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CERTIFIED PROFFESSIONAL CONTRACTS MANAGER (CPCM) TEST THE AUDIENCE !!
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CERTIFIED PROFFESSIONAL CONTRACTS MANAGER (CPCM)
TEST THE AUDIENCE !!
TEST YOUR KNOWLEDGE
1. What is the systematic practice of identifying & reducing the threats that exist in the project?A. Strategic ManagementB. Threat ManagementC. Cost, Schedule, & Performance ManagementD. Risk Management
TEST YOUR KNOWLEDGE
2. The seller is responsible for risk of loss or damage occurring before delivery to the carrier in which of the following?A. Report of Shipment (RESHIP)B. Late notification to the Government
Transportation System (GTS)C. Free on Board (F.O.B.) DestinationD. Free on Board (F.O.B.) Origin
TEST YOUR KNOWLEDGE
3. The maximum number of offerors normally selected to submit phase-two proposals in a two-phase Design & Build solicitation is?A. 5B. 10C. 3D. Unlimited
TEST YOUR KNOWLEDGE
4. In its simplest form, this is an inventory system in which a replenishment order is issued each time a withdrawal is made, and the quantity is equal to the amount of the withdrawal?A. Base-Inventory SystemB. Base-Leveling SystemC. Base-Stock SystemD. Base-Supply System
TEST YOUR KNOWLEDGE
5. The courts and boards have recognized 4 methods for pricing equitable adjustment claims. Which of the following methods is NOT recognized?A. Actual CostsB. Actual DamagesC. Jury VerdictD. Total Cost
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an example of a competitive acquisition method?A. Imprest FundsB. Purchase AgreementsC. Purchase CardsD. Sealed Bidding
TEST YOUR KNOWLEDGE
7. This is a temporary transfer possession of personal property without a change of ownership for the specific purpose & with the intent that possession will revert to the owner at a later date.A. AssignmentB. BailmentC. ConveyanceD. Temporary Transfer of Property
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for excusable conditions.A. Acts of GodB. Differing Site ConditionsC. Force MajeureD. Latent Site Conditions
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire information technology systems in successive, interoperable increments is called:A. Incremental ContractingB. Modular ContractingC. Blanket Purchase AgreementD. Successive System Contracting
TEST YOUR KNOWLEDGE
10. Which of the following is an advantage tousing a FFP contract?A. Fair & Reasonable price can be established at
outsetB. It places 100% of the financial risk on the sellerC. Price is not subject to adjustment regardless of
seller performanceD. It’s the preferred contract type for the Agency, it
reduces amount of resources required, & establishes a ceiling price on the onset.
TEST YOUR KNOWLEDGE
11. Which of the following is an excusable delay in Government contracting:
A. HurricaneB. TornadoC. Fire D. Power Outage
TEST YOUR KNOWLEDGE
12. This document provides evidence of receipt of goods for shipment issued by a person engaged in the business of transporting goods?A. Bill of GoodsB. Bill of LadingC. Bill of MaterialsD. Bill of Sale
TEST YOUR KNOWLEDGE
13. This is an intentional failure of a party to enforce a contract requirement, usually done for an act of immediate or future consideration from the other party. It is sometimes referred to as a non-waiver or one-time waiver, but not as a relinquishment of rights:A. EstoppelB. ForbearanceC. FraudD. Rescission
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to purchase goods or services or both by the buyer:A. Discharge of ContractB. Termination for ConvenienceC. CancellationD. Change in Requirements
TEST YOUR KNOWLEDGE
15. A legal phrase used in connection with the construction of written documents to the effect that an ambiguous provision is construed most strongly against the person who selected the language:A. Caveat EmptorB. EstoppelC. Contra ProferntemD. Determination of Intent
CERTIFIED PROFFESSIONAL CONTRACTS MANAGER (CPCM)
REVIEW
TEST YOUR KNOWLEDGE
1. What is the systematic practice of identifying & reducing the threats that exist in the project?A. Strategic ManagementB. Threat ManagementC. Cost, Schedule, & Performance ManagementD. Risk Management
TEST YOUR KNOWLEDGE
1. What is the systematic practice of identifying & reducing the threats that exist in the project?A. Strategic ManagementB. Threat ManagementC. Cost, Schedule, & Performance ManagementD. Risk Management
TEST YOUR KNOWLEDGE
2. The seller is responsible for risk of loss or damage occurring before delivery to the carrier in which of the following?A. Report of Shipment (RESHIP)B. Late notification to the Government
Transportation System (GTS)C. Free on Board (F.O.B.) DestinationD. Free on Board (F.O.B.) Origin
TEST YOUR KNOWLEDGE
2. The seller is responsible for risk of loss or damage occurring before delivery to the carrier in which of the following?A. Report of Shipment (RESHIP)B. Late notification to the Government
Transportation System (GTS)C. Free on Board (F.O.B.) DestinationD. Free on Board (F.O.B.) Origin
TEST YOUR KNOWLEDGE
3. The maximum number of offerors normally selected to submit phase-two proposals in a two-phase Design & Build solicitation is?A. 5B. 10C. 3D. Unlimited
TEST YOUR KNOWLEDGE
3. The maximum number of offerors normally selected to submit phase-two proposals in a two-phase Design & Build solicitation is?A. 5B. 10C. 3D. Unlimited
TEST YOUR KNOWLEDGE
4. In its simplest form, this is an inventory system in which a replenishment order is issued each time a withdrawal is made, and the quantity is equal to the amount of the withdrawal?A. Base-Inventory SystemB. Base-Leveling SystemC. Base-Stock SystemD. Base-Supply System
