CPCM Contract Performance and Administration

Question 1

Which document is the primary tool a Contracting Officer's Representative (COR) uses to monitor contractor performance?

Accepted Answer

Quality Assurance Surveillance Plan (QASP)

Answer

The QASP defines how the COR will inspect, evaluate, and document contractor performance against the standards in the contract.

Question 2

Earned Value Management (EVM) integrates which three project baselines?

Accepted Answer

Cost, schedule, and technical performance

Answer

EVM measures project health by comparing planned value (schedule), earned value (work accomplished), and actual cost to detect variances early.

Question 3

A Schedule Performance Index (SPI) of 0.85 indicates the project is:

Accepted Answer

Behind schedule

Answer

An SPI below 1.0 means the project is accomplishing less work than planned — an SPI of 0.85 means only 85% of scheduled work has been completed.

Question 4

Which type of invoice review ensures that billed costs are allowable, allocable, and reasonable?

Accepted Answer

Cost voucher audit

Answer

A cost voucher audit verifies that invoiced costs comply with FAR cost principles — allowable, allocable, and reasonable — before payment is authorized.

Question 5

Under FAR, the government must pay a proper invoice within how many days to avoid late payment interest?

Accepted Answer

30 days

Answer

The Prompt Payment Act requires federal agencies to pay proper invoices within 30 days or face interest penalties under the Treasury rate.

CPCM Exam Practice Test

CPCM Exam Practice Test

CPCM Contract Performance and Administration