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ACQ 1010 MODULE 1 QUESTIONS WITH CORRECT ANSWERS

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ACQ 1010 MODULE 1 QUESTIONS WITH CORRECT ANSWERS

Institution
ACQ1010
Course
ACQ1010

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Reduce risk by eliminating the risk event or condition by taking an alternate path


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Risk Avoidance




A future root cause, a probability or likelihood of that future root cause occurring, the
consequence or effect of that future root cause if it occurs.


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Identified risks

,During this stage in PPBE, which occurs concurrently with the programming phase,
proposed budgets and programs are reviewed and the Budget Estimate Submission
(BES) is prepared


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Budgeting




Team that focuses on identifying and resolving program issues, determining program
status, and seeking opportunities.


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Working Level IPTs (WIPTs)




Designated individual with overall responsibility for a program which includes the
authority to approve the progress of an acquisition and is held accountable for the
cost, schedule, and performance reporting of the said program. ACAT Level is
determined by the appropriate MDA at the first Milestone (Material Development
Decision (MDD)).


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Milestone Decision Authority (MDA)




A decision support system that is calendar-driven and used for allocating resources
and budgeting.

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Planning, Programming, Budgeting, & Execution System (PPBE)




Reduce risk by reallocating or sharing the risk among entities or processes


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Risk Transfer




ACAT level where Research, Development, Test, and Evaluation (RDT&E) is more than
$200 million and Procurement is more than $920 million in FY 2020. Programs in this
level meet criteria for a Major System.


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ACAT II




Profit and growth, cash flow, market share, stability, and technological achievement


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Defense Industry (Objectives)




This policy, otherwise known as the Major Capability Acquisition Pathway policy
guides the acquisition of major capability acquisition programs, including major

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ACQ1010
Course
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