CDFM Module 4 Questions and Answers All Correct Latest 2024 (Rated A+)

CDFM Module 4 Questions and Answers All Correct Latest 2024 (Rated A+) What are Joint Acquisition Programs? - Correct 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? - Correct Answer The MDA decides whether to place programs under joint management and designates the lead executive DoD component. What is the most important step in EVM system? - Correct Answer Is the establishment of the Performance Measurement Baseline (PMB)or the Budgeted Cost of Work Schedule (BCWS) What is the PMB in and EVM? - Correct 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? - Correct 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? - Correct Answer in 3 categories, Discrete, apportioned effort, and level of effort.