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QUESTION NO: 1
The contract negotiation process has which of the phases?
A. Documenting
B. Conducting
C. Planning
D. All of the above
Answer: D
QUESTION NO: 2
An evolutionary roadmap for implementing the vital practices for one or more domains of organizational processes is called:
A. Capability Maturity Model
B. People Capability Maturity Model
C. Organizational Contract Management
D. Project Management Model
Answer: A
QUESTION NO: 3
Which of the following shows the designated performance area in the subjectively-based and evaluated incentives?
A. Other special incentives
B. Award fees
C. Neither A nor B
D. Both A & B
Answer: D
QUESTION NO: 4
What is used to process the information about potential sources?
A. Independent system
B. Multiple attributes system
C. Screening system
D. Weighting system
Answer: C
QUESTION NO: 5
The process of ensuring compliance with contractual terms and conditions during contract performance and up to contract closeout or termination is known as:
A. Contract Formation
B. Contract Summary
C. Contract negotiation
D. Contract administration
Answer: D
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Updated: May 24, 2022