PMT 4800V Knowledge Check 3: Unit 4.5-4.7
Questions Part 2 Questions and Correct
Answers (Verified Answers) | Graded A+ |
Latest Update 2025-2026
Total ownership cost, which includes the costs associated with research,
development, test and evaluation, procurement, military construction, military
personnel, operations and maintenance, and disposal of a system, is also known
as: - ANSWER Life Cycle Cost
In what type contract, does the contractor bear virtually all the financial risk? -
ANSWER Firm Fixed Price (FFP)
As a general rule of thumb, what percent of the total ownership costs of a mass-
produced system occur late in the life cycle, due to costs associated with
operations and support? - ANSWER 65-80%
All of the following are true of Below Threshold Reprogramming (BTR) actions,
EXCEPT ___________. - ANSWER Changes to the appropriation category
What method is generally preferred to resolve contract disputes because it saves
time, money, and preserves relationships between the parties? - ANSWER
Alternative Dispute Resolution (ADR)
Affordability is most concerned with: - ANSWER Making tradeoffs in
performance and schedule to achieve cost objectives within affordability
constraints.
, Which enactment process activity provides permission for a Federal program or
activity to begin or continue from year to year, but does not provide Budget
Authority to fund the program or activity? - ANSWER Authorization Bill
To minimize current and future funding risks, Program Management Offices use
__________________ to project and track obligations and expenditures. -
ANSWER Spending Plans
The primary unit of data in the Future Years Defense Program (FYDP) and normally
the smallest aggregation of resources controlled by the office of the Secretary of
Defense (OSD) is the ____________. - ANSWER Program Element
When both government and private funds are used in development efforts, the
contractor may be entitled to offer rights that allow the government to release
data only as part of the competition and not for commercial purposes are called
_______________ rights? - ANSWER Government Purpose
If a contractor is producing missiles for the Navy, on a non-commercial contract,
and the contractor fails to deliver them on time, the Navy has the right to: -
ANSWER Terminate the contract for default
A software-costing model that bases cost estimates upon statistical data such as
source lines of code is an example of a ________costing model. - ANSWER
Parametric
With respect to product improvements, if a modification will not cause an
increase in system performance, does not require extensive independent testing,
Questions Part 2 Questions and Correct
Answers (Verified Answers) | Graded A+ |
Latest Update 2025-2026
Total ownership cost, which includes the costs associated with research,
development, test and evaluation, procurement, military construction, military
personnel, operations and maintenance, and disposal of a system, is also known
as: - ANSWER Life Cycle Cost
In what type contract, does the contractor bear virtually all the financial risk? -
ANSWER Firm Fixed Price (FFP)
As a general rule of thumb, what percent of the total ownership costs of a mass-
produced system occur late in the life cycle, due to costs associated with
operations and support? - ANSWER 65-80%
All of the following are true of Below Threshold Reprogramming (BTR) actions,
EXCEPT ___________. - ANSWER Changes to the appropriation category
What method is generally preferred to resolve contract disputes because it saves
time, money, and preserves relationships between the parties? - ANSWER
Alternative Dispute Resolution (ADR)
Affordability is most concerned with: - ANSWER Making tradeoffs in
performance and schedule to achieve cost objectives within affordability
constraints.
, Which enactment process activity provides permission for a Federal program or
activity to begin or continue from year to year, but does not provide Budget
Authority to fund the program or activity? - ANSWER Authorization Bill
To minimize current and future funding risks, Program Management Offices use
__________________ to project and track obligations and expenditures. -
ANSWER Spending Plans
The primary unit of data in the Future Years Defense Program (FYDP) and normally
the smallest aggregation of resources controlled by the office of the Secretary of
Defense (OSD) is the ____________. - ANSWER Program Element
When both government and private funds are used in development efforts, the
contractor may be entitled to offer rights that allow the government to release
data only as part of the competition and not for commercial purposes are called
_______________ rights? - ANSWER Government Purpose
If a contractor is producing missiles for the Navy, on a non-commercial contract,
and the contractor fails to deliver them on time, the Navy has the right to: -
ANSWER Terminate the contract for default
A software-costing model that bases cost estimates upon statistical data such as
source lines of code is an example of a ________costing model. - ANSWER
Parametric
With respect to product improvements, if a modification will not cause an
increase in system performance, does not require extensive independent testing,
