CPCM Online Practice Questions and Answers

The point at which sharing changes to 0/100 is called the , which represents a cost figure.

A. Point of configuration

B. Point of total assumption

C. Pattern point

D. Prototype point

Which of the following is NOT the opportunity analysis factor from the seller's perspective?

A. Future business potential

B. Provide added experience and/or new skills

C. Technology and product maturity

D. Resource utilization

Which of the following is NOT the step of managing expectations process?

A. Ask

B. Agree

C. Align

D. Fulfill

Which of the following is NOT the phase of Contract Management Process?

A. Pre-award

B. Per-process-award

C. Award

D. Post-award

A is a phrase that either activates or suspends a term in a contract.

A. Law

B. Statement

C. Condition

D. Standard

A condition that activates a term is called a condition subsequent and the one that suspends a term is called a condition precedent.

A. True

B. False

A legal connection or relationship that exists between the contracting parties is known as:

A. Contract plaintiff

B. Contract privity

C. Bilateral Contract

D. Civil contract

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

A. True

B. False

is a model law developed to standardize commercial contracting law among the states.

A. Uniform Commercial Code

B. Commercial Credit Act

C. Commercial Code Form

D. Uniform Code of Conduct

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

A. Bidder's conferences

B. seller's conferences

C. procurement conferences

D. Agenda