ACQ 2020 Midterm Practice Questions With
Complete Solutions
PMs usually develop, in concert with the customer, minimally acceptable
| | | | | | | | | |
performance levels, ceiling costs, and required delivery dates: Known as? -
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CORRECT ANSWER✔✔-Trade Space | |
The importance of Key Performance Parameters (KPP) for defense acquisition
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projects is that it defines the most critical attributes that measures customer
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satisfaction of the overall need. - CORRECT ANSWER✔✔-TRUE
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The ______ is prepared during the Technology Maturation and Risk Reduction
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(TMRR) acquisition phase and defines measurable and testable capabilities to
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guide the Engineering and Manufacturing Development (EMD) acquisition phase -
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|CORRECT ANSWER✔✔-CDD |
A program can pass DT but fail OT - CORRECT ANSWER✔✔-TRUE
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In most cases, validated ________ drive the early part of the acquisition process -
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|CORRECT ANSWER✔✔-ICDs |
The role of System Engineering in a project is to monitor and guide technical
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success - CORRECT ANSWER✔✔-TRUE
| | |
, The Integrated Master Schedule is a means of organizing system development
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activities based on the system and product decomposition. - CORRECT
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ANSWER✔✔-FALSE
Risks are a measure of the future uncertainties in achieving overall program
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performance goals and objectives. - CORRECT ANSWER✔✔-TRUE
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Who is responsible for implementing effective risk management within program
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constraints? - CORRECT ANSWER✔✔-Program Manager | | | |
A _____________ is a central repository to describe and track risks and to record
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actions approved by the Risk Management Board - CORRECT ANSWER✔✔-Risk
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Register
The first thing that you must do with risk is to avoid it. - CORRECT ANSWER✔✔-
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FALSE
Program risk identification is the responsibility of the ____________? - CORRECT
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ANSWER✔✔-Program Team |
In exercising initiative, Government members of the Acquisition Team may
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assume if a specific strategy, practice, policy or procedure is in the best interests
| | | | | | | | | | | | | |
of the Government and is not addressed in the FAR, nor prohibited by law
| | | | | | | | | | | | | |
(statute or case law), Executive order or other regulation, that the strategy,
| | | | | | | | | | | |
practice, policy or procedure is a permissible exercise of authority - CORRECT
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ANSWER✔✔-TRUE
Complete Solutions
PMs usually develop, in concert with the customer, minimally acceptable
| | | | | | | | | |
performance levels, ceiling costs, and required delivery dates: Known as? -
| | | | | | | | | | |
CORRECT ANSWER✔✔-Trade Space | |
The importance of Key Performance Parameters (KPP) for defense acquisition
| | | | | | | | | |
projects is that it defines the most critical attributes that measures customer
| | | | | | | | | | | |
satisfaction of the overall need. - CORRECT ANSWER✔✔-TRUE
| | | | | | |
The ______ is prepared during the Technology Maturation and Risk Reduction
| | | | | | | | | | |
(TMRR) acquisition phase and defines measurable and testable capabilities to
| | | | | | | | | |
guide the Engineering and Manufacturing Development (EMD) acquisition phase -
| | | | | | | | |
|CORRECT ANSWER✔✔-CDD |
A program can pass DT but fail OT - CORRECT ANSWER✔✔-TRUE
| | | | | | | | | |
In most cases, validated ________ drive the early part of the acquisition process -
| | | | | | | | | | | | |
|CORRECT ANSWER✔✔-ICDs |
The role of System Engineering in a project is to monitor and guide technical
| | | | | | | | | | | | | |
success - CORRECT ANSWER✔✔-TRUE
| | |
, The Integrated Master Schedule is a means of organizing system development
| | | | | | | | | | |
activities based on the system and product decomposition. - CORRECT
| | | | | | | | | |
ANSWER✔✔-FALSE
Risks are a measure of the future uncertainties in achieving overall program
| | | | | | | | | | | |
performance goals and objectives. - CORRECT ANSWER✔✔-TRUE
| | | | | |
Who is responsible for implementing effective risk management within program
| | | | | | | | | |
constraints? - CORRECT ANSWER✔✔-Program Manager | | | |
A _____________ is a central repository to describe and track risks and to record
| | | | | | | | | | | | | |
actions approved by the Risk Management Board - CORRECT ANSWER✔✔-Risk
| | | | | | | | | |
Register
The first thing that you must do with risk is to avoid it. - CORRECT ANSWER✔✔-
| | | | | | | | | | | | | | |
FALSE
Program risk identification is the responsibility of the ____________? - CORRECT
| | | | | | | | | | |
ANSWER✔✔-Program Team |
In exercising initiative, Government members of the Acquisition Team may
| | | | | | | | | |
assume if a specific strategy, practice, policy or procedure is in the best interests
| | | | | | | | | | | | | |
of the Government and is not addressed in the FAR, nor prohibited by law
| | | | | | | | | | | | | |
(statute or case law), Executive order or other regulation, that the strategy,
| | | | | | | | | | | |
practice, policy or procedure is a permissible exercise of authority - CORRECT
| | | | | | | | | | | |
ANSWER✔✔-TRUE
