CDFM MODULE 4 EXAM SCRIPT 2026 TEST
PAPER QUESTIONS AND SOLUTIONS GRADED
A+
◉ Which tool for evaluating contract schedule and performance are
useful for planning and scheduling projects are better at displaying
the schedule and resources used in a project and allows managers to
monitor and manage the contract? Answer: Gantt Chart
◉ The National Military Strategy is developed by ___________? Answer:
The Chairman of the Joint Chiefs of Staff
◉ The National Security Strategy is developed by __________? Answer:
SECDEF
◉ Which tool for evaluating contract schedule and performance
better display the critical path (steps that must be taken to
accomplish tasks) and interdependency of tasks in a project?
Answer: PERT Chart
◉ What $$ is expressed in the value of the year in which a cost is
expected to occur and reflectsq the effect of inflation? Answer:
Current Dollars
,◉ Economic Analysis is prepared using ___________? Answer: Net
Present Value
◉ The Under Secretary of Defense (USD) (AT&L) estimated
expenditures for Acquisition Category I (ACAT 1)? Answer: RDT&E
of more than $365K, and PDW of more than $2.19 Billion
◉ The Assistant Secretary of Defense (ASD) for Networks &
Information Integration (NII) estimated expenditures for ACAT 1A?
Answer: (1) Single year program cost of $32M +
(2) Total program cost in excess of $125M+
(3) Total life cycle cost in excess of $378M+
◉ What funds collected require specific legislation from Congress to
permit use? Answer: Agricultural and Grazing leases
Recycling
Sale and Out-lease
Fish and Wildlife Conservation Program
Energy Savings at Military Installations (2/3s becomes no year
money)
◉ What does the performance Acquisition Report include? Answer:
Annual Agency financial statements, Annual statement of assurance,
report on internal controls.
,◉ How long is the DoD performance plan? Answer: 20 years and its
called the Quadrennial Defense Review (QDR)
◉ What is the primary reason for the establishment of the
reinvention laboratories during the Clinton Administration? Answer:
To give front line workers and mangers the opportunities to try out
their ideas.
◉ What is the primary goal of the the Government Performance and
Results Act (GPRA)? Answer: To improve the confidence of the
American people in the capability of the federal government, by
systematically holding Federal agencies accountable for achieving
program results
◉ If you have an RDT&E project that will run over 4 years do fund
the full amount for the 4 years in the first year? Answer: No it is
funded one year at a time
◉ What is an exception to the one-year-at-a-time funding? Answer:
Multi Year Procurement (can fund up to 5 years)
◉ Which type of contacting does he contractor bear the most risk?
Answer: Fixed Price
, ◉ What governs acquisition i the the Federal Government? Answer:
FAR
◉ What are the costs principles in the FAR? Answer: The costs that
are allowable, reasonable, and assignable
◉ If Budgeted Cost of work scheduled is 130 and Budget Cost of
work performed is 100 and Actual Cost of work performed is 150
what is the cost variance? Answer: Budgeted Cost (BC) - Actual Cost
(AC) =Cost Variance
Budgeted Cost (BC) -Scheduled Cost = Schedule Variance
◉ What document identifies capability shortfalls and explains why
non material changes are inadequate and then identifies
alternatives> Answer: Initial Capabilities Document (ICD)
◉ What is included in Acquisition Category I? Answer: RDT&E of
more than $365M Procurement of more than $2,190 billion
◉ What is included in Acquisition Category II? Answer:
RDT&E$140M to $365 M procurement $660 M to 2.19B
◉ Who has Milestone Decision Authority for Acquisition? Answer:
Component Acquisition Executive or Component Head
PAPER QUESTIONS AND SOLUTIONS GRADED
A+
◉ Which tool for evaluating contract schedule and performance are
useful for planning and scheduling projects are better at displaying
the schedule and resources used in a project and allows managers to
monitor and manage the contract? Answer: Gantt Chart
◉ The National Military Strategy is developed by ___________? Answer:
The Chairman of the Joint Chiefs of Staff
◉ The National Security Strategy is developed by __________? Answer:
SECDEF
◉ Which tool for evaluating contract schedule and performance
better display the critical path (steps that must be taken to
accomplish tasks) and interdependency of tasks in a project?
Answer: PERT Chart
◉ What $$ is expressed in the value of the year in which a cost is
expected to occur and reflectsq the effect of inflation? Answer:
Current Dollars
,◉ Economic Analysis is prepared using ___________? Answer: Net
Present Value
◉ The Under Secretary of Defense (USD) (AT&L) estimated
expenditures for Acquisition Category I (ACAT 1)? Answer: RDT&E
of more than $365K, and PDW of more than $2.19 Billion
◉ The Assistant Secretary of Defense (ASD) for Networks &
Information Integration (NII) estimated expenditures for ACAT 1A?
Answer: (1) Single year program cost of $32M +
(2) Total program cost in excess of $125M+
(3) Total life cycle cost in excess of $378M+
◉ What funds collected require specific legislation from Congress to
permit use? Answer: Agricultural and Grazing leases
Recycling
Sale and Out-lease
Fish and Wildlife Conservation Program
Energy Savings at Military Installations (2/3s becomes no year
money)
◉ What does the performance Acquisition Report include? Answer:
Annual Agency financial statements, Annual statement of assurance,
report on internal controls.
,◉ How long is the DoD performance plan? Answer: 20 years and its
called the Quadrennial Defense Review (QDR)
◉ What is the primary reason for the establishment of the
reinvention laboratories during the Clinton Administration? Answer:
To give front line workers and mangers the opportunities to try out
their ideas.
◉ What is the primary goal of the the Government Performance and
Results Act (GPRA)? Answer: To improve the confidence of the
American people in the capability of the federal government, by
systematically holding Federal agencies accountable for achieving
program results
◉ If you have an RDT&E project that will run over 4 years do fund
the full amount for the 4 years in the first year? Answer: No it is
funded one year at a time
◉ What is an exception to the one-year-at-a-time funding? Answer:
Multi Year Procurement (can fund up to 5 years)
◉ Which type of contacting does he contractor bear the most risk?
Answer: Fixed Price
, ◉ What governs acquisition i the the Federal Government? Answer:
FAR
◉ What are the costs principles in the FAR? Answer: The costs that
are allowable, reasonable, and assignable
◉ If Budgeted Cost of work scheduled is 130 and Budget Cost of
work performed is 100 and Actual Cost of work performed is 150
what is the cost variance? Answer: Budgeted Cost (BC) - Actual Cost
(AC) =Cost Variance
Budgeted Cost (BC) -Scheduled Cost = Schedule Variance
◉ What document identifies capability shortfalls and explains why
non material changes are inadequate and then identifies
alternatives> Answer: Initial Capabilities Document (ICD)
◉ What is included in Acquisition Category I? Answer: RDT&E of
more than $365M Procurement of more than $2,190 billion
◉ What is included in Acquisition Category II? Answer:
RDT&E$140M to $365 M procurement $660 M to 2.19B
◉ Who has Milestone Decision Authority for Acquisition? Answer:
Component Acquisition Executive or Component Head
