Cdfm 2.2

Front 1

What is the management process that guides all DOD aquistion programs?

Back 1

Defense Acquistion System

Front 2

What is the systematic approach to choosing the best method of allocating scarce resources to achieve a given objective?

Back 2

Economic Analysis

Front 3

Under the Economy Act agreement, what must be done with funds that are unused when the ordering appropriation expires?

Back 3

Returned to the sender

Front 4

What document is the broad, time phased, operational goals, and a description of the required capabilities to address a specific gap?

Back 4

Initial Capabilities Document

Front 5

The analysis of the Initial Capabilities Document address what?

Back 5

Material and non-material solutions.

Front 6

The planning of O&S should begin prior to the program initiation and shall be documented where?

Back 6

Life Cycle Support Plan

Front 7

What acquisition is achieved through the Incremental Development process and requires collaboration among the warfighter?

Back 7

Evolutionary

Front 8

What is the formula for discounting?

Back 8

PVF = 1/(1+d)^n

Front 9

When is economic analysis required?

Back 9

>$1M

Front 10

Correlation Coefficient Measures what?

Back 10

degree of relationship between two or more variables

Front 11

The middle value in a list of number that divides arrayed sample of data in half?

Back 11

median

Front 12

What are some of the CAIV factors?

Back 12

1) Manage risks
2)Set realistic but aggressive cost objectives
3) Motivate Government and industry managers to achieve program objectives
4) Not an open system

Front 13

Program Acquistion Unit Cost (PACU) equals?

Back 13

total cost for development, procurement, and military construction divided by # fully configured end items

Front 14

Acquisition Procurement Cost Unit (APCU) equals?

Back 14

total funds programmed to be available for obligation for procurement divided by # fully configured end items

Front 15

What is a timed-phased schedule that serves as a tool for time phasing work and assessing techincal performance?

Back 15

Integrated Master Schedule

Front 16

What are the 3 linking factors critical to the sucess of any EVMS?

Back 16

Cost
Schedule
Performance

Front 17

What estimate is known as estimating the life cycle of his/her acquistion program?

Back 17

Program Office Estimate

Front 18

What estimate is done by the Component Analysis Agency?

Back 18

Componenet cost Estimate

Front 19

What are the key costs reflected in the Economic Analysis?

Back 19

Present Value

Front 20

What is the primary basis of an EA?

Back 20

the comparision of estimated costs against anticpated benefits

Front 21

All cost and benefits are adjusted to ______by using given discount factors to account for the time vlaue of money?

Back 21

Present Value

Front 22

What is a mean of translating resource requirements associated with programs, projects, and processes, into estimated dollars?

Back 22

Cost Estimating

Front 23

What approach is based on direct comparision with historical information of similar existing activities, systems, or components?

Back 23

Analogy approach

Front 24

What approach uses actual costs contracted for or actually incurred on the same system during an earlier period?

Back 24

Actual approach

Front 25

What is the result of actual reduction of an approved program if the benefits occurs during the POM period?

Back 25

Cost Savings

Front 26

What is the reduction or elimination of some future resources requirement. If a purchase of certain hardware has not been included in an approved program but the preferred alternative does not require its purchase?

Back 26

Cost avoidance

Front 27

At what level is sunk costs provided in?

Back 27

Cost element level

Front 28

Estimates prepare in constant dollars_____ show the changing spending power of the dollar over time

Back 28

do not

Front 29

NPV equals

Back 29

total PV benefits minus total PV costs

Front 30

The break even point or payback does not consider the time value of money?

Back 30

True

Front 31

What is the most commonly used decision making when projects are high risk and its is desirable to recover investment cost quickly?

Back 31

Break Even analysis

Front 32

Which type of contract does the Government bears significant risks?

Back 32

Cost re-imbursement contract

Front 33

Which contracts provides for a firm price or in appropriate cases, an adjustable contract?

Back 33

Fixed Price Contract

Front 34

What is the comparison of actual performance against an established baseline plan.

Back 34

Contractor Performance measurement

Front 35

What is the monthly report prepared by the contractor which assess his performance according to his planned cost and schedule?

