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NCMA CPCM Quiz - Contract Management Body of Knowledge (CMBOK) Qs & As
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NCMA CPCM Quiz - Contract Management Body of Knowledge (CMBOK) Qs & As
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NCMA CPCM Quiz - Contract Management Body ofKnowledge (CMBOK) Qs & As
When a leader in your organization insists that you accomplish something that you believe is
unethical, it likely reflects what? Correct Ans-Abuse of power
Why would contract managers need vision? Correct Ans-To drive behaviors that achieve
the mission
Optimism is an important leadership tool, but it can be undermined by: Correct Ans-
Inflexibility
You've read FAR 33.103 (Agency Protests) over and over and are still unable to determine if
you can go ahead and award the contract. This could be an example of _______________, and
your next step could be _______________. Correct Ans-Insufficient information; consult
with stakeholders
Character is composed of which three elements? Correct Ans-Integrity, optimism,
decisiveness
When pre-planning strategies for making a decision, the leader should: Correct Ans-Dispel
assumptions that can negatively affect his/her leadership role
, NCMA CPCM Quiz - Contract Management Body of
Knowledge (CMBOK) Qs & As
Which of the following is a principle required for an organizational culture of high ethical
standards? (-a. Documenting all decisions, -b. Providing rationale for all decisions, -c.
Including others in decisions, -d. Leading by example) Correct Ans-Leading by example
When your supervisor fails to delegate tasks to you, preferring to do it themselves, what is
this called? Correct Ans-Resisting force to achieving competence
Successful contract management depends on the leader's ability to integrate: Correct Ans-
The leadership process competencies
If you are an experienced contract management leader and you need to make a fast, high risk
decision in an uncertain situation, what is the best approach? Correct Ans-Intuition
Risk management is: Correct Ans-The ability to efficiently and cost-effectively mitigate
problems
When tracking costs following the award of a contract, what is latency? Correct Ans-The
delay between when a cost is incurred and when it appears in the accounting system.
This costing method uses a two-step process: 1 - assign the resource costs of each activity, and
2 - assign activity costs to the output: Correct Ans-Activity-Based Costing System.
, NCMA CPCM Quiz - Contract Management Body of
Knowledge (CMBOK) Qs & As
The process for creating the Resource-Loaded Schedule begins with: Correct Ans-
...extracting a Work Breakdown Structure from the Statement of Work.
Recommended basic types of feedback Correct Ans-Corrective, confirmatory, motivating
A decisive leader is Correct Ans-Confident and effective
Which of the following is a leadership process competency? (-a. Character, -b. Credibility, -c.
Confidence, -d. Cooperation) Correct Ans-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 to make the decision) Correct Ans-Collect internal and
external opinions
What can reduce or even eliminate the creative process? Correct Ans-Forced consensus
In which decision-making step should one create objectives and goals? Correct Ans-Pre-
plan strategies
An integrative thinker is: Correct Ans-able to create innovative solutions to problems
, NCMA CPCM Quiz - Contract Management Body of
Knowledge (CMBOK) Qs & As
Step 4 of the 6-step Decision-Making Process advises leaders to create a written plan that:
Correct Ans-Details the problem, determines the root cause, and lists criteria to help
choose a solution
What reflects a leadership activity for a contract manager? (-a. Resolving a dispute with a
supplier., -b. Quoting the Federal Acquisition Regulation., -c. Promptly responding to seller
inquiries., -d. Developing questions in response to a solicitation.) Correct Ans-Resolving a
dispute with a supplier.
Which of the following describes a leader who is developing new leaders? -a. Develops the
bottom 20% of the workforce, -b. Treats everyone the same, -c. Grows the organization by
addition, -d. Focuses on individual strengths) Correct Ans-Focuses on individual strengths
What best reflects the relationship between the leader and vision? Correct Ans-Leader +
vision = result
Employee __________ is a major component of organizational success. Correct Ans-
Motivation
_________ and _________ competencies support the technical application of contract
management.. Correct Ans-Leadership and Management
Assuring your organization adheres to high ethical standards is an example of what?
Correct Ans-A leader's focus on character
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