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CDFM MODULE 4 EXAM

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Exam study book Evolutionary Acquisition of Mark A. Lorell, Julia Lowell, Obaid Younossi - ISBN: 9780833038821 (CDFM MODULE 4 EXAM)

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CDFM MODULE 4 EXAM REAL EXAM 210 QUESTIONS AND
CORRECT ANSWERS(DETAILED ANSWERS)
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)

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

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