NCMA CCMA STUDY GUIDE QUESTIONS
ANS ACTUAL ANSWERS 2024 - 2025
The,actions,of,a,contract,manager,to,develop,solicitations,,develop,offers,,form,contracts,,perform,contr
acts,,and,close,contracts.,,ANS,-,,Contract,Management
The,authorized,representative,or,agent,for,a,contracting,party.,,ANS,-,,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.,,ANS,-,,Contract
The,execution,of,the,terms,of,a,contract.,,ANS,-,,Contract,performance
For,contract,management,,these,principles,apply,to,all,contract,managers,in,all,phases,of,the,contract,lif
e,cycle.,,ANS,-,,Guiding,Principles
The,phases,of,a,contract:,pre-award,,award,,and,post-award.,,ANS,-,,Contract,Life,Cycle,Phases
The,areas,within,a,contract,life,cycle,phase,that,produce,significant,contract,management,outcomes.,,AN
S,-,,Domains
The,processes,utilized,to,produce,the,expected,contract,management,outcomes,of,the,domains.,These,p
rocesses,involve,the,ability,to,perform,multiple,job,tasks,,both,simultaneously,and,sequentially,,while,ac
hieving,meaningful,results.,,ANS,-,,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.,,ANS,-,,Job,Tasks
The,process,of,managing,contracts,throughout,the,contract,life,cycle,while,ensuring,customer,satisfactio
n.,,ANS,-,,Contract,Management
, Negotiations,,changes,,requirement,interpretations,,deliverables,,contract,terms,and,conditions,,and,risk
,management,are,actions,of,who?,,ANS,-,,Contract,Manager
The,contracted,party,with,the,requirement,for,goods,and/or,services,to,be,fulfilled,by,one,or,more,seller
s.,,ANS,-,,Buyer
The,contracted,party,tasked,with,fulfilling,the,buyer's,requirement,for,goods,and/or,services.,,ANS,-
,,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,rea
sonable,cost.,,ANS,-,,Plan,Solicitation
The,process,of,implementing,the,solicitation,plan,by,soliciting,responses,from,sellers,in,order,to,fulfill,a,c
ustomer,need.,,ANS,-,,Request,Offers
The,process,of,describing,all,the,elements,of,the,customer,requirements,(technical,,business,,regulatory,,
etc.),to,the,sellers.,,ANS,-,,Develop,Solicitation
The,organization's,ability,to,execute,the,sales,plan,as,it,assembles,an,offer,to,win,business.,,ANS,-
,,Prepare,Offer
The,process,of,Determining,reasonable,cost,and,pricing,,Conducting,negotiations,,Selecting,the,source,,a
nd,Managing,disagreements.,,ANS,-,,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.,,ANS,-,,Price,Analysis
The,process,of,preparing,for,interaction,between,the,buyer,and,seller,regarding,all,aspects,of,the,offer,a
nd,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.,,ANS,-
,,Plan,Negotiations