Ctcm exam 2024 - Study guides, Class notes & Summaries

CTCM Exam Prep (July 2024) Latest Update Actual Exam 150 Questions and 100% Verified Correct Answers Guaranteed A+

Steps in Contract Management Framework - correct answer Plan; Procurement; Contract Formation/Rate/Price Establishment; Contract Oversight Contract Administrator(CA) vs. Contract Manager(CM) - correct 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? - correct answer Executives, CM, CA Procurement Process - correct answer Need defined: End User: ...

CTCM CERTIFICATION EXAM 2024/ LATEST UPDATE WITH 300+ QUESTIONS AND CORRECT VERIFIED ANSWERS GUARANTEED A+

CTCM CERTIFICATION EXAM 2024/ LATEST UPDATE WITH 300+ QUESTIONS AND CORRECT VERIFIED ANSWERS GUARANTEED A+ $ 5K to $ 25k = binding- correct answer informal A contract with an initial value of $4 million, with three (3) optional, annual renewals of the same amount. What is the contract value? Include formula for the answer. - CORRECT ANSWER: Initial + Renewals (4) + (4+4+4) = $16 Million

CTCM CERTIFICATION EXAM WITH 200 EXAM PRACTICE QUESTIONS AND CORRECT VERIFIED ANSWERS GRADED A/ 2024 CERTIFIED TEXAS CONTRACT MANAGEMENT CERTIFICATION EXAM LATEST (NEW) TXMAS contracts are also known as A. Texas Multiple Award Schedule contracts B. Texas Managed Automated Scheduled contracts C. Texas Mass Awarded Contracts D. Texas Multiple Available Sourced contracts - ANSWER-A. Texas Multiple Award Schedule contracts The Statewide Procurement Division is part of the Comptroller'...

Procurement Method Determination - correct answer Step 2 of identifying the appropriate procurement method and if applicable issue a solicitation. Procurement Planning - correct answer Step 1 of defining the business need and establish the procurement objectives. Contract Management - correct answer 5th step of administer and enforce the terms of the contract. Contract formation and award - correct answer 4th step ensure that the awarded contract complies with applicable procure...

CTCM Exam Prep (May 2023) EXAM 2024 NEWEST WITH DETAILED VERIFIED ANSWERS (100% CORRECT Contract Value - ANSWER-the initial value of the contract, plus any amendments, renewals and extensions for the contract's full existence. A contract with an initial value of $2 million, with three (3) optional, annual renewals of the same amount. What is the contract value? - ANSWER-8 Million SPD - ANSWER-entity that delegates purchasing authority to state agencies for non-I...

CTCM (SPD Exam Study Guide 2024) with Complete SolutionsCTCM (SPD Exam Study Guide 2024) with Complete SolutionsCTCM (SPD Exam Study Guide 2024) with Complete SolutionsCTCM (SPD Exam Study Guide 2024) with Complete Solutions Procurement Roles - ANSWER-Purchasing, contract development and contract management Purchasing - ANSWER-Receipt and processing of requisitions, issuance of purchase orders against existing contracts, and verification of inspection of merchandise or receipt of services. D...

CTCM EXAM PREP LATEST VERSION WITH GOLDEN TIPS SOLUTIONS (2024/2025) RATED A+

CTCM CERTIFICATION EXAM 2024| 300+ ACTUAL EXAM QUESTIONS AND CORRECT ANSWERS GUARANTEED A+