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.
B.
C.
D.
Strategic Management
Threat Management
Cost, Schedule, & Performance Management
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.) Destination
D. 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.
B.
C.
D.
5
10
3
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.
B.
C.
D.
Base-Inventory System
Base-Leveling System
Base-Stock System
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.
B.
C.
D.
Actual Costs
Actual Damages
Jury Verdict
Total Cost
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an
example of a competitive acquisition
method?
A.
B.
C.
D.
Imprest Funds
Purchase Agreements
Purchase Cards
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.
B.
C.
D.
Assignment
Bailment
Conveyance
Temporary Transfer of Property
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for
excusable conditions.
A.
B.
C.
D.
Acts of God
Differing Site Conditions
Force Majeure
Latent Site Conditions
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire
information technology systems in
successive, interoperable increments is
called:
A.
B.
C.
D.
Incremental Contracting
Modular Contracting
Blanket Purchase Agreement
Successive System Contracting
TEST YOUR KNOWLEDGE
10. Which of the following is an advantage to
using a FFP contract?
A. Fair & Reasonable price can be established at
outset
B. It places 100% of the financial risk on the seller
C. Price is not subject to adjustment regardless of
seller performance
D. 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.
B.
C.
D.
Hurricane
Tornado
Fire
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.
B.
C.
D.
Bill of Goods
Bill of Lading
Bill of Materials
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.
B.
C.
D.
Estoppel
Forbearance
Fraud
Rescission
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to
purchase goods or services or both by the
buyer:
A.
B.
C.
D.
Discharge of Contract
Termination for Convenience
Cancellation
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.
B.
C.
D.
Caveat Emptor
Estoppel
Contra Proferntem
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.
B.
C.
D.
Strategic Management
Threat Management
Cost, Schedule, & Performance Management
Risk Management
TEST YOUR KNOWLEDGE
1. What is the systematic practice of identifying
& reducing the threats that exist in the
project?
A.
B.
C.
D.
Strategic Management
Threat Management
Cost, Schedule, & Performance Management
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.) Destination
D. 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.) Destination
D. 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.
B.
C.
D.
5
10
3
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.
B.
C.
D.
5
10
3
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.
B.
C.
D.
Base-Inventory System
Base-Leveling System
Base-Stock System
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.
B.
C.
D.
Base-Inventory System
Base-Leveling System
Base-Stock System
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.
B.
C.
D.
Actual Costs
Actual Damages
Jury Verdict
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.
B.
C.
D.
Actual Costs
Actual Damages
Jury Verdict
Total Cost
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an
example of a competitive acquisition
method?
A.
B.
C.
D.
Imprest Funds
Purchase Agreements
Purchase Cards
Sealed Bidding
TEST YOUR KNOWLEDGE
6. Which of the following methods is NOT an
example of a competitive acquisition
method?
A.
B.
C.
D.
Imprest Funds
Purchase Agreements
Purchase Cards
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.
B.
C.
D.
Assignment
Bailment
Conveyance
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.
B.
C.
D.
Assignment
Bailment
Conveyance
Temporary Transfer of Property
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for
excusable conditions.
A.
B.
C.
D.
Acts of God
Differing Site Conditions
Force Majeure
Latent Site Conditions
TEST YOUR KNOWLEDGE
8. This clause permits non-performance for
excusable conditions.
A.
B.
C.
D.
Acts of God
Differing Site Conditions
Force Majeure
Latent Site Conditions
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire
information technology systems in
successive, interoperable increments is
called:
A.
B.
C.
D.
Incremental Contracting
Modular Contracting
Blanket Purchase Agreement
Successive System Contracting
TEST YOUR KNOWLEDGE
9. Using one or more contracts to acquire
information technology systems in
successive, interoperable increments is
called:
A.
B.
C.
D.
Incremental Contracting
Modular Contracting
Blanket Purchase Agreement
Successive System Contracting
TEST YOUR KNOWLEDGE
10. Which of the following is an advantage to
using a FFP contract?
A. Fair & Reasonable price can be established at
outset
B. It places 100% of the financial risk on the seller
C. Price is not subject to adjustment regardless of
seller performance
D. 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 to
using a FFP contract?
A. Fair & Reasonable price can be established at
outset
B. It places 100% of the financial risk on the seller
C. Price is not subject to adjustment regardless of
seller performance
D. 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.
B.
C.
D.
Hurricane
Tornado
Fire
Power Outage
TEST YOUR KNOWLEDGE
11. Which of the following is an excusable delay
in Government contracting:
A.
B.
C.
D.
Hurricane
Tornado
Fire
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.
B.
C.
D.
Bill of Goods
Bill of Lading
Bill of Materials
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.
B.
C.
D.
Bill of Goods
Bill of Lading
Bill of Materials
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.
B.
C.
D.
Estoppel
Forbearance
Fraud
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.
B.
C.
D.
Estoppel
Forbearance
Fraud
Rescission
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to
purchase goods or services or both by the
buyer:
A.
B.
C.
D.
Discharge of Contract
Termination for Convenience
Cancellation
Change in Requirements
TEST YOUR KNOWLEDGE
14. The withdrawal of a requirement to
purchase goods or services or both by the
buyer:
A.
B.
C.
D.
Discharge of Contract
Termination for Convenience
Cancellation
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.
B.
C.
D.
Caveat Emptor
Estoppel
Contra Proferntem
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.
B.
C.
D.
Caveat Emptor
Estoppel
Contra Proferntem
Determination of Intent