Back 35

Contract Performance Report

Front 36

What is an integrated tool that relates technical performance to its associated cost and schedule, measures the work progress in objectible terms, and states the value of the work completed in dollars?

Back 36

EVM

Front 37

Which type of contract does the Government bears significant risks?

Back 37

Cost re-imbursement contract

Front 38

Which contracts provides for a firm price or in appropriate cases, an adjustable contract?

Back 38

Fixed Price Contract

Front 39

What is the comparison of actual performance against an established baseline plan.

Back 39

Contractor Performance measurement

Front 40

What is the monthly report prepared by the contractor which assess his performance according to his planned cost and schedule?

Back 40

Contract Performance Report

Front 42

Budgeted of work Performed (BCWP) minus the Actual Cost of Work Performed?

Back 42

Cost Variance

Front 43

BCWP minus BCWS

Back 43

Schedule Variance

Front 44

GANTT

Back 44

Are better at displaying the schedule and resources used in a project.
1. lay out the project in order
2. Allows the manager to assess how long a period should take
3. Manage dependencies between tasks
4. Determine task and needed resources

Front 45

PERT

Back 45

1. Identify activities and milestones
2. Determine the proper sequence of the activities
3. Construct a network diagram
4. Estimate the time required for activities

Front 46

What is the three part test of a necessary expense doctrine?

Back 46

1. The expenditure must bear logical relationship to the appropriation
2. must not be prohibited by law
3. must not be otherwise provided for.

Front 47

What are the three processes in the DoD that must work together to deliver the capabilities required by the warfighters

Back 47

capabilities evaluation process; the acquisition process; and the PPBE

Front 48

What system is based on a series of top-down analysis ultamately derived from formal strategic-level guidance, including the NSS, NMS, and the QDR?

Back 48

JCIDS

Front 49

What are the two important decisions made at milestone B in the EMD?

Back 49

1. The quantity of the low rate initiation production
2. whether advance procurement will be requested when the system enters into production

Front 50

During this phase, the program also achieves its Fully Operational Capability, which occurs when the total quanity of operational items is deployed to the warfighter user?

Back 50

Operations and Support

Front 51

These are intiatives proposed by USD AT&L to reduce acquisition costs and streamline the process in concert with the effort by SECDEF to reduce costs in the DOD?

Back 51

Acquistion Policy Objectives

Front 52

Where are decisions documented in Milestone C once the MDA makes a decision to commit DOD to production?

Back 52

Acquisition Decision Memorandum

Front 53

What sets forth mandatory procedures for all defense technology projects and acquisition programs?

Back 53

Operation of the DoD Acquisition System. 5000.02

Front 54

Title 10, U.S. Code, designated the highest level Defense acquisition program as what?

Back 54

Major Defense Acquisition Program

Front 55

Who defines the Major Automated Information Systems?

Back 55

Assistant Secretary of Defense for Networks and Information Integration.

Front 56

Who does the CIO delegates milestone decisions authority for ACAT IAC?

Back 56

Component Acquisiton Executive (CAE) or Component CIO

Front 57

What are the three life cycle cost estimate for ACAT 1 programs?

Back 57

Program Office Estimate, Component Cost Estimate, and Independent Cost Estimate.

Front 58

An economic analysis is intially prepare in constant base year dollars and presents a differential cost display by year over the project's expected economic life beginning with?

Back 58

the budget first year for which investment funds are needed for any alternative, and ending when the alternative with the greatest economic life ceases to produce benefits.

Front 59

What cost are past expenditures from prior fiscal year?

Back 59

Sunk Cost

Front 60

What dollars are expressed in the value of the year in which a cost is expected to occur?

Back 60

Current dollars

Front 61

What is the approach that includes all elements of the system from cradle to grave.

Back 61

total system approach

Front 62

What are the 3 ways to look at LCC

Back 62

WBS, APN Category, and Cost category

Front 63

What is the key document used by all analysis performing life cycle cost estimate?

Back 63

Cost Analysis Requirment Document