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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
    :May 11, 2024

NCMA Certified Professional Contracts Manager CPCM Questions & Answers

  • Question 131:

    Liquidated damages are a negative incentive (penalty) for:

    A. Over budget

    B. Late delivery

    C. Do not achieve requirements

    D. Requirements gap

  • Question 132:

    A critical aspect in the success of performance-based incentive contracting is called:

    A. Creativity

    B. Timeliness

    C. Achievement

    D. Standardization

  • Question 133:

    The formula to calculate the Point of Total Assumption (PTA) is:

    A. PTA = (Floor price ?Target price / seller share ratio) + Target cost

    B. PTA = (Target price ?Ceiling price / Buyer share ratio) + Target cost

    C. PTA = (Target price ?Ceiling price / seller share ratio) + Target cost

    D. PTA = (Ceiling price ?Target price / Buyer share ratio) + Target cost

  • Question 134:

    The point at which sharing changes to 0/100 is called the , which represents a cost figure.

    A. Point of configuration

    B. Point of total assumption

    C. Pattern point

    D. Prototype point

  • Question 135:

    Which of the following shows the designated performance area in the subjectively-based and evaluated incentives?

    A. Award fees

    B. Other special incentives

    C. Both A and B

    D. Neither A nor B

  • Question 136:

    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 137:

    Which of the following shows the designated performance area in the objectively-based and evaluated incentives?

    A. Cost performance

    B. Schedule or delivery performance

    C. Quality performance

    D. All of the above

  • Question 138:

    Those incentives that use predetermined formula-based methods to calculate 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 139:

    Which of the following has the fundamental purpose to motivate desired performance in one or more specific areas?

    A. Contract incentive

    B. Contract pricing

    C. Objective incentive

    D. Contract penalties

  • Question 140:

    The cost-plus-a-percentage-of-cost contract provides for the seller to receive reimbursement for its actual cost and a profit component, called

    , equal to some predetermined percentage of its actual costs.

    A. fee

    B. statement

    C. penalty

    D. None of the above

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