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NCMA CCMA Study Guide(Certified Contract Management Associate)With Correct Answers.
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NCMA CCMA Study Guide(Certified Contract Management Associate)With Correct Answers.
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NCMA CCMA Study Guide (Certified Contract Management Associate )With Correct Answers.The actions of a contract manager to develop solicitations, develop offers, form contracts, perform contracts, and close contracts. - Answer Contract Management
The authorized representative or agent for a contracting party. - Answer Contract Manager
A mutually binding legal relationship obligating the seller to furnish supplies or services and the buyer to provide consideration in exchange for them. - Answer Contract
The execution of the terms of a contract. - Answer Contract performance
For contract management, these principles apply to all contract managers in all phases of the contract life cycle. - Answer Guiding Principles
The phases of a contract: pre-award, award, and post-award. - Answer Contract Life Cycle Phases
The areas within a contract life cycle phase that produce significant contract management outcomes. - Answer Domains
The processes utilized to produce the expected contract management outcomes of the domains. These processes involve the ability to perform multiple job tasks, both simultaneously and sequentially, while achieving meaningful results. - Answer Competencies
The tasks performed on a routine basis by contract managers. Contract managers systematically process the job tasks to achieve the expected results of the competencies. - Answer Job Tasks
The process of managing contracts throughout the contract life cycle while ensuring customer satisfaction. - Answer Contract Management
Negotiations, changes, requirement interpretations, deliverables, contract terms and conditions, and risk management are actions of who? - Answer Contract Manager
The contracted party with the requirement for goods and/or services to be fulfilled by one or more sellers. - Answer Buyer
The contracted party tasked with fulfilling the buyer's requirement for goods and/or services. - Answer Seller
The process by which efforts of all personnel responsible for acquiring goods or services are coordinated and integrated through a comprehensive plan for fulfilling the customer need in a timely manner at a reasonable cost. - Answer Plan Solicitation NCMA CCMA Study Guide (Certified Contract Management Associate )With Correct Answers.
The process of implementing the solicitation plan by soliciting responses from sellers
in order to fulfill a customer need. - Answer Request Offers
The process of describing all the elements of the customer requirements (technical, business, regulatory, etc.) to the sellers. - Answer Develop Solicitation
The organization's ability to execute the sales plan as it assembles an offer to win business. - Answer Prepare Offer
The process of Determining reasonable cost and pricing, Conducting negotiations, Selecting the source, and Managing disagreements. - Answer Form Contract
The process of examining and evaluating an offeror's proposed price without evaluation of the separate detailed cost elements and proposed profit of the offeror's price proposal. - Answer Price Analysis
The process of preparing for interaction between the buyer and seller regarding all aspects of the offer and its terms, and often involves clarifying requirements and parties requesting changes or consideration of an alternate approach that may be consistent with the solicitation requirements. - Answer Plan Negotiations
The process of analyzing submitted offers in accordance with the solicitation evaluation criteria to select the source that has the highest probability of satisfactory contract performance. - Answer Select Source
The process of resolving conflict between potential and actual contracted parties in order to maintain legal conformity - Answer Manage Disagreements
The process of executing contract requirements, managing business relationships, ensuring quality, and managing changes - Answer Perform Contract
The process of Confirming expectations, Maintaining communication channels, Processing contract documentation, Conducting post-award performance reviews, and Assessing contract performance. - Answer Administer Contract
The process of Planning for contract performance delivery and monitoring, and Inspecting and accepting contract performance. - Answer Ensure Quality
The management of contracts in support of the prime contract. - Answer Manage Subcontracts
The process of Initiating, considering, negotiating, and issuing contract modifications;
and Maintaining configuration control of the contract and subsequent contract performance. - Answer Manage Changes
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