1) The life cycle cost estimate need to be compared to the program affordability analysis to
ensure it falls within the affordability caps.
10164704 2
True
False
2) You estimated that a Naval communications research contract will cost $350.0 K (CY16).
You plan to award this 12-month contract in 2019. Using inflation indices from the table, what
should your budget request be in TY dollars?
10166026 1
$372.0 K
None of these are correct.
$329.3 K
$368.4 K
3) Documentation of the steps taken to develop the estimate is necessary so that a cost analyst
unfamiliar with the program can recreate it and produce the same result.
10164682 2
True
False
4) After aggregating all of the individual distributions during a symmetric approximation into a
total cost distribution, we have plotted the Cumulative Distribution Function (CDF) (see chart).
How much funding would be required for an 80% chance of an overrun (20% chance of an
underrun)?
10166018 1
220 $M
160 $M
140 $M
, 171 $M
5) When preparing for a Defense Acquisition Board (DAB) review, there is a timeline
established by the OSD Cost Assessment and Program Evaluation (CAPE). How many days
prior to OIPT is required for the OSD CA, PMO and SCA to meet and compare and discuss
CCP and ICE.
10164688 1
45 days
28 days
None of these are correct
10 days
6) Purchases of end items, weapons and equipment greater than $250,000 intended for
operational use or inventory are funded from which appropriation?
10164700 1
Procurement
MILCON
RDT&E
O&M
7) In this course we base Symmetric Approximation around a five-step process. Step 1 of the
process focuses on selecting which of the following (select two):
10164676 6
High dollar cost elements
Element that are sensitive to changes made
Low dollar cost elements
Element which have a small range in potential value.
8) If we were purchasing a helicopter for operational use, funding half of the cost of the
helicopter in one year`s appropriation and funding the second half of the cost in the next year`s
appropriation would be an example of:
10164694 1
ensure it falls within the affordability caps.
10164704 2
True
False
2) You estimated that a Naval communications research contract will cost $350.0 K (CY16).
You plan to award this 12-month contract in 2019. Using inflation indices from the table, what
should your budget request be in TY dollars?
10166026 1
$372.0 K
None of these are correct.
$329.3 K
$368.4 K
3) Documentation of the steps taken to develop the estimate is necessary so that a cost analyst
unfamiliar with the program can recreate it and produce the same result.
10164682 2
True
False
4) After aggregating all of the individual distributions during a symmetric approximation into a
total cost distribution, we have plotted the Cumulative Distribution Function (CDF) (see chart).
How much funding would be required for an 80% chance of an overrun (20% chance of an
underrun)?
10166018 1
220 $M
160 $M
140 $M
, 171 $M
5) When preparing for a Defense Acquisition Board (DAB) review, there is a timeline
established by the OSD Cost Assessment and Program Evaluation (CAPE). How many days
prior to OIPT is required for the OSD CA, PMO and SCA to meet and compare and discuss
CCP and ICE.
10164688 1
45 days
28 days
None of these are correct
10 days
6) Purchases of end items, weapons and equipment greater than $250,000 intended for
operational use or inventory are funded from which appropriation?
10164700 1
Procurement
MILCON
RDT&E
O&M
7) In this course we base Symmetric Approximation around a five-step process. Step 1 of the
process focuses on selecting which of the following (select two):
10164676 6
High dollar cost elements
Element that are sensitive to changes made
Low dollar cost elements
Element which have a small range in potential value.
8) If we were purchasing a helicopter for operational use, funding half of the cost of the
helicopter in one year`s appropriation and funding the second half of the cost in the next year`s
appropriation would be an example of:
10164694 1
