CMBOK Training CMS – P1 1 123456789101112131415 Welcome, ! You’re about to begin the CMBOK Training CMS – P1 quiz, which contains 15 questions.You will have 15 minutes to complete it, so make sure you’re ready! Best of luck — give it your best shot! ⏱️ Time’s up, !The CMBOK Training CMS – P1 quiz has ended.Your responses have been submitted automatically. Thank you for participating — we hope you did your best! Created by aboozarkordi CMBOK Training CMS – P1 1 / 15 1. In the definition of a “contract manager,” which role is emphasized the most? A) The professional representative of a contracting party B) A purely legal specialist C) The end customer D) A finance officer A contract manager is the professional representative responsible for planning, executing, and/or monitoring the management of contracts. 2 / 15 2. Which of the following is one of the essential elements required for a valid contract? A) Intention to create a legal relationship B) Competition C) Market research D) Insurance The four essential elements are: offer, acceptance, consideration, and intention to create a legal relationship. 3 / 15 3. A seller prepares its execution plan, evaluates risks, and identifies pricing strategy before submitting their final offer. What process is this? A) Prepare Offer B) Prepare for Negotiation C) Award Contract D) Plan Buying Strategy These activities match 2.2.2 Prepare Offer, part of the seller’s Pre-Award actions. 4 / 15 4. A buyer formally selects the successful seller, documents the basis for award, and issues the contract. Which process does this belong to? A) Close Contract B) Plan Buying Strategy C) Fulfill Contract D) Award Contract These actions are specifically part of 3.1.4 Award Contract. 5 / 15 5. Which of the following is considered a “general feature” of a contract? A) Termination B) Warranty C) Governing law D) Delivery of goods General features include concepts such as governing law, authority, fair and reasonable pricing, and ethics. 6 / 15 6. A contract manager monitors funding, tracks performance reports, manages key personnel changes, and updates the risk register during contract execution. What process is this? A) Fulfill Contract B) Close Contract C) Govern Contract D) Evaluate Offer These are core tasks in 4.1.1 Fulfill Contract (Post-Award). 7 / 15 7. A buyer issues clarifications to an offeror, conducts deficiency analysis, and evaluates risk management strategies of each proposal. Which lifecycle phase is this? A) Evaluate Offer B) Conduct Negotiations C) Ensure Quality D) Request Offers All these tasks belong to 3.1.1 Evaluate Offer (Award). 8 / 15 8. A contract manager performs subcontract audits, handles flow-down clause issues, and ensures subcontractor compliance. In which process does this scenario occur? A) Plan Selling Strategy B) Terminate Contract C) Manage Subcontracts D) Fulfill Contract These are tasks under 4.1.3 Manage Subcontracts. 9 / 15 9. A negotiation team agrees to document changes to the offer, finalizes the negotiation plan, and prepares BATNA strategies. Which process step is being executed? A) Terminate Contract B) Request Offers C) Conduct Negotiations D) Govern Contract Negotiation planning and documentation are part of 3.1.3 Conduct Negotiations (Award). 10 / 15 10. The project is nearly complete. The contract manager verifies delivery, resolves final disputes, closes out subcontracts, settles payments, and compiles lessons learned. What process is this? A) Govern Contract B) Ensure Quality C) Close Contract D) Award Contract These are part of 4.2.2 Close Contract (Post-Award). 11 / 15 11. A seller develops its internal cross-functional team to respond to a buyer’s request and secures a pre-sales budget. Which process is being executed? A) Prepare Offer B) Plan Selling Strategy C) Manage Subcontracts D) Conduct Negotiations Forming internal teams and securing pre-sales budget occur in 2.2.1 Plan Selling Strategy (Pre-Award). 12 / 15 12. Which option best defines “contract performance”? A) Performance of obligations according to contract terms B) Pre-award negotiation C) General conditions execution D) Delivery of goods Contract performance means the execution of obligations according to the contract’s terms and conditions. 13 / 15 13. A buyer identifies gaps in the supplier market, analyzes product availability, and assesses industry trends before drafting requirements. In which process does this scenario occur? A) Fulfill Contract B) Evaluate Offer C) Plan Buying Strategy D) Terminate Contract These activities are part of Conduct market research, which belongs to 2.1.1 Plan Buying Strategy (Pre-Award). 14 / 15 14. Which option best describes the difference between the “contract management discipline” and the “contract management profession”? A) The discipline is broader than the profession B) They have the same meaning C) The profession applies only to the private sector D) The profession is broader than the discipline The discipline is a broader field consisting of multiple related professions, while the profession refers specifically to the job role of a contract manager. 15 / 15 15. A team performs inspections, measures contract compliance, resolves quality issues, and prepares for formal acceptance. Which process is being used? A) Prepare for Negotiations B) Fulfill Contract C) Request Offers D) Ensure Quality These belong to 4.1.2 Ensure Quality (Post-Award). Your score is LinkedIn Facebook Twitter VKontakte Restart quiz
