FORMULATION EXAM: Introduction to Planning and Programming

FORMULATION EXAM: Introduction to Planning and Programming FORMULATION EXAM: Introduction to Planning and Programming 1) Which cost analysis is focused on reasonable extrapolations from historical experiences with similar programs and usually result in higher costs? "Could Cost" "Fixed Costs" "Will Cost" "Should Cost 2) Which of the following represents the financial manager's role during the PPBE Programming Phase? Balance and prioritize requirements based on senior leader’s guidance Build and validate resource requirements Manage funding for the service’s different programs Validate and integrate services 3) A Life-Cycle Cost Estimate (LCCE) reflects major program reviews for Milestone A, B, and C. True False 4) Which of the following inputs is used in the PPBE Planning process? Program Objectives Memorandum (POM) Life Cycle Costs (LCC) Quadrennial Defense Review (QDR) Resource Management Decisions (RMD) 5) Which of the following provide guidance for the development of the Program Objective Memorandum (POM) of the PPBE Programming Phase? Program/Budget Reviews Service Guidance Budget Assessment Review Budget Adjustment 6) Which of the following is a focus of the PPBE Planning phase? Current execution Guidance for programming and budgeting Fund policies Pricing 7) Programmatic Guidance is captured in the Program Objective Memorandum (POM). True False 8) All of the following are included in an affordability analysis EXCEPT: Component Cost Estimate (CCE) All component fiscal obligations under TAO Program life-cycle constraints Portfolio fiscal obligations 9) Life Cycle Costs (LCC) and Total Ownership Costs (TOC) differ in several key areas. Match the description of the key element with its costs type (LCC or TOC). a) LCC In Logistics, includes depot maintenance and spares, but not delivery costs (FBCF). b) TOC For Training, includes system-specific training and schoolhouse and accession training. 10) An action taken in the immediate time frame that will decrease costs in the future is known as: Should cost Cost savings Will cost Cost avoidance 11) Resource Management Decisions resulting from issue papers are published in . November/December July 1st week in February August 12) What is the impact of the Defense Planning Guidance (DPG) document with respect to fiscal guidance? It establishes the strategic programmatic priorities and requirements for DoD. It establishes a 'bottom line' for each service. It establishes a balanced set of programs that respond to the guidance and priorities set forth thus far in the PPBE process. It establishes a detailed and comprehensive description of the proposed programs, including time- phased allocation of resources by program over five years. 13) Which document used in the DoD Planning Process assesses the threats and challenges that the nation faces and rebalances DoD's strategy, capabilities and forces to address today's conflicts and tomorrow's threats? Chairman's Program Recommendations (CPR) National Military Strategy (NMS) Chairman's Program Assessment (CPA) Quadrennial Defense Review (QDR) 14) Which of the following is used to prepare the Independent Cost Estimate (ICE) during the PPBE Programming Phase? Cost Analysis Requirements Description (CARD) Life-Cycle Cost Estimate (LCCE) Life-Cycle Cost (LCC) Program Office Estimate (POE) 15) The Total Obligation Authority (TOA) is the "top line" of the resources that the Office of the Secretary of Defense (OSD) designates to support a program. True False 16) Which of the following is NOT a principle player of the PPBE Planning Phase? Service Chiefs Secretary of Defense Chairman, Joint Chiefs of Staff Combatant Commanders 17) Which document acts as a bridge to transition the PPBE process from the Budgeting Phase to the Execution Phase of the PPBE Process? President's Budget (PB) Major Budget Issues (MBI) Funds Distribution Budget Estimate Submission (BES) 18) Planning for the PPBE Planning Process should begin about five years prior to the budget request year. True False 19) "Affordability" provides a way for programs to reduce underestimating their costs True False 20) What is the next step after a component program submission is sent to an issues team? Creation of an issue paper that presents alternatives to the Component program's position Creation of an analysis of the implications of the issue(s) Creation of an analysis of the impact to cost and personnel Creation of a rebuttal position that is sent to the Budget Review OSD (CAPE) Leads 1) Which of the following is true of the business financial manager’s role during the PPBE Programming Phase? Directly support Under Secretary of Defense (Comptroller) Directly support OSD budget analysts Directly support OMB budget analysis Directly support the PM 2) Which of the following is used to prepare the Program Office Estimate (POE) during the PPBE Programming Phase? Component Cost Estimate (CCE) Life-Cycle Cost (LCC) Cost Analysis Requirements Description (CARD) Quadrennial Defense Review (QDR) 3) Which of the following is a focus of the PPBE Planning phase? Provision of resources Compliance with DPG Pricing Threat vs. capabilities