Ultimately, the use of open systems design is expected to result in lower life cycle costs

Answer:
  • True

Which one of the formats reports time-phased budgets that are displayed showing current period, cumulative value to date, the next six months, and five additional specified periods which take the contract to completion?

Answer:
  • Format 3

For each task, match it with the appropriate step in developing a Performance Measurement Baseline (PMB).

Answer:
  • Step 1: Define and scope the work
  • Step 2: Schedule the work
  • Step 3: Budget the work

Many up front modifications to a commercial or non-developmental item would normally suggest that logistics support be provided by the _________.

Answer:
  • Government
Wrong Answer:
  • Contractor

The capability of a system design to support operations and readiness at an affordable cost throughout the system's life is best described as __________.

 Answer:
  • Supportability
Wrong Answers:
  • Producibility
  • Maintainability
  • Reliability

Engineering expenses attributable solely to a contract are an example of _________.

Wrong Answer:
  • General and administrative (G&A) costs
Potential Answers:
  • Indirect labor costs
  • Direct labor costs
  • Soft money costs

The Systems Engineering Process primarily is used by acquisition management to manage technical risk, but it can also reduce program cost and schedule risk.

Answer:
  • True

Reclamas should avoid________ and focus on the _________.

Answer:
  • Emotionalism, facts
Wrong Answers:
  • Controversy, POM guidance
  • User needs, CAIV objectives
  • Dollar amounts, budget documents

For a contract cost to be considered "allowable," it must meet certain criteria. If the cost does not exceed what a business person would be willing to pay in a competitive environment, which one of the following criteria is met?

Answer:
  • Unknown
Wrong Answers:
  • Consistent with the terms of the contract
  • Allocable
  • Consistent with Cost Accounting Standards
  • Reasonable

The measure of a system's ability to operate without additional logistics support is __________.

Answer:
  • Logistics reliability
Wrong Answers:
  • Operational reliability
  • Operational maintainability
  • Mission reliability

The _____________________ makes adjustments to the Services budget submission to OSD.


Answer:
  • Program Budget Decision (PBD)
Wrong Answers:
  • Program Element (PE)
  • Budget Estimate Submission (BES)
  • Future Years Defense Program (FYDP)

When do the OSD Comptroller analyst and OMB analyst jointly review the BES?

Answer:
  • October to early December
Wrong Answers:
  • Once quarterly throughout the year
  • April to early December
  • Each year during July-to early September

What design consideration facilitates the manufacture of an item and reduces assembly error, material waste, and labor time?

Answer:
  • Producibility
Wrong Answers:
  • Interoperability
  • Availability
  • Reliability

The __________ shows the financial condition of the firm at a point in time expressed as assets and liabilities.

Answer:
  • Balance Sheet
Wrong Answers:
  • Statement of Retained Earnings
  • Statement of cash Flows
  • Income Statement

What form of information exchange would a Contracting Officer use to reach agreement with an offeror over the terms of a contract?

Answer:
  • Negotiation
Wrong Answers:
  • Discussion
  • Communication
  • Clarification

Which of the following supportability analysis tools relies on scheduled maintenance to spot a failure before it impacts system effectiveness?

Answer:
  • Reliability Centered Maintenance (RCM)
Wrong Answers:
  • Failure Modes, Effects and Criticality Analysis (FMECA)
  • Repair Level Analysis (RLA)
  • Test, Analyze, Fix and Test (TAFT)

One of the primary advantages of international cooperative development includes:

Answer:
  • Reduced cost
Wrong Answers:
  • Foreign dependency
  • Increased administrative requirements
  • Improved currency exchange

An operationally meaningful, time critical, and cost effective increment in capability above the threshold value for performance is the ___________.

Answer:
  • Objective value
Wrong Answers:
  • CAIV adjustment
  • Ultimate program goal
  • Key Performance Parameter (KPP)

Contracts greater than $100,000 are reserved for small business.

Answer:
  • False

Tracking the performance of risk-handling actions against established metrics is involved in which step of the risk management model?

Answer:
  • Risk monitoring
Wrong Answers:
  • Riskplanning
  • Risk handling
  • Risk assessment

The National Environment Policy Act (NEPA) can affect defense acquisition program managers because:

Answer:
  • NEPA requires environmental impacts to be considered in the decision making process for acquisition programs
Wrong Answers:
  • Deputy Secretary of DefenseViolators of the NEPA process are subject to fines and prison sentences
  • NEPA requires environmental impacts to be completely eliminated before approval will be granted for an acquisition program
  • NEPA requires program managers to take remedial action to restore the environment before they can initiate a new acquisition program

When financial managers adjust for cost inflation in programming and budgeting, they usually:

Answer:
  • Prepare initial estimates in base-year (constant) dollars and escalate costs into then-year (current) dollars
Wrong Answers:
  • Refer to Federal Reserve Board guidelines on outlay rates and income flows
  • Expect investment appropriations, such as Procurement and RDTE, to have quick outlay rates
  • Revise their POM submission based on the Program Budget Decision (PBD) released by the Deputy Secretary of Defense

Which of the following are "Best Practices" that may be appropriate for software intensive programs? (Select all that apply)

Possible Answers (Please comment if you have the answer, Thank You):
  • Consider the risks of reusing existing software
  • Use metrics to manage and monitor risk
  • To speed development, only test software at completion
  • Generate new code whenever possible

Small business set-asides require the expectation that at least three capable small disadvantaged businesses will submit offers.

Answer:
  • False (As per Dawn: Actually, the answer is false. They only expect two (or more) offers.  Thanks so much for your support Dawn.

Responsibility for awarding the contract and any modifications for government contracts rests with the _______.

Answer:
  • Contracting Officer
Wrong Answers:
  • Program Manager
  • Head of the Contracting Agency
  • Defense Contract Audit Agency

Who would certify the interoperability performance of a command and control system used by both the Army and the Navy?

Answer:
  • Joint Interoperability Test Command (JITC)
Wrong Answers:
  • Joint Staff, J-8
  • Army Test and Evaluation Command (ATEC) and Navy Operational Test and Evaluation Activity (OPTEVFOR)
  • Joint Requirement Oversight Council (JROC)