Dec 12

CCCM Exam Study Guide & Practice Questions 2018/19

CCCM Contract Management Exam Study Guide & Practice Questions 2018/19 

In the new CCCM exam syllabus, General Business Knowledge is no longer tested. HOWERVER, taking into account the fact that knowledge on the general business environment would help a lot in your exam study effort (even though the GB module is no longer required), GB related materials are retained in this study guide.

The focus of the exam is more on the UCC Articles 1, 2 and 2a and some general commercial contracting elements. If you are new to contract management, use this study guide TOGETHER WITH other sources of information to prepare for the exam. The exam is easy only if you are experienced in contract management. If you are not, then lots of readings would have to be done.

As of the time of this writing, CCCM is in a format of 150 questions per exam. The 110 question format is no longer in use. In this study product we have both contracting-specific and business knowledge sections. We label those business knowledge sections as “General Business Knowledge” sections. These sections have information that is not on the technical aspect of contracting but is still relevant for day-to-day contract admin works.

Order link: https://www.amazon.com/dp/1984398466

 

 

Table of Contents

INTELLECTUAL PROPERTIES, TRADEMARKS AND COPYRIGHTS 1
CONTENTS UPDATE 2
PAGE FORMATTING AND TYPEFACE 2
EXAM TOPICS COVERED IN THIS BOOK 2
PRACTICE QUESTIONS 3
OVERVIEW 6
DEFINITIONS … 6
CONTRACT FORM 8
PURCHASING ORGANIZATION, CONTRACTOR AND EMPLOYEE 9
PRE-AWARD ACTIVITIES VS POST-AWARD ACTIVITIES 10
ACQUISITION PLANNING 11
OVERVIEW 11
REQUIREMENTS AND CONSIDERATIONS 11
SUPPLIER PRE-QUALIFICATION 12
SOURCE SELECTION PLAN 13
OTHER TOOLS AND METHODS FOR PROCUREMENT 14
RFP IN–DEPTH 16
COMMON PROCEDURES FOR PLACING ORDERS 19
A TYPICAL TENDERING AND BID EVALUATION PROCESS 21
MANAGING BUSINESS CONTRACT 23
THE MOST POPULAR FIXED PRICE CONTRACT TYPES 23
THE MOST POPULAR COST CONTRACT TYPES 24
OTHER POPULAR CONTRACT TYPES 24
CONTRACT NEGOTIATION 25
CONTRACT MANAGEMENT AND ADMINISTRATION 27
SPECIFICATIONS 30
DELIVERY OR PERFORMANCE SCHEDULE REQUIREMENTS 31
CONTRACT COMPENSATION AND FINANCING 32
LIQUIDATED DAMAGES AND PARENT COMPANY GUARANTEES 33
LONG STOP DATES, COMPENSATION EVENTS AND RELIEF EVENTS 34
CONTRACT MONITORING, SPECIAL CHANGES AND ACCEPTABLE PERFORMANCE 35
CONCERN ON SUBCONTRACTING AND THE STEP IN RIGHTS 37
CONTRACT CLOSEOUT 38
THE NCMA CODE OF ETHICS 39
MORAL TURPITUDE 39
ANTI-TRUST 40
BUSINESS CONTRACT LEGAL ELEMENTS 42
OVERVIEW 42
CONTRACT LANGUAGE, SIGNATURES AND FORMS 43
CAPACITY AND INSANITY 43
