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NCMA CPCM Exam Syllabus Topics:

Section	Weight	Objectives
Topic 1: Leadership	~8-12%	- Professional Ethics - Team & Relationship Management - Decision Making - Strategic Thinking
Topic 2: Contract Administration	~10-15%	- Compliance & Governance - Risk Management - Documentation & Records - Stakeholder Communication
Topic 3: Finance	~5-8%	- Budgeting & Funding - Financial Compliance - Cost & Price Analysis
Topic 4: Project Management	~5-8%	- Scope & Schedule Management - Quality Assurance - Resource Management
Topic 5: Post-Award	~20-25%	- Performance Monitoring - Change Management - Contract Administration - Dispute Resolution - Contract Closeout
Topic 6: Award	~15-20%	- Contract Formation - Evaluation Criteria & Process - Award & Notification - Negotiation Principles & Techniques - Proposal Analysis
Topic 7: Pre-Award	~20-25%	- Solicitation Development - Sourcing Strategies - Market Research & Analysis - Requirements Definition - Acquisition Planning

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NCMA Certified Professional Contracts Manager Sample Questions (Q65-Q70):

NEW QUESTION # 65
Developing a _______________ and the specifications that are usually included in it is one of the most difficult challenges in procurement planning.

A. Work results
B. Statement of work
C. Contract negotiation process
D. Expert judgment

Answer: B

NEW QUESTION # 66
The correct sequence of presentation of items on the typical income statement is __________.

A. expenses, revenue, cost of goods sold, and other income
B. revenue, cost of goods sold, expenses, and other income
C. revenue, other income, expenses, and cost of goods sold
D. expenses, revenue, then income, and cost of goods sold

Answer: B

Explanation:
The correct answer is D (revenue, cost of goods sold, expenses, and other income) because this reflects the standard structure of an income statement as recognized in financial management principles aligned with the NCMA Contract Management Body of Knowledge (CMBOK). The income statement is designed to show a company's financial performance over a period of time , beginning with revenue and progressively deducting costs and expenses to determine net income.
The sequence begins with revenue (or sales) , which represents the total income generated from business operations. Next, cost of goods sold (COGS) is subtracted to determine gross profit , reflecting the direct costs associated with producing goods or services. Following this, operating expenses (such as administrative and selling expenses) are deducted to arrive at operating income . Finally, other income or expenses (such as interest or non-operating gains/losses) are included to calculate net income .
Option A and B incorrectly place expenses before revenue, which does not align with standard accounting presentation. Option C misorders key elements by placing other income before expenses and COGS.
CMBOK emphasizes understanding financial statements to evaluate contractor performance and financial health. Knowing the correct income statement structure helps contract managers assess profitability, cost efficiency, and overall financial viability.

NEW QUESTION # 67
The process of developing offers in response to oral or written solicitations or based on perceived buyer needs is called:

A. None of the above
B. No-Bid decision making
C. Bid preparation
D. Buyer specific needs

Answer: C

NEW QUESTION # 68
In developing the evaluation criteria for source selection requires which of the following prerequisite?

A. the buyer must understand the market practices of that industry.
B. the buyer must understand the industry that will provide the required goods and services.
C. the buyer must understand what goods or services it wants to but.
D. All of the above

Answer: D

NEW QUESTION # 69
The attributes used to determine the product or service quality and procedural effectiveness, these attributes are called:

A. Technical criteria
B. Management criteria
C. Decision making criteria
D. Attributed criteria

Answer: A

NEW QUESTION # 70
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