CDFM MODULE 4 QUESTIONS & ANSWERS |
QUESTIONS WITH 100% CORRECT ANSWERS
| VEIFIED 2024
What are Joint Acquisition Programs? - ✔✔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? - ✔✔The MDA
decideswhether to place programs under joint management and designates the lead
executive DoD component.
What law requires an analysis of potential opportunities of international cooperation? -
✔✔10 USC 2350a(e) requires international cooperation consideration in the initial
aquisition strategyfor a program.
When international programs may be established in the defense acqusition program -
✔✔Decision to include international partners needs to be included during development of
theinitial capabilities document but no early than the material and solution analysis phase.
When is Earned Value Management (EVM) implemented - ✔✔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 - ✔✔EVM is required on Cost, and/or Incentive
contracts valued at greater than $20M.
What is EVM? - ✔✔Earned Value Management is a tool that
• Relates the scope of the work to its associated budgets and schedule.
• Measures the work progress in objective terms
• States that value of the work completed in dollars and other measurable units.
What are EVM techniques? - ✔✔Correlate the budgeted cost of worked scheduled with the
budget cost of work performed (BCWP)
• 0/100 Earned Value Technique
• Percent Start/Percent Finish EV Technique (50/50) (25/75) (80/20)
• Percent Complete
• Units Completed
• Equivalent Units
Describe the Percent Start/Percent Finish EV Technique - ✔✔Is an objective earned value
technique tied to the start and completion of a work package task, often referred to %
assignedto 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? - ✔✔Is the establishment of the
PerformanceMeasurement Baseline (PMB)or the Budgeted Cost of Work Schedule (BCWS)
What is the PMB in and EVM? - ✔✔The PMB includes the undistributed budget, all
summarylevel planning package budgets, and all control account budgets. It does not
include management reserve.
What is the final step of the PMB? - ✔✔Is to classify work, to allocate the budget and to
timephase the control account work package budgets. This last phase is calculate BWCS
How do we classify work packages in EVM? - ✔✔in 3 categories, Discrete, apportioned
effort,and level of effort.
Describe the realignment of the PMB - ✔✔Rebaselining, Replanning, and Reprogramming
What is Reprogramming? - ✔✔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 - ✔✔SPI=BCWP/BCWS
Estimate at Completion (EAC) formula - ✔✔EAC=ACWP+[(BAC-BCWP)/(Performance
Factor)]
QUESTIONS WITH 100% CORRECT ANSWERS
| VEIFIED 2024
What are Joint Acquisition Programs? - ✔✔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? - ✔✔The MDA
decideswhether to place programs under joint management and designates the lead
executive DoD component.
What law requires an analysis of potential opportunities of international cooperation? -
✔✔10 USC 2350a(e) requires international cooperation consideration in the initial
aquisition strategyfor a program.
When international programs may be established in the defense acqusition program -
✔✔Decision to include international partners needs to be included during development of
theinitial capabilities document but no early than the material and solution analysis phase.
When is Earned Value Management (EVM) implemented - ✔✔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 - ✔✔EVM is required on Cost, and/or Incentive
contracts valued at greater than $20M.
What is EVM? - ✔✔Earned Value Management is a tool that
• Relates the scope of the work to its associated budgets and schedule.
• Measures the work progress in objective terms
• States that value of the work completed in dollars and other measurable units.
What are EVM techniques? - ✔✔Correlate the budgeted cost of worked scheduled with the
budget cost of work performed (BCWP)
• 0/100 Earned Value Technique
• Percent Start/Percent Finish EV Technique (50/50) (25/75) (80/20)
• Percent Complete
• Units Completed
• Equivalent Units
Describe the Percent Start/Percent Finish EV Technique - ✔✔Is an objective earned value
technique tied to the start and completion of a work package task, often referred to %
assignedto 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? - ✔✔Is the establishment of the
PerformanceMeasurement Baseline (PMB)or the Budgeted Cost of Work Schedule (BCWS)
What is the PMB in and EVM? - ✔✔The PMB includes the undistributed budget, all
summarylevel planning package budgets, and all control account budgets. It does not
include management reserve.
What is the final step of the PMB? - ✔✔Is to classify work, to allocate the budget and to
timephase the control account work package budgets. This last phase is calculate BWCS
How do we classify work packages in EVM? - ✔✔in 3 categories, Discrete, apportioned
effort,and level of effort.
Describe the realignment of the PMB - ✔✔Rebaselining, Replanning, and Reprogramming
What is Reprogramming? - ✔✔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 - ✔✔SPI=BCWP/BCWS
Estimate at Completion (EAC) formula - ✔✔EAC=ACWP+[(BAC-BCWP)/(Performance
Factor)]
