[Oct 16, 2026] NCMA CPCM Exam Dumps Are Essential To Get Good Marks [Q45-Q60]

QUESTION 45
What is a necessary element in common law to form an enforceable contract?

QUESTION 46
What type of competition exists when many small companies produce identical goods/services and no one company can influence the market?

QUESTION 47
Competitive analysis, comparative analysis, and market data are indicators of reasonableness in _________
_.

QUESTION 48
Contract management means the actions of a contract manager to _________.

QUESTION 49
__________ is a formal or informal tool focused on the enhancement of processes to increase customer satisfaction.

QUESTION 50
When the buyer has a requirement for items or services and has entered into a contract with a seller to fulfill this requirement, but elects to satisfy the requirement from a different source, the buyer __________.

QUESTION 51
Using a competitive source selection process tends to __________.

QUESTION 52
A critical aspect in the success of performance-based incentive contracting is called:

QUESTION 53
Allowable costs of contract performance are reimbursed, but not fee is paid is the advantage of cost reimbursement contract type.

QUESTION 54
What comprises the body of those principles and rules of action that derive their authority not from legislative enactments but from usages and customs or from judgments?

QUESTION 55
The Project Management Body of Knowledge (PMBOK) is considered by some to be the world’s which standard for project management knowledge and practices in today’s global marketplace?

QUESTION 56
An __________ contract is one in which the contract terms are stated in either written or spoken words and are assented to by both parties.

QUESTION 57
Which of the following is the key policy of contract administration?

QUESTION 58
To reach a consensus, the evaluation team should evaluate proposals __________.

QUESTION 59
A contract Management Maturity Model has how many levels in total?

QUESTION 60
__________ is the process of ensuring all performance has been accomplished, final contractor performance has been evaluated, final payment has been made, and the contract has been reconciled.