CERT MAGIC
Demo Edition
Certified Professional Contracts Manager (CPCM)
Exam: CPCM
CPCM
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QUESTION: 1
The solicitation specifications and statement of work contain:
A. Administrative requirements
B. Technical requirements
C. Company policy
D. Pricing contracts
Answer: B
QUESTION: 2
The range between the extremes of an optimistic and pessimistic prediction about future
costs is called range of:
A. Possible costs
B. Final costs
C. Scope costs
D. Limit costs
Answer: A
QUESTION: 3
The risk avoiding buyer wants to minimize the risk of agreeing to a higher price than
necessary to cover the buyer’s costs plus a reasonable profit.
A. True
B. False
Answer: B
QUESTION: 4
Who avoid the risk of agreeing to the price that may not cover its actual performance
costs or allow a reasonable profit?
A. Risk avoiding buyer
B. Business professional
C. Risk avoiding seller
D. Technical personnel
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Answer: C
QUESTION: 5
____________ occur when the work has not changed, but it costs more than anticipated.
A. Cost Growth
B. Unpredictable cost
C. Extra cost
D. Cost overruns
Answer: D
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