Cpcm - Study guides, Class notes & Summaries

Competitive negotiation A method of contracting involving a RFP that states: -The buyer's requirements and criteria for evaluation -Submission of timely proposals by a maximum number of offerors -discussion with those offerors found to be within the competitive range -award of a contract to the one offeror whose offer, price and other consideration factors are most advantageous to the buyer R&D Contract A contract for basic research applied research, or development SBIR Smal...

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...

CPCM Exam Latest 2023 Rated A+ Accountability An obligation or willingness to accept responsibility for one's actions Character A leadership competency that says that contract leaders must be able to perform contract management with the highest standards of ethical behavior and with integrity, decisiveness and optimism Collaboration Working jointly with others or together, especially in an intellectual endeavor Competence A leadership competency that says that a contract leader must be techn...

NCMA CPCM Quiz - Contract Management Body of Knowledge (CMBOK) 100% Pass 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 inte...

CPCM Test with Complete Solutions Cooperative Purchasing - Answer-Process whereby two or more communities, counties or other governmental jurisdiction voluntarily agree to coordinate their purchase of one or more commodities to obtain the best unit price through volume buying International Contract Negotiation Conditions - Answer-- Import Issues - Export Issues - Currency differences Supply Management - Answer-a systems management concept that combines activities in a single department,...

CPCM Exam Latest Update with Verified Solutions How is accountability defined? A readiness to accept responsibility for one’s actions What does character mean in the context of leadership? A quality indicating that contract leaders must handle contract management with high ethical standards, integrity, decisiveness, and optimism What does collaboration entail? Working together with others, especially in intellectual efforts What is meant by competence in leadership? A lea...

CPCM EXAM QUESTIONS AND ANSWERS

CPCM Exam 2024 Questions with Answers Accounting - Answer-The way an organization collects, organizes, and records financial information for making management decisions; the way to report a company's transactions and to maintain accountability for its assets and liabilities. Accounting System - Answer-A formal communications network that supplies relevant information for planning, control, decision-making, and evaluation. Acid test ratio - Answer-The ratio determining how well the compan...

CPCM Study Guide Questions with Correct Answers Basic Agreement - Answer-written negotiated agreement between the buyer and seller that contains terms and conditions and serves as an agreement for future contracts between the parties but is not considered a contract RFQ - Answer-normally used in simplified acquisition or negotiated procurement when award will be made after negotiations. Only considered a contract through supplier signature or the start of work. acid test ratio - Answer-ho...

CPCM Exam Questions with Correct Answers Walsh-Healy Public Contract Act - Answer-Requires contractors engaged in manufacturing or furnishing of materials, supplies, articles or equipment to the Govt to pay employees who produce, assemble, handle, or ship goods under contracts exceeding $15K the federal min wage for all hours worked and time-and-one-half for hours worked over 40. Contract Work Hours & Safety Standards Act - Answer-Established a 40 hour work week and time 1/2 for hours work...