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Certified Professional Contracts Manager (CPCM) Questions 51–55 (page: 12)

Updated On: 23-Feb-2026

Garrett's contract management model reflecting the seller's activities consist of which of the following phases:

  1. bid/ no-bid decision making
  2. proposal preparation
  3. Contract close-out
  4. All of the above

Answer(s): D



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?

  1. De facto
  2. De jure
  3. Enforcement
  4. None of the above

Answer(s): A



Which of the following is NOT the step in the process for performing the risk and assessment?

  1. select version and complete survey
  2. evaluate performances
  3. evaluate opportunity
  4. Mapping risk to matrix

Answer(s): B



Which of the following is Correct?

  1. In evaluating the risk, the score is calculated by multiplying the raw score by the preestablished weight value.
  2. In evaluating the opportunity, the score is calculated by multiplying the raw score by the post- established weight value.
  3. In evaluating the risk, the score is calculated by dividing the raw score by the postestablished weight value.
  4. In evaluating the risk, the score is calculated by adding the raw score and the preestablished weight value.

Answer(s): A



In evaluating the opportunity, the score is calculated by multiplying the raw score, opportunity factor by:

  1. pre-established weight value
  2. post-established weight value
  3. pre-established matrix value
  4. post-established margin value

Answer(s): A



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