Cpcm pre award and award - Study guides, Class notes & Summaries

NCMA CPCM Quiz and answers correctly verified Recommended basic types of feedback - CORRECT ANSWER-Corrective, confirmatory, motivating A decisive leader is - CORRECT ANSWER-Confident and effective Which of the following is a leadership process competency? (-a. Character, -b. Credibility, -c. Confidence, -d. Cooperation) - CORRECT ANSWER-Character Which of the following is not a step in the 6-step Decision-Making process to decisive decision making? (-a. Provide feedback, -b. Impleme...

CPCM Practice Exam: Management 2.0 5th edition already passed Dispositon The act of moving goods out of one's internal organization to another organization due to loss of value. A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small business. The contracting officer wants to make sure the small business is financially capable of performing and managing the contract. The Contracting Officer requests the contractors Balance Sheet from the most recent...

NCMA CPCM test Questions with multiple choices verified 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? -Intuition -Fact finding -Analysis -Consultation - CORRECT ANSWER-Intuition When pre-planning strategies for making a decision, the leader should: -Dispel assumptions that can negatively affect his/her leadership role -Assume others think in a certain way -Provide no ind...

CPCM Pre-Award Exam Questions and Answers 2024 Acquisition planning -Answer-The process by which efforts of all personnel responsible for an acquisition are coordinated and integrated through a comprehensive plan for fulfilling the customer need in a timely manner at a reasonable cost; includes developing the overall strategy for managing the acquistion. Acquisition risk -Answer-The probability that some element of an acquisition process produces an undesirable result with an adverse effec...

Analogy correct answer: A cost estimating technique that involves the following characteristics and considerations: 1-estimates based on similar projects or products 2-Must be able to identify differences 3-must be able to isolate the differences and account for the cost impact of those differences 4-often used for "sanity checks" Award life cycle phase correct answer: 1-This is the second of three life cycle phases of contract management. The award process involves all the work by bo...

CPCM Pre-Award and Award Exam 2024 Analogy -Answer-A cost estimating technique that involves the following characteristics and considerations: 1-estimates based on similar projects or products 2-Must be able to identify differences 3-must be able to isolate the differences and account for the cost impact of those differences 4-often used for "sanity checks" Award life cycle phase -Answer-1-This is the second of three life cycle phases of contract management. The award process involves ...

NCMA CPCM Quiz - Contract Management Body of Knowledge (CMBOK) Exam Questions With Correct Answers Recommended basic types of feedback - answerCorrective, confirmatory, motivating A decisive leader is - answerConfident and effective Which of the following is a leadership process competency? (-a. Character, -b. Credibility, -c. Confidence, -d. Cooperation) - answerCharacter Which of the following is not a step in the 6-step Decision-Making process to decisive decision making? (-a. Provide...

CPCM Pre-Award Practice Test 2024 What are government Purchase cards used for? -Answer-As the method of contractimg for transactions under the Simplified Acquistion Threshold An acquisition of an IT system is divided into several smaller acquisitions increments that provide an opportunity for subsequent increments to take advantage of advances in technology or respond to changing needs. This is an example of what? -Answer-Modular Contracting the Reynard-Muldrake Group provides physical sec...

CPCM (Practice Exam) Q&A 2024 Dispositon - CORRECT ANSWER-The act of moving goods out of one's internal organization to another organization due to loss of value. A contracting officer is preparing to award a contract for Advisory & Assistance Services to a small business. The contracting officer wants to make sure the small business is financially capable of performing and managing the contract. The Contracting Officer requests the contractors Balance Sheet from the most recently com...