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CTCM Exam Contract Management Exam Questions and Answers

CTCM EXAM QUESTIONS AND ANSWERS

CTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% AccurateCTCM Exam: Contract Management Exam Questions and Answers 100% Accurate Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract ...

CTCM EXAM Questions & Answers contract value Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? 4 + (4+4+4 renewals) = 16 million What is SPD? State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? The ability of an agenc...

Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - ANSWER-Not the same but very similiar CA - responsible for post award CM - is responsible for all functions of contract mgmt. What are "resources" a contract mgmt plan should have? - ANSWER-Executives, CM, CA Procurement Process - ANSWER-Need defined: End User: CM and Purchaser Procurement Method Sel...

CTCM EXAM Questions & Answers contract value Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? 4 + (4+4+4 renewals) = 16 million What is SPD? State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? The ability of an agenc...

Steps in Contract Management Framework - ️️Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - ️️Not the same but very similiar CA - responsible for post award CM - is responsible for all functions of contract mgmt. What are "resources" a contract mgmt plan should have? - ️️Executives, CM, CA Procurement Process - ️️Need defined: End User: CM and Purchaser Procurement Method Selecte...

Steps in Contract Management Framework - ANSWER-Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - ANSWER-Not the same but very similiar CA - responsible for post award CM - is responsible for all functions of contract mgmt. What are "resources" a contract mgmt plan should have? - ANSWER-Executives, CM, CA Procurement Process - ANSWER-Need defined: End User: CM and Purchaser Procurement Method Sel...

CTCM EXAM Questions & Answers contract value Initial Value of the contract, plus any amendments, renewals and extensions for the contract's full existence A contract with an initial value of $4 million, with 3 optional annual renewals of the same amount. What is the contract value? 4 + (4+4+4 renewals) = 16 million What is SPD? State Procurement Division - Delegates purchasing authority to state agencies for non IT goods & services What is Purchasing authority? The ability of an agenc...

CTCM Exam Contract Management Exam Questions and Answers