NCMA CCMA Study Guide Exam (2026) UPDATE
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Terms in this set (114)
The actions of a contract manager to Contract Management
develop solicitations, develop offers,
form contracts, perform contracts,
and close contracts.
The authorized representative or Contract Manager
agent for a contracting party.
A mutually binding legal relationship Contract
obligating the seller to furnish
supplies or services and the buyer to
provide consideration in exchange
for them.
The execution of the terms of a Contract performance
contract.
For contract management, these Guiding Principles
principles apply to all contract
managers in all phases of the
contract life cycle.
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The phases of a contract: pre-award, Contract Life Cycle Phases
award, and post-award.
The areas within a contract life cycle Domains
phase that produce significant
contract management outcomes.
The processes utilized to produce Competencies
the expected contract management
outcomes of the domains. These
processes involve the ability to
perform multiple job tasks, both
simultaneously and sequentially,
while achieving meaningful results.
The tasks performed on a routine Job Tasks
basis by contract managers. Contract
managers systematically process the
job tasks to achieve the expected
results of the competencies.
The process of managing contracts Contract Management
throughout the contract life cycle
while ensuring customer satisfaction.
Negotiations, changes, requirement Contract Manager
interpretations, deliverables, contract
terms and conditions, and risk
management are actions of who?
The contracted party with the Buyer
requirement for goods and/or
services to be fulfilled by one or
more sellers.
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The contracted party tasked with Seller
fulfilling the buyer's requirement for
goods and/or services.
The process by which efforts of all Plan Solicitation
personnel responsible for acquiring
goods or services are coordinated
and integrated through a
comprehensive plan for fulfilling the
customer need in a timely manner at
a reasonable cost.
The process of implementing the Request Offers
solicitation plan by soliciting
responses from sellers in order to
fulfill a customer need.
The process of describing all the Develop Solicitation
elements of the customer
requirements (technical, business,
regulatory, etc.) to the sellers.
The organization's ability to execute Prepare Offer
the sales plan as it assembles an
offer to win business.
The process of Determining Form Contract
reasonable cost and pricing,
Conducting negotiations, Selecting
the source, and Managing
disagreements.
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