Cpcm pre award exam Study guides, Class notes & Summaries

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...

CPCM Pre-Award Exam

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CPCM Pre-Award and Award Exam 2024 Analogy -Answer-A cost estimating technique that involves the following characteristics and considerations: 1-estimates based on similar projects or products 2-Must be able to identify differences 3-must be able to isolate the differences and account for the cost impact of those differences 4-often used for "sanity checks" Award life cycle phase -Answer-1-This is the second of three life cycle phases of contract management. The award process involves ...

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...

CPCM Guiding Principles Practice Exam with Complete Solutions The role of contract manager falls into which two primary functions? - Answer-Buyer and seller An issue related to gift giving and receiving could be resolved by consulting the: - Answer-Code of Conduct Which of the following describes the Guiding Principles relationships in the CMBOK Competency System? - Answer-They encompass Pre-Award, Award, and Post-award Company A, Company B, and Company C produce 95% of Product X. If...

NCMA CPCM Exam Questions & Answers 2024/2025 A clear, mutual understanding of the work to be done, as well as who will complete it and who the key stakeholders are, can be established how? - ANSWERSBy holding a post-award, pre-performance meeting A contracting officer who sends representatives from the buying agency to a work site to watch a statue being cleaned is performing? - ANSWERSDirect observation A cure notice or show cause notice typically precedes what? - ANSWERSTermination ...

CPCM Pre-Award Exam Questions and Answers 2024 Acquisition planning -Answer-The 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 -Answer-The probability that some element of an acquisition process produces an undesirable result with an adverse effec...

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...

CPCM (Practice Exam) Q&A 2024 Dispositon - CORRECT ANSWER-The act of moving goods out of one's internal organization to another organization due to loss of value. 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 com...