Which two competencies are primarily concerned with the execution of the contract?

The correct answer focuses on the execution phase of contract management, highlighting competencies that are essential for effectively administering a contract and ensuring quality outcomes.

Administering a contract involves overseeing the execution of all terms and obligations outlined within it. This includes managing interactions between parties and ensuring that deliverables are met according to the contract specifications.

Ensuring quality is crucial because it relates to assessing whether the goods or services provided meet the agreed standards. This may involve quality control measures, regular inspections, and assessments to ensure compliance with the contract terms.

Together, these competencies ensure that a contract is not only executed as planned but also that the outcomes align with the expectations of all parties involved. Other options may address different aspects of contract management, such as modifications, audits, or subcontracts, but they do not focus as directly on the execution process itself.