CDFM MODULE 2 FINAL EXAM QUESTIONS
WITH DETAILED VERIFIED ANSWERS 100
PERCENT CORRECT ANSWERS ALREADY
GRADED A PLUS
◉ What acquisition process category(s) has an independent cost estimate
performed (by CAPE, in OSD) and prepared to check the accuracy and
objectivity of the estimate? Answer: ACAT 1 & ID
◉ PPBE Planning Phase provides information to who? Answer:
SECDEF
◉ What are the 3 Quantifiable Benefits? Answer: (1) Cost Savings
(2) Cost Avoidance
(3) Productivity Improvement
◉ Who/Where are Integrated Priority Lists submitted to? Answer: (1)
SECDEF
(2) Chairmain of Joint Chiefs of Staff and
(3) Military Department
,◉ Chairman of the Joint Chiefs of Staff is the principal military advisor
to? Answer: (1) The President
(2) The national Security Council and
(3) The SECDEF
◉ What are the 8 steps to the Economic Analysis? Answer: Objective,
assumptions, constrains, alternatives, cost & benefits, compare
alternatives risk analysis, report results
◉ What is the Percentage Changes Formula? Answer: (New#)-(Old#)
divided by (Old#) x100
◉ What is the Unit Cost Calculation? Answer: (Unit #) x (Learning
Curve %)
◉ Correlation Coefficient ranges from ? Answer: 0 to 1
0 = no correlation, 1= perfect correlation
◉ The QDR (strategic plan) is published by ? Answer:
SECDEF
◉ What process sets realistic but aggressive cost objectives early in
acquisition program, performs cost performance analyses before
operational requirements are finalized, and empowers the user to make
,effective choices by establishing trade-offs up front? Answer: Cost as an
independent Variable (CAIV)
◉ is when funds are shifted within the same appropriation
(O&M to O&M). No statutory (Congress) authority required but
Congress sets a maximum limit. Answer: Reprogramming
◉ Which Quantifiable Benefit is a reduction or elimination of some
future resource requirement and has not been included in an approved
program, budgeted for, and not yet in the POM? Answer: Cost
Avoidance
◉ What is the Coefficient of Variation looking for? The Higher or
Smaller value? Answer: Smaller Value
◉ What is the Coefficient of Determination look for? Higher or Smaller
Value? Answer: Higher Value
◉ The goal of the is to improve federal program
effectiveness and public accountability, it is a strategic plan (QDR)
which must contain outcome related goals and objectives. Goals should
be objective, quantifiable and measurable (what are we going to get as a
result). Answer: Government Performance & Results Act (GPRA)
, ◉ What is the Learning Curve Calculation? Answer: (Small #) divided
by (Large #)
◉ What are the Descriptive Statistics; Measures of Dispersion; Standard
Deviation; Normal Distribution? Answer: (A) +/-1=68% of population
(B) +/-2= 95.5% of population
(C) +/-3 = 99.7% of population
◉ What is the Break Even Calculation? Answer: Investment divided by
Savings (savings = old cost minus new cost)
Example: 100/25=4.
4 years to break even
◉ What are the 3 Major DoD Decision Support Systems? Answer: (1)
PPBE
(2) Joint Capabilities Integration & Development System
(3) Defense Acquisition Management System
◉ Who maintains the Future Years Defense Program (FYDP)? Answer:
Cost Assessment Program Evaluation (CAPE)
◉ What Statistical Method describes a collection of quantiative
information in a way that is easy to understand nd interpret. Most
WITH DETAILED VERIFIED ANSWERS 100
PERCENT CORRECT ANSWERS ALREADY
GRADED A PLUS
◉ What acquisition process category(s) has an independent cost estimate
performed (by CAPE, in OSD) and prepared to check the accuracy and
objectivity of the estimate? Answer: ACAT 1 & ID
◉ PPBE Planning Phase provides information to who? Answer:
SECDEF
◉ What are the 3 Quantifiable Benefits? Answer: (1) Cost Savings
(2) Cost Avoidance
(3) Productivity Improvement
◉ Who/Where are Integrated Priority Lists submitted to? Answer: (1)
SECDEF
(2) Chairmain of Joint Chiefs of Staff and
(3) Military Department
,◉ Chairman of the Joint Chiefs of Staff is the principal military advisor
to? Answer: (1) The President
(2) The national Security Council and
(3) The SECDEF
◉ What are the 8 steps to the Economic Analysis? Answer: Objective,
assumptions, constrains, alternatives, cost & benefits, compare
alternatives risk analysis, report results
◉ What is the Percentage Changes Formula? Answer: (New#)-(Old#)
divided by (Old#) x100
◉ What is the Unit Cost Calculation? Answer: (Unit #) x (Learning
Curve %)
◉ Correlation Coefficient ranges from ? Answer: 0 to 1
0 = no correlation, 1= perfect correlation
◉ The QDR (strategic plan) is published by ? Answer:
SECDEF
◉ What process sets realistic but aggressive cost objectives early in
acquisition program, performs cost performance analyses before
operational requirements are finalized, and empowers the user to make
,effective choices by establishing trade-offs up front? Answer: Cost as an
independent Variable (CAIV)
◉ is when funds are shifted within the same appropriation
(O&M to O&M). No statutory (Congress) authority required but
Congress sets a maximum limit. Answer: Reprogramming
◉ Which Quantifiable Benefit is a reduction or elimination of some
future resource requirement and has not been included in an approved
program, budgeted for, and not yet in the POM? Answer: Cost
Avoidance
◉ What is the Coefficient of Variation looking for? The Higher or
Smaller value? Answer: Smaller Value
◉ What is the Coefficient of Determination look for? Higher or Smaller
Value? Answer: Higher Value
◉ The goal of the is to improve federal program
effectiveness and public accountability, it is a strategic plan (QDR)
which must contain outcome related goals and objectives. Goals should
be objective, quantifiable and measurable (what are we going to get as a
result). Answer: Government Performance & Results Act (GPRA)
, ◉ What is the Learning Curve Calculation? Answer: (Small #) divided
by (Large #)
◉ What are the Descriptive Statistics; Measures of Dispersion; Standard
Deviation; Normal Distribution? Answer: (A) +/-1=68% of population
(B) +/-2= 95.5% of population
(C) +/-3 = 99.7% of population
◉ What is the Break Even Calculation? Answer: Investment divided by
Savings (savings = old cost minus new cost)
Example: 100/25=4.
4 years to break even
◉ What are the 3 Major DoD Decision Support Systems? Answer: (1)
PPBE
(2) Joint Capabilities Integration & Development System
(3) Defense Acquisition Management System
◉ Who maintains the Future Years Defense Program (FYDP)? Answer:
Cost Assessment Program Evaluation (CAPE)
◉ What Statistical Method describes a collection of quantiative
information in a way that is easy to understand nd interpret. Most
