NCMA Certified Professional Contracts Manager Set 2

The art and science of managing a contractual agreement throughout the contracting process is called:

The practice of obtaining goods and services from outside the organization is commonly known as:

Aside from routine retail transactions, virtually all contracts satisfy which of the following criteria for being a project?

Which of the following is NOT the phase of Contract Management Process?

Procurement planning, solicitation planning and solicitation are activities for buyers for which phase of Contract Management Process?

Bid / no-bid decision making, bid or proposal preparation are activities for sellers for which phase of Contract Management Process?

In Procurement planning activity of Contract Management Process, if the input is the scope statement using make-or-buy analysis as a tool to produce which output?

In solicitation planning activity of Contract Management Process, what will be the input by using standard forms as a tool and whose output will be procurements documents?

In which activity of Contract Management Process, if the input is proposal and by using weighting system as a tool the output will be contract?

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