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Certified Professional Contracts Manager(CPCM)

Exam Details

  • Exam Code
    :CPCM
  • Exam Name
    :Certified Professional Contracts Manager(CPCM)
  • Certification
    :Certified Professional Contracts Manager
  • Vendor
    :NCMA
  • Total Questions
    :149 Q&As
  • Last Updated
    :

NCMA Certified Professional Contracts Manager CPCM Questions & Answers

  • Question 1:

    In which activity of Contract Management Process, if the input is proposal and by using weighting system as a tool the output will be contract?

    A. Source selection

    B. Solicitation planning

    C. Contract administration

    D. Solicitation

  • Question 2:

    Those incentives that use individual judgment, opinions, and informed impressions as the basis for determining the amount of incentive, either positive or negative, in one or more designated areas are called:

    A. Objectively-based and evaluated

    B. Subjectively-based and evaluated

    C. Early-based and evaluated

    D. Final-based and evaluated

  • Question 3:

    The shorter the time allowed developing a , the higher the risk.

    A. contract

    B. weight factor

    C. response

    D. solution

  • Question 4:

    A contract Management Maturity Model has how many levels in total?

    A. 2

    B. 4

    C. 5

    D. 6

  • Question 5:

    What provide project offices with an effective way to create and distribute reports will increase their willingness to communicate real-time project status both internally and with customers?

    A. Wall Chart

    B. Logistics

    C. Standards

    D. Flow Chart

  • Question 6:

    To achieve high performance results year after year, companies must take what action to form successful long-term partnerships?

    A. unleashing corporate buying and selling power

    B. changing buying and selling processes and tools

    C. developing and integrated supply chain

    D. All of the above

  • Question 7:

    Supply chain management advocates told buyers that they needed to:

    A. use fewer suppliers vs. many suppliers

    B. negotiate long-term contract vs. short-term contracts

    C. conduct more detailed progress or milestone tracking of suppliers

    D. All of the above

  • Question 8:

    Used without normal termination procedures, no-cost settlement can be considered when:

    A. the seller has indicated it will accept it

    B. no buyer property was furnished under the contract

    C. the product or service can be readily obtained elsewhere

    D. All of the above

  • Question 9:

    Which of the following is the type of termination?

    A. termination for cause

    B. termination by mutual agreement

    C. no-cost settlement

    D. All of the above

  • Question 10:

    What refers to verifying that all administrative matters are concluded on a contract that is otherwise physically complete?

    A. Contract termination

    B. Contract certificate

    C. Contract closeout

    D. Contract execution

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