When a leader in your organization insists that you accomplish something that you believe is
unethical, it likely reflects what?
Abuse of power

Why would contract managers need vision?
To drive behaviors that achieve the mission

Optimism is an important leadership tool, but it can be undermined by:
Inflexibility

You've read FAR 33.103 (Agency Protests) over and over and are still unable to determine if you can
go ahead and award the contract. This could be an example of _______________, and your next step
could be _______________.
Insufficient information; consult with stakeholders

Character is composed of which three elements?
Integrity, optimism, decisiveness

When pre-planning strategies for making a decision, the leader should:
Dispel assumptions that can negatively affect his/her leadership role

Which of the following is a principle required for an organizational culture of high ethical standards?

,a. Documenting all decisions
b. Providing rationale for all decisions
c. Including others in decisions
d. Leading by example
Leading by example

When your supervisor fails to delegate tasks to you, preferring to do it themselves, what is this called?
Resisting force to achieving competence

Successful contract management depends on the leader's ability to integrate:
The leadership process competencies

If you are an experienced contract management leader and you need to make a fast, high risk
decision in an uncertain situation, what is the best approach?
Intuition

Risk management is:
The ability to efficiently and cost-effectively mitigate problems

When tracking costs following the award of a contract, what is latency?
The delay between when a cost is incurred and when it appears in the accounting system.

This costing method uses a two-step process:

1 - assign the resource costs of each activity,
and 2 - assign activity costs to the output:
Activity-Based Costing System.

The process for creating the Resource-Loaded Schedule begins with:
...extracting a Work Breakdown Structure from the Statement of Work.

When suppliers are being certified or pre-qualified they have been:
Screened

Regardless of an organization's contracting activity size and purpose, the following four key functions
of management are essential:
Planning, Organizing, Directing, Controlling

Analysis to measure the company's ability to meet current and long-term obligations would use the
following ratio:
Solvency Ratio.

Providing information to satisfy Federal contract reporting requires the comparison of current
accounting data and a time-phased program budget. One standard approach is the use of:
An "S" Curve that represents how activities ramp up and tail off during a project.

, Supply Chain Management:
Involves managing the activities to produce and deliver a product or service from suppliers to the end
user customer

A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small
business. The contracting officer wants to make sure the small business is financially capable of
performing and managing the contract. The Contracting Officer requests the contractors Balance
Sheet from the most recently completed fiscal year.

What is an example of another item the Contracting Officer might consider requesting to make a
more informed decision?
Cash flow statement

Burn Rate funding analysis "spreads" the contract value over time in a level-loading scheme. This
technique:
fails to consider project phases, or the potential for programs to "ramp-up" activity at the beginning,
and "tail off" at the end of a project.

Which of the following could mitigate a performance risk?

a. Use appropriate cost estimating methods
b. Provide timely and appropriate performance feedback
c. Implement an effective earned value management system
d. Create an effective ethics and compliance internal control system
Create an effective ethics and compliance internal control system

Which of the following best describes the project manager's role in financial management?

a. Verifying the work completed that needs to be invoiced for.
b. Preparing invoices and sending them to the buyer.
c. Analyzing corporate balance sheets and income statements.
d. Negotiating payment terms with the buyer.
Verifying the work completed that needs to be invoiced for.

A firm fixed-price contract results in __________ buyer risk and __________seller risk.
Low; high

A schedule that outlines what tasks will take place, when they are scheduled to begin and end, and
what resources are needed to accomplish them is typically created during the Project Planning Phase
and is called a ___________.
Resource-Loaded Schedule.

A Basis of Estimate is prepared for each work package (the lowest level of the Work Breakdown
Structure). It is:
...a description of how the work will be done, by whom, and the effort or materials required.

Which of the following best describes project management?

Dit zijn jouw voordelen als je samenvattingen koopt bij Stuvia:

Bewezen kwaliteit door reviews

Studenten hebben al meer dan 850.000 samenvattingen beoordeeld. Zo weet jij zeker dat je de beste keuze maakt!

In een paar klikken geregeld

Geen gedoe — betaal gewoon eenmalig met iDeal, creditcard of je Stuvia-tegoed en je bent klaar. Geen abonnement nodig.

Direct to-the-point

Studenten maken samenvattingen voor studenten. Dat betekent: actuele inhoud waar jij écht wat aan hebt. Geen overbodige details!

Veelgestelde vragen

Wat krijg ik als ik dit document koop?

Je krijgt een PDF, die direct beschikbaar is na je aankoop. Het gekochte document is altijd, overal en oneindig toegankelijk via je profiel.

Tevredenheidsgarantie: hoe werkt dat?

Onze tevredenheidsgarantie zorgt ervoor dat je altijd een studiedocument vindt dat goed bij je past. Je vult een formulier in en onze klantenservice regelt de rest.

Van wie koop ik deze samenvatting?

Stuvia is een marktplaats, je koop dit document dus niet van ons, maar van verkoper ACADEMICAIDSTORE. Stuvia faciliteert de betaling aan de verkoper.

Zit ik meteen vast aan een abonnement?

Nee, je koopt alleen deze samenvatting voor €10,78. Je zit daarna nergens aan vast.

Is Stuvia te vertrouwen?

4,6 sterren op Google & Trustpilot (+1000 reviews)

Afgelopen 30 dagen zijn er 69052 samenvattingen verkocht

Opgericht in 2010, al 15 jaar dé plek om samenvattingen te kopen

Begin nu gratis

Laatst bekeken door jou

Samenvatting ·

(0)

Tentamen (uitwerkingen)

NCMA CPCM Quiz - Contract Management Body Of Knowledge (CMBOK) Questions and answers latest update

Document informatie

Onderwerpen

Geschreven voor

Verkoper

Ontvangen beoordelingen

Voorbeeld van de inhoud