NCMA CPCM Practice Questions| TestInsights

Question 1

The meetings with prospective sellers before they prepare their proposals are called:

ABidder's conferences

Bseller's conferences

Cprocurement conferences

DAgenda

Correct : A

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ABidder's conferences

Bseller's conferences

Cprocurement conferences

DAgenda

Question 2

The process of ensuring that each party's performance meets contractual requirements is known as:

AContract management

BContract negotiation

CContract administration

DContract formation

Correct : C

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AContract management

BContract negotiation

CContract administration

DContract formation

Question 3

Which of the following is the key policy of contract administration?

Acompliance with contract terms and conditions

Beffective control of contract changes

Ceffective resolution of claims and disputes

DAll of the above

Correct : D

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Acompliance with contract terms and conditions

Beffective control of contract changes

Ceffective resolution of claims and disputes

DAll of the above

Question 4

Generally, observing and collecting information cover which three categories of concern?

Acompliance, cost control and schedule control

Bcost control and schedule control, risk control

Ccompliance, cost control and performance

Dcompliance, change control and risk control

Correct : A

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Acompliance, cost control and schedule control

Bcost control and schedule control, risk control

Ccompliance, cost control and performance

Dcompliance, change control and risk control

Question 5

To achieve high performance results year after year, companies must take what action to form successful long-term partnerships?

Aunleashing corporate buying and selling power

Bchanging buying and selling processes and tools

Cdeveloping and integrated supply chain

DAll of the above

Correct : D

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Aunleashing corporate buying and selling power

Bchanging buying and selling processes and tools

Cdeveloping and integrated supply chain

DAll of the above

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