Ctcm certification 2024 - Study guides, Class notes & Summaries

CTCM - Certified Texas Contract Management Exam 2023/2024 Graded A+. Certified Texas Contract Manager - ANSWER-• professional title containing the "contract" • contract management duties 50% or more • Manages any contract in excess of $5,000,000. Statewide Procurement Division (SPD) is the central authority for state agencies in procurement for: - ANSWER-- Procurement guidance - Education - Statewide contract development services - Delegation of purchasing authority What does S...

CTCM - Certified Texas Contract Management Exam 2023/2024 Graded A+. Certified Texas Contract Manager - ANSWER-• professional title containing the "contract" • contract management duties 50% or more • Manages any contract in excess of $5,000,000. Statewide Procurement Division (SPD) is the central authority for state agencies in procurement for: - ANSWER-- Procurement guidance - Education - Statewide contract development services - Delegation of purchasing authority What does S...

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.

CTCM LATEST CERTIFICATION EXAM WITH 300 PRACTICE QUESTIONS AND CORRECT ANSWERS/ CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION TEST 2024 (BRAND NEW!!) ||GUARANTEED SUCCESS The Procurement Oversight & Delegation Team reviews the following contracts except: A. Conducts reviews and delegation of authority for services of $100,000 or greater B. Solicitations with value of $5 million or greater coordinates the review C. All Major Information Resources Projects ...

CTCM Contract Management1 Exam Study Guide. Contract Management Certification - AnswerCertified 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 - AnswerLegal, written document to exchange goods or services for consideration (compensation) What is Contract Management - AnswerThe entire contracting process from planning th...

Vendor Communication consists of all of the following except. A. Avoids situations that could appear to show favoritism to a specific vendor B. is constant throughout the life of a contract C. Allows communication by the end user during solicitation as long as they communicate to all vendors D. Is allowable and unallowable depending on the circumstance. C. Allows communication by the end user during solicitation as long as they communicate to all vendors 2. The Statewide Procu...

CTCM CERTIFICATION EXAM 2024| WITH 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS| A+ GUARANTEED A contract with an initial value of $4 million, with three (3) optional, annual renewals of the same amount. What is the contract value? Include formula for the answer. - CORRECT ANSWER: Initial + Renewals (4) + (4+4+4) = $16 Million A contract with an initial value of $200,000, with two (2) optional, annual renewals of the same amount. What is the contract value? Include the formula in your respon...