CDFM Module 4 Graded To Pass
What are Joint Acquisition Programs? - Answer Joint Acquisition Programs is any
acqusition system, subsystem, component, or technology program with astrategy
that includes funding by more than one DoD component during any phase of a
system's life cycle.
Who decides to place programs under joint acquisition management? - Answer The
MDA decides whether to place programs under joint management and designates
the lead executive DoD component.
What law requires an analysis of potential opportunities of international cooperation?
- Answer 10 USC 2350a(e) requires international cooperation consideration in the
initial aquisition strategy for a program.
When international programs may be established in the defense acqusition program
- Answer Decision to include international partners needs to be included during
development of the initial capabilities document but no early than the material and
solution analysis phase.
When is Earned Value Management (EVM) implemented - Answer EVM is part of
program management . It ensures that cost , schedule and technical aspects of the
contract are truly integrated.
In what type of contracts EVM is required - Answer EVM is required on Cost, and/or
Incentive contracts valued at greater than $20M.
What is EVM? - Answer Earned Value Management is a tool that
1. Relates the scope of the work to its associated budgets and schedule.
2. Measures the work progress in objective terms
3. States that value of the work completed in dollars and other measurable units.
What are EVM techniques? - Answer Correlate the budgeted cost of worked
scheduled with the budget cost of work performed (BCWP)
1. 0/100 Earned Value Technique
2. Percent Start/Percent Finish EV Technique (50/50) (25/75) (80/20)
3. Percent Complete
4. Units Completed
5. Equivalent Units
Describe the Percent Start/Percent Finish EV Technique - Answer Is an objective
earned value technique tied to the start and completion of a work package task,
often referred to % assigned to the start and finish milestone such as (50/50...)
Thsi technique tends to overstate performance in the first half of the period of
performance and uderstate performance in the last half.
What is the most important step in EVM system? - Answer Is the establishment of
the Performance Measurement Baseline (PMB)or the Budgeted Cost of Work
Schedule (BCWS)
, CDFM Module 4 Graded To Pass
What is the PMB in and EVM? - Answer The PMB includes the undistributed budget,
all summary level planning package budgets, and all control account budgets. It
does not include management reserve.
What is the final step of the PMB? - Answer Is to classify work, to allocate the budget
and to time phase the control account work package budgets. This last phase is
calculate BWCS
How do we classify work packages in EVM? - Answer in 3 categories, Discrete,
apportioned effort, and level of effort.
Describe the realignment of the PMB - Answer Rebaselining, Replanning, and
Reprogramming
What is Reprogramming? - Answer Reprogramming is a comprehensive realignment
of the remaining performance measurement baseline that results in a total budget
and/or total schedule that exceeds the contractual requirements. It is the process
that results in an Over-Target Baseline or OTB and an Over-Target Schedule OTS.
Schedule Performance Index (SPI) formula - Answer SPI=BCWP/BCWS
Estimate at Completion (EAC) formula - Answer
EAC=ACWP+[(BAC-BCWP)/(Performance Factor)]
EAC Compsite formula - Answer ACWPcum+[(BAC-BCWPcum)/(CPIcum*SPIcum)]
Upper Value (worst case)
EVM Terminology - Answer EAC=Estimate at Completion
BAC=Budget at Completion(current)
BCWS=Budget Cost of Work Scheduled (current)
BWCP=Budget Cost of Work Performed (earned value)
ACWP=Actual Cost of Work Performed
What is the Contractor Cost and Software Data Reporting (CSDR) - Answer The
CSDR system involves two formal contractor reports, the COntractor Cost Data
Report (CCDR) and the Software Resources Data Report (SRDR)
What is Contract Performance Report (CPR) - Answer The PM should obtain from
the contractor a CPR (DD form 2734) on all contracts the meet or exceed EVMS
dollar thresholds and require EVMS compliance. The CPR provides contract cost
and schedule performance for program mangement.
What is Contract Funds Status Report (CFSR) - Answer (DD 1586) has no specific
application thresholds but PMs should evaluate contracts of less than $1.3M. FFP
contracts should not apply the CFSR unless unusual circumnstances dictate funding
visibility.
What is Government Contract Quality Assurance (GCQA) - Answer DCMA Q&A
personnel conducts quality assurance as identified in contract administration
delegations by the KO.
