CPCM Online Practice Questions and Answers

The solicitation specifications and statement of work contain:

A. Administrative requirements

B. Technical requirements

C. Company policy

D. Pricing contracts

occur when the work has not changed, but it costs more than anticipated.

A. Cost Growth

B. Unpredictable cost

C. Extra cost

D. Cost overruns

During which stage of development, the leadership's involvement and support is critical because it is during this stage that program management's effect on the business is evaluated?

A. Awakening

B. implementing

C. professionalizing

D. enterprising

Which of the following is the step involved in the Supply Management Process?

A. Sourcing

B. Contract close-out

C. Post-Award Activities

D. All of the above

Which of the following is Correct?

A. In evaluating the risk, the score is calculated by multiplying the raw score by the pre- established weight value.

B. In evaluating the opportunity, the score is calculated by multiplying the raw score by the post-established weight value.

C. In evaluating the risk, the score is calculated by dividing the raw score by the post- established weight value.

D. In evaluating the risk, the score is calculated by adding the raw score and the pre- established weight value.

Who is less likely to change or cancel the contract and therefore represents a lower risk?

A. Committed Buyer

B. Committed Seller

C. Assigned personnel

D. None of the above

The less the seller is involved in the development of the requirements, the higher the risk presented by the contract.

A. True

B. False

The shorter the time allowed developing a , the higher the risk.

A. contract

B. weight factor

C. response

D. solution

Which of the following is NOT the opportunity analysis factor from the seller's perspective?

A. Future business potential

B. Provide added experience and/or new skills

C. Technology and product maturity

D. Resource utilization

Which of the following is NOT the opportunity analysis factor from the buyer's perspective?

A. Geographic distribution

B. Seller offer rapid delivery

C. Use of break-through technology

D. Ease of procurement

Which damages awarded to the plaintiff over and above what will barely compensate for his or her loss?

A. Uniform Commercial Code

B. Commercial Credit Act

C. Commercial Code Form

D. Uniform Code of Conduct

The attributes used to determine the product or service quality and procedural effectiveness, these attributes are called:

A. Decision making criteria

B. Attributed criteria

C. Management criteria

D. Technical criteria

Which three types of evaluation standards express values?

A. absolute, minimum and relative

B. absolute, maximum and relative

C. risk, minimum and relative

D. absolute, maximum and productivity

What is generally used when the non-financial considerations, such as technical skills or approach, are paramount?

A. tender

B. negotiation

C. Quotation

D. bid

What refers to verifying that all administrative matters are concluded on a contract that is otherwise physically complete?

A. Contract termination

B. Contract certificate

C. Contract closeout

D. Contract execution