ACQ EXAM 1 QUESTIONS AND
ANSWERS ALL CORRECT
What are 2 reasons to initiate new technology - Answer- Take advantage of new
technology react to an actual or potential threat
Integrated Product and Process Development Integrated Product and Process
Development (IPPD) is - Answer- is a management approach that integrates all
activities from product concept through production/deployment and support (Womb to
Tomb)
Requirements Management Three Key Functions - Answer- Maintain the traceability of
all requirements from capability needs through design and test
Document all changes to those requirements
Record the rationale for those changes
Technical Assessment Process activities measure - Answer- technical progress and the
effectiveness of plans and requirements.
Three decision making approaches - Answer- Formal Decision-Making
Informal Decision- Making
Judgmental Decision-Making
Tools to assist with managing technical risk: - Answer- Modeling and simulation
WBS
Technical Performance Measurements (TPMs)
Risk management includes these key elements: - Answer- Risk Identification
Risk Analysis
Risk Mitigation Planning
Risk Mitigation Plan Implementation
Risk Tracking
Which phase is LRIP in - Answer- 4 production and deployment
Risks have three components: - Answer- a future root cause,
a probability or likelihood of that future root cause occurring,
the consequences (or effect) of that future occurrence.
, Risk Statements use - Answer- (If/Then)
Risk Analysis refines - Answer- each risk in terms of its:
Likelihood
Consequence
Relationship to other risk area or processes
Assign risk level or rating
One or more of the following mitigation options may apply - Answer- Avoiding risk by
eliminating the root cause and/or the consequences
Controlling the cause or consequence
Transferring the risk
Assuming the level of risk and continuing on the current program plan
Risk Mitigation Planning
Transferring - Answer- : Transferring risk involves re-allocating the risk from one part of
the system to another or redistributing risks between the government and the prime
contractor
o and M is what perecent of cost - Answer- (50% - 70%):
The Parametric method - Answer- sometimes known as the Statistical method:
Generates an cost estimate based on system performance or design characteristics
Uses a database of elements from similar systems
The Engineering cost method - Answer- or "bottoms-up method" of cost analysis, is the
most detailed of all the techniques, and the most costly to implement.
Starting at the lowest level of definable work within the Work Breakdown Structure
(WBS), estimates are calculated for:
Direct Labor Hours using company and general industry standards
Raw materials and purchase part requirements
This process continues until all WBS elements are costed.
Software Costs methods - Answer- Top-down
Delphi (Expert Judgment Method)
Learning Curve - Answer- The unit theory of the learning curve states that as the
quantity of a product produced doubles, the recurring cost per unit decreases at a fixed
rate or constant percentage. The best way to understand this theory is to look at the
following example.
What is the last activity in the Life Cylcle process - Answer- Disposal
What are the responsibilities of the DACM - Answer- 1. Establish and monitor training
requirements and DAWIA compliance 2. Certifies Dawia standards have been met
ANSWERS ALL CORRECT
What are 2 reasons to initiate new technology - Answer- Take advantage of new
technology react to an actual or potential threat
Integrated Product and Process Development Integrated Product and Process
Development (IPPD) is - Answer- is a management approach that integrates all
activities from product concept through production/deployment and support (Womb to
Tomb)
Requirements Management Three Key Functions - Answer- Maintain the traceability of
all requirements from capability needs through design and test
Document all changes to those requirements
Record the rationale for those changes
Technical Assessment Process activities measure - Answer- technical progress and the
effectiveness of plans and requirements.
Three decision making approaches - Answer- Formal Decision-Making
Informal Decision- Making
Judgmental Decision-Making
Tools to assist with managing technical risk: - Answer- Modeling and simulation
WBS
Technical Performance Measurements (TPMs)
Risk management includes these key elements: - Answer- Risk Identification
Risk Analysis
Risk Mitigation Planning
Risk Mitigation Plan Implementation
Risk Tracking
Which phase is LRIP in - Answer- 4 production and deployment
Risks have three components: - Answer- a future root cause,
a probability or likelihood of that future root cause occurring,
the consequences (or effect) of that future occurrence.
, Risk Statements use - Answer- (If/Then)
Risk Analysis refines - Answer- each risk in terms of its:
Likelihood
Consequence
Relationship to other risk area or processes
Assign risk level or rating
One or more of the following mitigation options may apply - Answer- Avoiding risk by
eliminating the root cause and/or the consequences
Controlling the cause or consequence
Transferring the risk
Assuming the level of risk and continuing on the current program plan
Risk Mitigation Planning
Transferring - Answer- : Transferring risk involves re-allocating the risk from one part of
the system to another or redistributing risks between the government and the prime
contractor
o and M is what perecent of cost - Answer- (50% - 70%):
The Parametric method - Answer- sometimes known as the Statistical method:
Generates an cost estimate based on system performance or design characteristics
Uses a database of elements from similar systems
The Engineering cost method - Answer- or "bottoms-up method" of cost analysis, is the
most detailed of all the techniques, and the most costly to implement.
Starting at the lowest level of definable work within the Work Breakdown Structure
(WBS), estimates are calculated for:
Direct Labor Hours using company and general industry standards
Raw materials and purchase part requirements
This process continues until all WBS elements are costed.
Software Costs methods - Answer- Top-down
Delphi (Expert Judgment Method)
Learning Curve - Answer- The unit theory of the learning curve states that as the
quantity of a product produced doubles, the recurring cost per unit decreases at a fixed
rate or constant percentage. The best way to understand this theory is to look at the
following example.
What is the last activity in the Life Cylcle process - Answer- Disposal
What are the responsibilities of the DACM - Answer- 1. Establish and monitor training
requirements and DAWIA compliance 2. Certifies Dawia standards have been met