LEGAL AUTHORITY 44
SOURCE OF LAW AND JURISDICTION 44
OFFER, ACCEPTANCE, AND INVITATION TO TREAT 47
CONSIDERATION 49
DISCHARGING OR INVALIDATING A CONTRACT 50
CONTRACTUAL MISTAKES 52
CONTRACT INTERPRETATION 53
BREACH OF CONTRACT AND POSSIBLE DEFENSES 54
DAMAGE RECOVERY 55
MEASURING DAMAGES 56
VOID CONTRACT, VOIDABLE CONTRACT, AND UNENFORCEABLE CONTRACT 58
MISREPRESENTATION AND MISTAKE OF FACTS 58
SETTING THE ORDER OF PRECEDENCE 59
ENTIRE AGREEMENT 59
CONTRACT EXHIBITS 60
TIME CLAUSE 60
REWARDS 60
INCORRECT PAYMENTS 61
INSPECTION AND ACCEPTANCE 61
CHANGE ORDER PROCEDURES 62
EXPLICITLY SPELLED OUT REMEDIES 62
TERMINATION FOR DEFAULT/CAUSE 63
SATISFACTION CLAUSE 64
OTHER CLAUSES 65
AGENCY RELATIONSHIP IN THE CONTEXT OF LAW 66
ADR 68
WHY DOES UCC MATTER? 69
SOME IMPORTANT PROVISIONS OF THE UCC ARTICLE 1 70
SOME IMPORTANT PROVISIONS OF THE UCC ARTICLE 2 AND 2A 72
GOOD FAITH …. 78
SPECIAL READING – IMPLICATIONS OF THE LATEST CASE LAW 79
GENERAL BUSINESS KNOWLEDGE AND SKILLS 81
ECONOMICS 81
MONETARY POLICY AND FISCAL POLICY 85
ECONOMIC GROWTH, INFLATION AND CPI 85
BALANCE OF PAYMENTS AND BALANCE OF TRADE 86
MONEY SUPPLIES, EXCHANGE RATE AND CURRENCY VALUATION 87
FOREIGN EXCHANGE 88
ECONOMIC INDICATORS 88
BASIC ACCOUNTING PRINCIPLES 89
BASIC ACCOUNTING PRACTICES 91
DEPRECIATION AND VALUATION 94
BASIC MANAGEMENT PRINCIPLES 95
ORGANIZATION SPAN OF MANAGEMENT AND MANAGEMENT CONTROL 99
BASIC OB MODELS AND THEORIES 100
ORGANIZATIONAL STRUCTURE AND DEVELOPMENT 102
SWOT, MBO AND MBE 104
GROUP MANAGEMENT 105
TRANSNATIONAL ORGANIZATION 106
CULTURAL ADAPTABILITY AND GLOBAL MINDSET 109
CULTURAL CONSIDERATIONS 110
BASIC CHANGE MANAGEMENT 111
BASIC STRATEGIC PLANNING 112
LEVELS OF STRATEGY FORMULATION 114
US BUSINESS ENVIRONMENT AND REGULATORY REQUIREMENTS 114
BASIC BUDGETING 118
OTHER COSTING ACTIVITIES AND METHODS 119
PERFORMANCE MEASUREMENT, ROI AND BENCHMARKING 122
INFORMATION MANAGEMENT 123
COMMUNICATION MANAGEMENT 124
BUSINESS NEGOTIATION 126
MANAGING CUSTOMERS 127
BASIC MARKETING 128
SERVICE CHAIN MANAGEMENT 130
THE SALES PROCESS 130
MANAGING QUALITY 131
BUSINESS PROCESS REENGINEERING 133
LEADERSHIP 134
CORPORATE STRUCTURE AND GOVERNANCE 135
TYPES OF BUSINESS ORGANIZATION 137
AGENCY THEORY 140
BUSINESS ETHICS 140
SOCIAL RESPONSIBILITY 141
RECORDS MANAGEMENT 142
THE GENERAL PRINCIPLES CONCERNING PRIVACY 143
MANAGING TIME 144
MANAGING KNOWLEDGE 145
MEASURING BUSINESS PERFORMANCE 147
STAFFING 150
RISK MANAGEMENT 153
ASSESSING THREATS 154
BCP, DRP AND COOP 154
PRACTICE QUESTIONS 156
If you have passed the exam, this fashion item may be right for you:

 

 

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