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| Section | Weight | Objectives |
|---|
| Topic 1: Legal and Regulatory Compliance | 25% | - Statutory and Regulatory Requirements - Contractor Ethics and Integrity - Intellectual Property Rights - Dispute Resolution - Federal Acquisition Regulations (FAR)
|
| Topic 2: Contract Closeout | 15% | - Contract Completion Procedures - Records Retention - Lessons Learned - Final Payment and Release
|
| Topic 3: Contract Formation | 20% | - Contract Type Selection - Negotiation Strategies - Source Selection and Evaluation - Solicitation Development
|
| Topic 4: Contract Execution | 20% | - Contract Award and Administration - Performance Monitoring - Risk Management - Quality Assurance
|
| Topic 5: Leadership and Strategic Management | 20% | - Stakeholder Management - Team Building and Leadership - Strategic Planning - Career Development - Communication Skills
|
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NCMA Certified Professional Contracts Manager Sample Questions (Q122-Q127):
NEW QUESTION # 122
In a source selection method if proposals are the input using contract negotiation as a tool in order to produce which output?
- A. Legal review
- B. Organizational policy
- C. Contracts
- D. Market practice
Answer: C
NEW QUESTION # 123
Generally, observing and collecting information cover which three categories of concern?
- A. compliance, cost control and performance
- B. cost control and schedule control, risk control
- C. compliance, cost control and schedule control
- D. compliance, change control and risk control
Answer: C
NEW QUESTION # 124
A progress report from many observers, and technical reviews and audits is called:
- A. Indirect observation
- B. Contractual audit
- C. Change observation
- D. Direct observation
Answer: A
NEW QUESTION # 125
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
Answer: D
NEW QUESTION # 126
Which domains are identified in the Post-Award Life Cycle Phase?
- A. Administer Contract and Close Contract
- B. Administer Contract and Close Out Contract
- C. Administer Contract, Ensure Quality, Manage Subcontracts, and Manage Changes
- D. Perform Contract and Close Contract
Answer: B
Explanation:
The correct answer is A because, according to the NCMA Contract Management Body of Knowledge (CMBOK), the Post-Award life cycle phase is structured around two primary domains: Administer Contract and Closeout Contract . These domains represent the formal organization of activities that occur after contract award and continue through completion and final closure.
The Administer Contract domain focuses on managing contract performance, including monitoring compliance, managing relationships, handling changes, ensuring performance quality, and addressing issues such as delays or disputes. It encompasses a wide range of operational and governance activities required to ensure that both parties fulfill their contractual obligations.
The Closeout Contract domain involves all activities necessary to formally complete the contract. This includes verifying that all deliverables have been accepted, finalizing payments, resolving any outstanding claims or disputes, completing documentation, and archiving records. CMBOK emphasizes that effective closeout ensures legal and administrative completeness while capturing lessons learned.
Option B is incorrect because "Close Contract" is not the standard terminology used in CMBOK; the correct term is Closeout Contract . Option C is incorrect because "Perform Contract" is not a defined domain in the framework. Option D lists important activities but not the official domains.
Thus, consistent with CMBOK structure, the Post-Award phase consists of Administer Contract and Closeout Contract .
NEW QUESTION # 127
......
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