Online Access Free CPCM Exam Questions

The range between the extremes of an optimistic and pessimistic prediction about future costs is called range of:

• A.Limit costs
• B.Possible costs
• C.Scope costs
• D.Final costs

A pre-contract agreement that merely communicates any agreed-to terms and conditions that will apply when an order is placed by the buyer is known as:

• A.Universal agreement
• B.Fixed agreement
• C.Macro agreement
• D.Approved agreement

The voluntary and unilateral relinquishment by some act or conduct of a person of a right that he or she has is known as:

• A.Actual authority
• B.Executory
• C.Apparent authority
• D.Waiver

An international failure of a party to enforce a contract requirement, usually done for an act of immediate or future consideration from the other party is called:

• A.Jurisdiction
• B.Forbearance
• C.Performance
• D.Patrol Evidence

Which of the following has the fundamental purpose to motivate desired performance in one or more specific areas?

• A.Objective incentive
• B.Contract penalties
• C.Contract incentive
• D.Contract pricing