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NCMA CPCM Exam Overview:
| Certification Vendor: | NCMA (National Contract Management Association) |
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| Exam Name: | Certified Professional Contract Manager (CPCM) Exam |
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| Exam Number: | CPCM |
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| Real Exam Qty: | 180 (170 scored, 10 beta) |
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| Exam Price: | $135 (US & Canada), $160 (International) |
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| Related Certifications: | Certified Federal Contract Manager (CFCM) Certified Commercial Contract Manager (CCCM) Certified Contract Management Associate (CCMA) |
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| Passing Score: | 72.2% |
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| Available Languages: | English |
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| Exam Format: | Scenario-based Questions, Computer-based, Multiple Choice |
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| Certificate Validity Period: | 3 years |
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| Exam Duration: | 240 minutes |
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| Recommended Training: | CPCM Exam Prep Course Contract Management Body of Knowledge (CMBOK) |
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| Exam Registration: | NCMA Official Registration Kryterion Scheduling |
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| Sample Questions: | NCMA CPCM Sample Questions |
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| Exam Way: | Online proctored or onsite testing center (Kryterion) |
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| Pre Condition: | Bachelor's degree; 5 years contract management experience; 120 hours of Continuing Professional Education (CPE/CLP) |
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| Official Syllabus URL: | https://www.ncmahq.org/Web/Certification/CPCM.aspx |
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The CPCM Certification Exam is designed for professionals who have several years of experience in the field of contracts management. Candidates must meet specific eligibility requirements, including a bachelor's degree and at least five years of full-time professional experience in contract management. Alternatively, candidates can have a master's degree and three years of full-time professional experience in contract management.
NCMA Certified Professional Contracts Manager Sample Questions (Q161-Q166):
NEW QUESTION # 161
A bilateral modification would be used for which of the following?
- A. Making negotiated equitable adjustments resulting from the issuance of a change order
- B. Making administrative changes
- C. Issuing termination notices
- D. Issuing change orders
Answer: A
Explanation:
The correct answer is A (Making negotiated equitable adjustments resulting from the issuance of a change order) because, according to NCMA Contract Management Body of Knowledge (CMBOK), a bilateral modification (supplemental agreement) is used when both parties agree to modify the terms of the contract .
This type of modification requires the signatures and consent of both the buyer and the seller.
In the context of contract changes, when a change order is issued unilaterally by the buyer, it may initially direct the contractor to proceed with the change. However, any resulting equitable adjustment -such as changes to price, schedule, or other terms-must be negotiated and agreed upon by both parties , making it a bilateral modification.
Option B (administrative changes) is incorrect because these are typically handled through unilateral modifications that do not affect substantive rights (e.g., changes in address or payment office). Option C (termination notices) and D (issuing change orders) are also unilateral actions taken by the buyer.
CMBOK emphasizes that bilateral modifications are essential for maintaining mutual agreement, fairness, and contractual integrity when substantive changes occur. They ensure that both parties formally acknowledge and accept revised terms, which is critical during the post-award phase of contract management.
NEW QUESTION # 162
In interpretation of acceptance principle according to Civil law, missing terms are filled in by the court.
Answer: B
NEW QUESTION # 163
Who is less likely to change or cancel the contract and therefore represents a lower risk?
- A. Committed Buyer
- B. Committed Seller
- C. None of the above
- D. Assigned personnel
Answer: A
NEW QUESTION # 164
Which of the following is Correct?
- A. cost-plus-incentive fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyer's objective desires.
- B. cost-plus-award fee contracts include subjective incentives, in which the profit the seller earns depends on how well the seller satisfies a buyer's subjective desires.
- C. cost-plus-award fee contracts include objective incentives, in which the profit the buyer earns depends on how well the seller satisfies a buyer's objective desires.
- D. cost-plus-incentive fee contracts include objective incentives, in which the profit the buyer earns depends on how well the buyer satisfies a seller's subjective desires.
Answer: B
NEW QUESTION # 165
In the case of a bilateral agreement, acceptance of an offer __________.
- A. need not be expressed, but it must be shown by acts only
- B. need not be expressed, but it must be shown by words only
- C. must be in writing
- D. need not be expressed, but it may be shown by words or acts
Answer: D
NEW QUESTION # 166
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