CDFM MODULE 2 CERTIFICATION EVALUATION
TEST 2026 FULL QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED GRADED A+
◉ Which cost estimating method is based on direct comparison
which is historical information? Answer: Analogy Approach
◉ Th more you do something, the more efficient you get at it is
called what? Answer: Learning Curve
◉ The government remains responsible, maintains control over
management decisions, but another entity operates or provides the
services? Answer: Outsourcing
◉ The process aimed at shifting functions & responsibilities (in
whole or part) from government to private sector (i.e. family
housing)? Answer: Privatization
◉ Cost estimating approach, statistical method, top down approach?
Answer: Parametric Appraoch
◉ Re-Engineering team should be no more than ____ people, and
should include a mix of competencies and experiences. Answer: 10
,◉ What is measuring performance against the "best" and adapting
best practices called? Answer: Bench Marking
◉ What Business Process is a radical redesign of key business
processes? Answer: Re-Engineering
◉ Database that summaries forces, resources, & equipment
associated with programs approved by SECDEF? Backbone of the
PPZB&E. Answer: Future Years Defense Program (FYDP)
◉ Actual Cost of Work Performed < Budgeted Cost of Work
Performed = Favorable or Non Favorable? Answer: Favorable
◉ Actual Cost of Work Performed>Budgeted Cost of Work
Performed = Favorable or Non Favorable? Answer: Non-Favorable
◉ Describe an Economy Order. Answer: It is used for routine
services, usually recurring, work done in house, incrementally
obligated as earned, must obligate by fiscal year end or return funds.
◉ Which 2 very similar Cost Estimating Methods happen early in the
process? Answer: (1) expert opinion approach; subjective
judgement by an experienced individual or group;
,(2) Delphi Technique - expert opinion from a group, continual
process until a consensus or near consensus
◉ What Quantifiable Benefit is a reduction in future personnel time
and effort requirements associated with a function or assigned task
that has been included in an approved program? Answer:
Productivity Improvement
◉ Initial Capabilities Document (ICD) identifies what? Answer:
Capabilities Shortfalls
◉ Foreign currency fluctuation was established to eliminate what?
Answer: Losses or gains to programs caused by fluctuation of
specified foreign currency exchange.
◉ Goldwater-Nichols identified the Charmain of Joint Chief of Staff
as the senior ranking member of? Answer: The Armed Forces
◉ The Under Secretary of Defense has oversight responsibility for?
Answer: DFAS and DCAA
◉ What/Who is the DoD's senior level forum for advising the Under
Secretary of Defense (USD) for Acquisition, Technology, & Logistics
(AT&L)? Answer: Defense Acquisition Board
, ◉ Describe a Project Order? Answer: Like a Contract, Agency MIPRs
$ to another Agency and they apply to contract, do not need to De-
obligate when appropriation expires
◉ ___________ are when funds are shifted between appropriation
accounts (O&N to PDW). Requires statutory (Congress) authority.
Answer: Transfers
◉ ____________ require the new requirement be unanticipated and be
of a higher priority than previously funded requirement. Answer:
Realignments
◉ What is the mos significant DoD law? Answer: National Security
Act
◉ The output from the PPBE Planning Phase is _________? Answer:
Defense Planning and Programming Guidance
◉ What are 2 additional tools that can be used for evaluating
contract schedule and performance? Answer: PERT Chart and Gantt
Chart
◉ Best time to reduce costs is early in the process is based on what
principle? Answer: Cost as an Independent Variable (CAIV)
TEST 2026 FULL QUESTIONS AND CORRECT
ANSWERS ALREADY PASSED GRADED A+
◉ Which cost estimating method is based on direct comparison
which is historical information? Answer: Analogy Approach
◉ Th more you do something, the more efficient you get at it is
called what? Answer: Learning Curve
◉ The government remains responsible, maintains control over
management decisions, but another entity operates or provides the
services? Answer: Outsourcing
◉ The process aimed at shifting functions & responsibilities (in
whole or part) from government to private sector (i.e. family
housing)? Answer: Privatization
◉ Cost estimating approach, statistical method, top down approach?
Answer: Parametric Appraoch
◉ Re-Engineering team should be no more than ____ people, and
should include a mix of competencies and experiences. Answer: 10
,◉ What is measuring performance against the "best" and adapting
best practices called? Answer: Bench Marking
◉ What Business Process is a radical redesign of key business
processes? Answer: Re-Engineering
◉ Database that summaries forces, resources, & equipment
associated with programs approved by SECDEF? Backbone of the
PPZB&E. Answer: Future Years Defense Program (FYDP)
◉ Actual Cost of Work Performed < Budgeted Cost of Work
Performed = Favorable or Non Favorable? Answer: Favorable
◉ Actual Cost of Work Performed>Budgeted Cost of Work
Performed = Favorable or Non Favorable? Answer: Non-Favorable
◉ Describe an Economy Order. Answer: It is used for routine
services, usually recurring, work done in house, incrementally
obligated as earned, must obligate by fiscal year end or return funds.
◉ Which 2 very similar Cost Estimating Methods happen early in the
process? Answer: (1) expert opinion approach; subjective
judgement by an experienced individual or group;
,(2) Delphi Technique - expert opinion from a group, continual
process until a consensus or near consensus
◉ What Quantifiable Benefit is a reduction in future personnel time
and effort requirements associated with a function or assigned task
that has been included in an approved program? Answer:
Productivity Improvement
◉ Initial Capabilities Document (ICD) identifies what? Answer:
Capabilities Shortfalls
◉ Foreign currency fluctuation was established to eliminate what?
Answer: Losses or gains to programs caused by fluctuation of
specified foreign currency exchange.
◉ Goldwater-Nichols identified the Charmain of Joint Chief of Staff
as the senior ranking member of? Answer: The Armed Forces
◉ The Under Secretary of Defense has oversight responsibility for?
Answer: DFAS and DCAA
◉ What/Who is the DoD's senior level forum for advising the Under
Secretary of Defense (USD) for Acquisition, Technology, & Logistics
(AT&L)? Answer: Defense Acquisition Board
, ◉ Describe a Project Order? Answer: Like a Contract, Agency MIPRs
$ to another Agency and they apply to contract, do not need to De-
obligate when appropriation expires
◉ ___________ are when funds are shifted between appropriation
accounts (O&N to PDW). Requires statutory (Congress) authority.
Answer: Transfers
◉ ____________ require the new requirement be unanticipated and be
of a higher priority than previously funded requirement. Answer:
Realignments
◉ What is the mos significant DoD law? Answer: National Security
Act
◉ The output from the PPBE Planning Phase is _________? Answer:
Defense Planning and Programming Guidance
◉ What are 2 additional tools that can be used for evaluating
contract schedule and performance? Answer: PERT Chart and Gantt
Chart
◉ Best time to reduce costs is early in the process is based on what
principle? Answer: Cost as an Independent Variable (CAIV)
