CPCM Online Practice Questions and Answers

Which of the following shows the designated performance area in the subjectively-based and evaluated incentives?

A. Award fees

B. Other special incentives

C. Both A and B

D. Neither A nor B

Time and Material contracts typically involve higher levels of risks for sellers.

A. True

B. False

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

A. goal oriented

B. coordinated undertaking of related activities

C. finite duration

D. All of the above

Buyers may request bids, quotes, tenders or proposals orally, in writing, or electronically through procurement documents generally called:

A. Solicitations

B. Screening system

C. Evacuators

D. Legislation

Executory contracts are those contracts that are formed at one time and performed later.

A. True

B. False

The attributes used to determine the product or service quality and procedural effectiveness, these attributes are called:

A. Decision making criteria

B. Attributed criteria

C. Management criteria

D. Technical criteria

Fixed weights are established only after determining the raw scores.

A. True

B. False

Prepare facility, use an agenda, document the agreement or know when to walk away are all activities of which phase of Contract Negotiation process?

A. Conducting

B. Documenting

C. Marketing

D. Walkthroughs

What describes the seller's reasons for its decision on whether to bid on a particular project?

A. Bid proposal

B. Opportunity assessment

C. Justification document

D. Solicitation

The shorter the time allowed developing a , the higher the risk.

A. contract

B. weight factor

C. response

D. solution