CFCM Study Guide - Part 7 correctly
answered to pass graded A+
Acquisition Planning - correct answer ✔✔the process by which the efforts of all
personnel responsible for an acquisition are coordinated and integrated through a
comprehensive plan for fulfilling the agency need in a timely manner at
reasonable cost
Acquisition Planning should begin - correct answer ✔✔as soon as the agency
need is identified.
The purpose of acquisition planning is to - correct answer ✔✔ensure the
government meets its needs in the most effective, economical and timely manner
The acquisition team should consist of - correct answer ✔✔all those responsible
for significant aspects of the acquisition such as:
contracting , fiscal, legal, technical
Early in the planning process, the planner should consult with - correct answer
✔✔requirements and logistics personnel who determine type, quality, quantity
and delivery requirements
if other than F/O, also consult competition advocate
Agencies shall perform acquisition planning and conduct market research for all
acquisitions in order to promote and provide for - correct answer ✔✔1.
, Acquisition of commercial items or non developmental items to max extent
practicable
2. Full & Open competition, or exceptions
3. Selection of appropriate contract type IAW Part 16
4. Appropriate consideration of the use of preexisting contracts, including
interagency/intra-agency, to fulfill requirement prior to awarding new contracts
To facilitate the attainment of the acquisition objectives, the plan must - correct
answer ✔✔identify those milestones at which decisions should be made
address all technical, business, management etc
Acquisition plans for service contracts or orders must - correct answer
✔✔describe the strategies for implementing performance-based acquisition
methods or must provide rationale for not using those methods
FAR 7.105 Acquisition Plan content- What are 2 main sections? - correct answer
✔✔1. Acquisition Background and Objectives
2. Plan of Action
Acquisition Plan, Section 1:
Acquisition Background and Objectives - correct answer ✔✔1. Statement of need
2. Applicable conditions
3. Cost (life-cycle cost, design-to-cost, should-cost)
4. Capability or performance (how relates to SON)
5. Delivery or performance-period requirements
answered to pass graded A+
Acquisition Planning - correct answer ✔✔the process by which the efforts of all
personnel responsible for an acquisition are coordinated and integrated through a
comprehensive plan for fulfilling the agency need in a timely manner at
reasonable cost
Acquisition Planning should begin - correct answer ✔✔as soon as the agency
need is identified.
The purpose of acquisition planning is to - correct answer ✔✔ensure the
government meets its needs in the most effective, economical and timely manner
The acquisition team should consist of - correct answer ✔✔all those responsible
for significant aspects of the acquisition such as:
contracting , fiscal, legal, technical
Early in the planning process, the planner should consult with - correct answer
✔✔requirements and logistics personnel who determine type, quality, quantity
and delivery requirements
if other than F/O, also consult competition advocate
Agencies shall perform acquisition planning and conduct market research for all
acquisitions in order to promote and provide for - correct answer ✔✔1.
, Acquisition of commercial items or non developmental items to max extent
practicable
2. Full & Open competition, or exceptions
3. Selection of appropriate contract type IAW Part 16
4. Appropriate consideration of the use of preexisting contracts, including
interagency/intra-agency, to fulfill requirement prior to awarding new contracts
To facilitate the attainment of the acquisition objectives, the plan must - correct
answer ✔✔identify those milestones at which decisions should be made
address all technical, business, management etc
Acquisition plans for service contracts or orders must - correct answer
✔✔describe the strategies for implementing performance-based acquisition
methods or must provide rationale for not using those methods
FAR 7.105 Acquisition Plan content- What are 2 main sections? - correct answer
✔✔1. Acquisition Background and Objectives
2. Plan of Action
Acquisition Plan, Section 1:
Acquisition Background and Objectives - correct answer ✔✔1. Statement of need
2. Applicable conditions
3. Cost (life-cycle cost, design-to-cost, should-cost)
4. Capability or performance (how relates to SON)
5. Delivery or performance-period requirements