What are Joint Acquisition Programs? - Answer Joint Acquisition Programs is any
acqusition system, subsystem, component, or technology program with astrategy
that includes funding by more than one DoD component during any phase of a
system's life cycle.
Who decides to place programs under joint acquisition management? - Answer The
MDA decides whether to place programs under joint management and designates
the lead executive DoD component.
What law requires an analysis of potential opportunities of international cooperation?
- Answer 10 USC 2350a(e) requires international cooperation consideration in the
initial aquisition strategy for a program.
When international programs may be established in the defense acqusition program
- Answer Decision to include international partners needs to be included during
development of the initial capabilities document but no early than the material and
solution analysis phase.
When is Earned Value Management (EVM) implemented - Answer EVM is part of
program management . It ensures that cost , schedule and technical aspects of the
contract are truly integrated.
In what type of contracts EVM is required - Answer EVM is required on Cost, and/or
Incentive contracts valued at greater than $20M.
What is EVM? - Answer Earned Value Management is a tool that
1. Relates the scope of the work to its associated budgets and schedule.
2. Measures the work progress in objective terms
3. States that value of the work completed in dollars and other measurable units.
What are EVM techniques? - Answer Correlate the budgeted cost of worked
scheduled with the budget cost of work performed (BCWP)
1. 0/100 Earned Value Technique
2. Percent Start/Percent Finish EV Technique (50/50) (25/75) (80/20)
3. Percent Complete
4. Units Completed
5. Equivalent Units
Describe the Percent Start/Percent Finish EV Technique - Answer Is an objective
earned value technique tied to the start and completion of a work package task,
often referred to % assigned to the start and finish milestone such as (50/50...)
Thsi technique tends to overstate performance in the first half of the period of
performance and uderstate performance in the last half.
What is the most important step in EVM system? - Answer Is the establishment of
the Performance Measurement Baseline (PMB)or the Budgeted Cost of Work
Schedule (BCWS)
, CDFM Module 4 Graded To Pass
What is the PMB in and EVM? - Answer The PMB includes the undistributed budget,
all summary level planning package budgets, and all control account budgets. It
does not include management reserve.
What is the final step of the PMB? - Answer Is to classify work, to allocate the budget
and to time phase the control account work package budgets. This last phase is
calculate BWCS
How do we classify work packages in EVM? - Answer in 3 categories, Discrete,
apportioned effort, and level of effort.
Describe the realignment of the PMB - Answer Rebaselining, Replanning, and
Reprogramming
What is Reprogramming? - Answer Reprogramming is a comprehensive realignment
of the remaining performance measurement baseline that results in a total budget
and/or total schedule that exceeds the contractual requirements. It is the process
that results in an Over-Target Baseline or OTB and an Over-Target Schedule OTS.
Schedule Performance Index (SPI) formula - Answer SPI=BCWP/BCWS
Estimate at Completion (EAC) formula - Answer
EAC=ACWP+[(BAC-BCWP)/(Performance Factor)]
EAC Compsite formula - Answer ACWPcum+[(BAC-BCWPcum)/(CPIcum*SPIcum)]
Upper Value (worst case)
EVM Terminology - Answer EAC=Estimate at Completion
BAC=Budget at Completion(current)
BCWS=Budget Cost of Work Scheduled (current)
BWCP=Budget Cost of Work Performed (earned value)
ACWP=Actual Cost of Work Performed
What is the Contractor Cost and Software Data Reporting (CSDR) - Answer The
CSDR system involves two formal contractor reports, the COntractor Cost Data
Report (CCDR) and the Software Resources Data Report (SRDR)
What is Contract Performance Report (CPR) - Answer The PM should obtain from
the contractor a CPR (DD form 2734) on all contracts the meet or exceed EVMS
dollar thresholds and require EVMS compliance. The CPR provides contract cost
and schedule performance for program mangement.
What is Contract Funds Status Report (CFSR) - Answer (DD 1586) has no specific
application thresholds but PMs should evaluate contracts of less than $1.3M. FFP
contracts should not apply the CFSR unless unusual circumnstances dictate funding
visibility.
What is Government Contract Quality Assurance (GCQA) - Answer DCMA Q&A
personnel conducts quality assurance as identified in contract administration
delegations by the KO.
