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| Certification Vendor: | National Contract Management Association (NCMA) |
|---|---|
| Exam Name: | NCMA Certified Professional Contracts Manager (CPCM) Examination |
| Exam Number: | CPCM |
| Exam Duration: | 180 minutes |
| Real Exam Qty: | 150 |
| Exam Format: | Computer-based exam, Multiple-choice |
| Exam Price: | $275–$375 USD (varies by membership status and region) |
| Available Languages: | English |
| Certificate Validity Period: | 3 years (renewal required via continuing education units) |
| Passing Score: | Scaled score (threshold varies; not publicly fixed) |
| Related Certifications: | Certified Federal Contracts Manager (CFCM) Certified Contract Management Associate (CCMA) |
| Recommended Training: | NCMA Official Training and CMBOK Resources |
| Exam Registration: | NCMA Certification Registration |
| Sample Questions: | NCMA CPCM Sample Questions |
| Exam Way: | Computer-based exam delivered via authorized testing centers or remote proctored platforms (varies by region and scheduling availability). |
| Pre Condition: | Eligibility typically requires prior contract management experience and/or NCMA certification pathway requirements (e.g., CCMA or equivalent professional experience). |
| Official Syllabus URL: | https://www.ncmahq.org |
The field of NCMA is growing rapidly and you need the NCMA CPCM certification to advance your career in it. But clearing the Certified Professional Contracts Manager (CPCM) test is not an easy task. Applicants often don't have enough time to study for the CPCM Exam. They are in desperate need of real CPCM exam questions which can help them prepare for the Certified Professional Contracts Manager (CPCM) test successfully in a short time.
The CPCM certification is widely recognized as a mark of excellence in the field of contract management. Professionals who hold this certification have demonstrated a high level of expertise and knowledge in this field, and are recognized as leaders in the industry. The CPCM Certification is particularly valuable for those working in government contracting, where it is often required or preferred by employers.
NEW QUESTION # 103
Procurement planning, solicitation planning, and source selection are all phases of Garrett's contract management model for:
Answer: B
Explanation:
Explanation
NEW QUESTION # 104
Under a/an __________ cost system, a company accounts for output by identifying specific physical units.
Answer: C
Explanation:
The correct answer is A (job-order) because, within the NCMA Contract Management Body of Knowledge (CMBOK), a job-order costing system is used when costs are accumulated and assigned to specific, identifiable units or jobs . Each job or contract is treated as a distinct cost object, allowing organizations to track costs individually for each project, product, or service.
In a job-order cost system, costs such as labor, materials, and overhead are directly traced or allocated to a particular job. This approach is especially relevant in contract management environments where work is customized, project-based, or unique , such as construction contracts, consulting services, or specialized manufacturing. By identifying specific physical units or deliverables, contract managers can accurately determine the cost and profitability of each contract.
Option C ( process costing ) is used when products are mass-produced and indistinguishable, with costs averaged across large volumes, not tied to specific units. Option D ( activity-based costing ) allocates costs based on activities but does not focus on identifying individual physical units. Option B ( unit ) is not a standard cost accounting system.
CMBOK emphasizes that selecting the appropriate costing method is essential for accurate pricing, budgeting, and financial control. Job-order costing supports detailed cost tracking and accountability, making it highly suitable for contract-based work where each deliverable must be individually managed and evaluated.
NEW QUESTION # 105
Fee is expressed as percentage of estimated cost at time contract is awarded, is the advantage of:
Answer: C
NEW QUESTION # 106
The practice of obtaining goods and services from outside the organization is commonly known as:
Answer: D
NEW QUESTION # 107
The formula for measuring productivity is __________.
Answer: C
Explanation:
The correct answer is C (productivity = output/input) because, within the NCMA Contract Management Body of Knowledge (CMBOK), productivity is fundamentally defined as the ratio of outputs produced to the inputs used to produce them. This formula provides a clear and quantifiable measure of efficiency in utilizing resources such as labor, materials, time, and capital.
Output refers to the goods or services delivered, such as completed tasks, manufactured units, or services rendered under a contract. Input includes the resources consumed to achieve that output, including labor hours, costs, and materials. By dividing output by input, contract managers can assess how effectively resources are being used to generate results.
This metric is essential in contract management for evaluating performance efficiency, cost-effectiveness, and operational improvement opportunities . Higher productivity indicates better utilization of resources, while lower productivity may signal inefficiencies that require corrective action.
Option A and B incorrectly associate productivity with risk and reward, which are unrelated concepts. Option D ( output + input ) does not represent a meaningful performance ratio.
CMBOK emphasizes productivity measurement as part of management competencies, enabling contract managers to monitor performance, control costs, and improve overall contract outcomes.
NEW QUESTION # 108
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