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QUESTION NO: 1
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: 2
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: 3
The contract negotiation process has which of the phases?
A. Documenting
B. Conducting
C. Planning
D. All of the above
Answer: D

QUESTION NO: 4
Procurement planning, solicitation planning, and source selection are all phases of Garrett's contract management model for:
A. Sellers
B. Buyers
C. Project Resource
D. Vendors
Answer: B

QUESTION NO: 5
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

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Updated: May 24, 2022