Free CPCM Questions for NCMA Certified Professional Contracts Manager CPCM Exam as PDF & Practice Test Engine
__________ is the most essential attribute for success in business.
Correct Answer: A
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A(n) __________ contract is created when the parties state their intentions either verbally or in writing.
Correct Answer: B
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To excel in work, life, or as a leader, contract managers must commit to __________.
Correct Answer: C
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What are the immediate products of internal activity (i.e., the amount of work done within the organization or by its contractors-such as miles of road repaired or number of calls answered) called?
Correct Answer: A
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__________ are the phases of the contract life cycle.
Correct Answer: A
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The most effective contract managers understand the processes that make up each life cycle phase from
__________ perspective(s).
__________ perspective(s).
Correct Answer: A
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__________ include such things as inspection and acceptance, title transfer, force majeure, risk of loss, repudiation, warranties, payment terms, contract changes, and termination.
Correct Answer: A
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Organizations use __________ to measure how long it takes to award a contract.
Correct Answer: C
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__________ involves collecting and organizing historical information through mathematical techniques and relating this information to the work output being estimated.
Correct Answer: A
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Which of the following solicitation tools is normally used for two-step sealed bidding?
Correct Answer: D
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A new design for an article of manufacture may be legally protected from use by others using a __________.
Correct Answer: B
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The contract closeout process should begin when the ____________.
Correct Answer: D
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__________ is the measure of the probability of an event (a positive desired change) occurring and the desired impact of that event.
Correct Answer: A
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Force majeure is a term that refers to an unexpected or uncontrollable event that upsets the plan or releases one from obligation. When used in a contract, the phrase that conveys the same meaning is _________.
Correct Answer: C
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