TEST YOUR KNOWLEDGE
4. In its simplest form, this is an inventory system in which a replenishment order is issued each time a withdrawal is made, and the quantity is equal to the amount of the withdrawal?A. Base-Inventory SystemB. Base-Leveling SystemC. Base-Stock SystemD. Base-Supply System
TEST YOUR KNOWLEDGE
5. The courts and boards have recognized 4 methods for pricing equitable adjustment claims. Which of the following methods is NOT recognized?A. Actual CostsB. Actual DamagesC. Jury VerdictD. Total Cost
TEST YOUR KNOWLEDGE
5. The courts and boards have recognized 4 methods for pricing equitable adjustment claims. Which of the following methods is NOT recognized?A. Actual CostsB. Actual DamagesC. Jury VerdictD. Total Cost
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an example of a competitive acquisition method?A. Imprest FundsB. Purchase AgreementsC. Purchase CardsD. Sealed Bidding
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an example of a competitive acquisition method?A. Imprest FundsB. Purchase AgreementsC. Purchase CardsD. Sealed Bidding
TEST YOUR KNOWLEDGE
7. This is a temporary transfer possession of personal property without a change of ownership for the specific purpose & with the intent that possession will revert to the owner at a later date.A. AssignmentB. BailmentC. ConveyanceD. Temporary Transfer of Property
TEST YOUR KNOWLEDGE
7. This is a temporary transfer possession of personal property without a change of ownership for the specific purpose & with the intent that possession will revert to the owner at a later date.A. AssignmentB. BailmentC. ConveyanceD. Temporary Transfer of Property
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for excusable conditions.A. Acts of GodB. Differing Site ConditionsC. Force MajeureD. Latent Site Conditions
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for excusable conditions.A. Acts of GodB. Differing Site ConditionsC. Force MajeureD. Latent Site Conditions
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire information technology systems in successive, interoperable increments is called:A. Incremental ContractingB. Modular ContractingC. Blanket Purchase AgreementD. Successive System Contracting
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire information technology systems in successive, interoperable increments is called:A. Incremental ContractingB. Modular ContractingC. Blanket Purchase AgreementD. Successive System Contracting
TEST YOUR KNOWLEDGE
10. Which of the following is an advantage tousing a FFP contract?A. Fair & Reasonable price can be established at
outsetB. It places 100% of the financial risk on the sellerC. Price is not subject to adjustment regardless of
seller performanceD. It’s the preferred contract type for the Agency, it
reduces amount of resources required, & establishes a ceiling price on the onset.
TEST YOUR KNOWLEDGE
10. Which of the following is an advantage tousing a FFP contract?A. Fair & Reasonable price can be established at
outsetB. It places 100% of the financial risk on the sellerC. Price is not subject to adjustment regardless of
seller performanceD. It’s the preferred contract type for the Agency, it
reduces amount of resources required, & establishes a ceiling price on the onset.
TEST YOUR KNOWLEDGE
11. Which of the following is an excusable delay in Government contracting:
A. HurricaneB. TornadoC. Fire D. Power Outage
TEST YOUR KNOWLEDGE
11. Which of the following is an excusable delay in Government contracting:
A. HurricaneB. TornadoC. Fire D. Power Outage
TEST YOUR KNOWLEDGE
12. This document provides evidence of receipt of goods for shipment issued by a person engaged in the business of transporting goods?A. Bill of GoodsB. Bill of LadingC. Bill of MaterialsD. Bill of Sale
TEST YOUR KNOWLEDGE
12. This document provides evidence of receipt of goods for shipment issued by a person engaged in the business of transporting goods?A. Bill of GoodsB. Bill of LadingC. Bill of MaterialsD. Bill of Sale
TEST YOUR KNOWLEDGE
13. This is an intentional failure of a party to enforce a contract requirement, usually done for an act of immediate or future consideration from the other party. It is sometimes referred to as a non-waiver or one-time waiver, but not as a relinquishment of rights:A. EstoppelB. ForbearanceC. FraudD. Rescission
TEST YOUR KNOWLEDGE
13. This is an intentional failure of a party to enforce a contract requirement, usually done for an act of immediate or future consideration from the other party. It is sometimes referred to as a non-waiver or one-time waiver, but not as a relinquishment of rights:A. EstoppelB. ForbearanceC. FraudD. Rescission
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to purchase goods or services or both by the buyer:A. Discharge of ContractB. Termination for ConvenienceC. CancellationD. Change in Requirements
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to purchase goods or services or both by the buyer:A. Discharge of ContractB. Termination for ConvenienceC. CancellationD. Change in Requirements
TEST YOUR KNOWLEDGE
15. A legal phrase used in connection with the construction of written documents to the effect that an ambiguous provision is construed most strongly against the person who selected the language:A. Caveat EmptorB. EstoppelC. Contra ProferntemD. Determination of Intent
TEST YOUR KNOWLEDGE
15. A legal phrase used in connection with the construction of written documents to the effect that an ambiguous provision is construed most strongly against the person who selected the language:A. Caveat EmptorB. EstoppelC. Contra ProferntemD. Determination of Intent
