CPCM test Format | Course Contents | Course Outline | test Syllabus | test Objectives
Exam : CPCM
Exam Name : Certified Professional Contracts Manager(R)
Questions : 150
Passing Scores : 70%
Duration : 1 hr 30 min.
The Contract Management Body of Knowledge and Leadership
The Contract Management Framework
Contract Management Body of Knowledge Overview
CMBOK 1.1 Competence
CMBOK 1.2 Character
CMBOK 1.3 Collaboration
CMBOK 1.4 Vision
Management I
CMBOK 2.0 Management
CMBOK 2.1 Business Management
CMBOK 2.2 Financial Management
Management II
CMBOK 2.3 Project Management
CMBOK 2.4 Risk Management
CMBOK 2.5 Supply Chain Management
Guiding Principles
CMBOK 3.1 Skills and Roles
CMBOK 3.2 Contract Principles
CMBOK 3.3 Standards of Conduct
CMBOK 3.4 Regulatory Compliance
CMBOK 3.5 Situational Assessment
CMBOK 3.6 Team Dynamics
CMBOK 3.7 Communication and Documentation
Pre-Award
CMBOK 4.1 Plan Solicitation
CMBOK 4.2 Request Offers
CMBOK 4.3 Plan Sales
Pre-Award and Award
CMBOK 4.4 Prepare Offer
CMBOK 5.1 Price or Cost Analysis
CMBOK 5.2 Plan Negotiations
CPCM Online Preparatory Course
Award and Post-Award
CMBOK 5.3 Select Source
CMBOK 5.4 Manage Disagreements
CMBOK 6.1 Administer Contract
CMBOK 6.2 Ensure Quality
Post-Award
CMBOK 6.3 Manage Subcontracts
CMBOK 6.4 Manage Changes
CMBOK 6.5 Close Out Contract
Learning
CMBOK 7.1 Continuous Learning
CMBOK 7.2 Individual Competence
CMBOK 7.3 Organizational Capability
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C. Contract administration
D. Contract formation
Answer: C
QUESTION: 135
Which of the following is the key policy of contract administration?
A. compliance with contract terms and conditions
B. effective control of contract changes
C. effective resolution of claims and disputes
D. All of the above
Answer: D
QUESTION: 136
Generally, observing and collecting information cover which three categories of concern?
A. compliance, cost control and schedule control
B. cost control and schedule control, risk control
C. compliance, cost control and performance
D. compliance, change control and risk control
Answer: A
QUESTION: 137
A progress report from many observers, and technical reviews and audits is called:
A. Direct observation
B. Indirect observation
C. Contractual audit
D. Change observation
Answer: B
QUESTION: 138
Changes are an inevitable part of contracting, because no one can predict the future with
perfect accuracy.
A. True
B. False
37
Answer: A
QUESTION: 139
Contract closure by mutual agreement or breach of contract is called contract closeout.
A True
B. False
Answer: B
QUESTION: 140
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
Answer: C
QUESTION: 141
Which of the following is the type of termination?
A. termination for cause
B. termination by mutual agreement
C. no-cost settlement
D. All of the above
Answer: D
QUESTION: 142
Used without normal termination procedures, no-cost settlement can be considered when:
A. the seller has indicated it will accept it
B. no buyer property was furnished under the contract
C. the product or service can be readily obtained elsewhere
D. All of the above
Answer: D
38
QUESTION: 143
Supply chain management advocates told buyers that they needed to:
A. use fewer suppliers vs. many suppliers
B. negotiate long-term contract vs. short-term contracts
C. conduct more detailed progress or milestone tracking of suppliers
D. All of the above
Answer: D
QUESTION: 144
To achieve high performance results year after year, companies must take what action to
form successful long-term partnerships?
A. unleashing corporate buying and selling power
B. changing buying and selling processes and tools
C. developing and integrated supply chain
D. All of the above
Answer: D
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