CDFM 2.2

_ = total cost for development, procurement, or military construction of end item / number of end items

Life cycle cost (LCC) = total cost to the gov't of program over life, including R&D, testing, production, _ (select all)

All decisions are documented in the Acquisition Decision Memorandum (ADM)

EVM integrates technical work scope, cost & schedule objectives into a single the Performance Measurement Baseline (PMB)

Type 2 method...given time to produce unit + "doubled" production units, find learning curve rate

Tells us things about the specific collection of data we have gathered. Does not forecast/project or offer implications

Economic analysis is a systematic approach to the problem of choosing the best method of allocating scarce resources to

The MDA designates MAIS programs as either ACAT IAM (when MDA at DoD level) or ACAT IAC (when MDA at Component level)

Parametric approach (statistical method/top down method) includes:

Match the Acquisition Phase to the Type of Primary Funding - Production and Deployment

Due to potential financial risks in _ above a specific dollar value, the gov't uses _

An analysis should rarely, if ever, provide sole basis on approving/disapproving a program because an analysis will not:

Major Defense Acquisition Programs (MDAP) = ACAT I

Non-quantifiable EA benefits are subjective in nature, yet can make a positive contribution to the analysis, including:

For ACAT II, ACAT III and ACAT IC programs, normally only the _

To authorize entry into the Engineering & Manufacturing Development phase. Program initiation usually occurs.

Gaps in the military warfighting capabilities are assessed and potential solutions to resolve those gaps are identified

Describes a collection of quantitative information in a way that is easy to understand and interpret

The learning curve theory takes into consideration cost for materials

Engineering approach = "bottom up" method that is most detailed and most costly to implement. Which is true?

Methods used to examine a population sample & make inferences about entire population based on sample data analysis

A reduction or elimination of some future resource requirement

USD(AT&L) could designate any other automated information system as ACAT IA

The result of comparing Actual Cost of Work Performed (ACWP) to the Budgeted Cost of Work Performed (BCWP)

Number between -1 and 1 which measures the degree to which 2 variables are linearly related. 1 = positive, -1 = negative

A reduction in future personnel time & effort requirements associated w/a function or assigned task included in a prgrm

Arrangements of values that show the number of times that a given value occurs. Histograms & frequency polygons.

Fixed-price contracts:

Examines alternative concepts to meet stated mission. Authorizes entry into the Technology Development phase.

Initial cost estimate normally done the Program Management Office responsible for the acquisition program

APB most important parameters = thresholds not met would cause MDA reevaluation of alternative design approach concepts

Type 1 method for learning curve calculation...given time + learning curve rate, determine labor time/cost

Results in the actual reduction of an approved program if the benefit occurs during the POM period.

If the budget for the work performed is greater than the budget for the work scheduled, the result is _

If actual costs incurred are less than budgeted costs for the work completed, the cost variance is _

A Defense acquisition program is a _ that has been determined to be best satisfied by a _ rather than by a _

PERT planning involves which of the following minimum steps?

When estimates are used for programming and budgeting, they must be adjusted for inflation

Reveals how data are grouped and what is typical about them. Most common measures are mean, median and mode

Match the Acquisition Phase to the Type of Primary Funding - Technology Development

The result of comparing the Budgeted Cost of Work Scheduled (BCWS) to the Budgeted Cost of Work Performed (BCWP)

_ is the management process that guides all DoD acquisition programs

DoD Directive 5000.01 - The Defense Acquisition System - describes 5 overarching policies that govern all DoD acq. prgms

Analysis of Alternative (AoA) = to assess the potential material solutions to satisfy capability need from approved ICD

Program Evaluation and Review Technique (PERT) is a method to analyze the multiple tasks/activities within a project

Present Value Factor (PVF) = 1 / (1+d)^t...d = discount rate, t = project year

"D" & "C" in ACAT ID/ACAT IC = level of Milestone Decision Authority (MDA) resides. D = Defense lvl. C = Component lvl

An EA is initially prepared in constant base year (present value) dollars and

Both describe comparisons of items or individuals in one category to items or individuals in all categories

AoA provides sufficient information about the cost of alternatives to determine the most affordable one

Match the Acquisition Phase to the Type of Primary Funding - Material Solution Analysis

Expressed in the value of the year in which a cost is expected to occur, and therefore reflect the effect of inflation

The square of "r"/the square of the correlation coefficient, and tells us how reliably the data falls on best fit line

After several months of contract performance, _ to determine a potential trend for cost and schedule variance

The PERT chart displays the critical path & interdependency of tasks in the project/contract better than a Gantt chart

Quantifiable benefits can be assigned a numeric value, such as dollars, physical count of tangible items, or % of change

Acquisition categories (ACAT) are established to determine the level of management review, decision authority and _

The total system approach includes all of the elements of the system from cradle to grave

Solution requires division of the hours of the doubled unit by the hours of the previous unit

For ACAT I programs, there are normally _ life cycle cost estimates prepared

_ is the DoD's principal resource management process.

Solution requires multiplication of hours to produce the given unit by the learning curve rate

Which of the following is an element of DoD Directive 5000.01?

The Federal Contracting process is governed by which of the following?

All costs and benefits are adjusted to "present value" by using discount factors to account for the time value of money

For ACAT categories: _ number indicates the _ level of category

Third cost estimate of ACAT ID program normally done at OSD level by Director, Cost Assessment and Program Eval (D.CAPE)

MIL-STD-881C define the general WBS elements by commodity

Measures the amount of dispersion expressed as a decimal or a percentage

Indicates how data are distributed as a whole. Most common measures are range and standard deviation

Expert opinion = subjective judgement of an experienced individual or group. Highly uncertain & low confidence rating

_ provides the acquisition workforce with discretionary best practices that may be tailored to program needs

ACAT designation determines the level of review and types of decision maker involved in the program

An economic analysis (EA) is prepared using net present value (NPV) basis in compliance with DoD/component/prgm guidance

An Initial Capabilities Document (ICD) = broad, time-phased, operational goals, and description of req. capabilities

WBS method of grouping life cycle costs of greatest interest to program manager & chief engineer of acquisition prgrm

Acquisition programs shall tailor a program WBS IAW guidance in MIL-STD-881C

Cost estimating methods include:

If the budget for the work performed is less than the budget for the work scheduled, the result is _

Estimates should be prepared in constant dollars for the year after the calendar year when estimate will be completed

(1) Measures of Central Tendency (2) Measures of Dispersion (3) Frequency Distribution (4) "Skewed" Distribution

Work Breakdown Structure (WBS) = framework for program and technical planning, cost estimating, and _

The Acquisition Program Baseline (APB) documents cost, schedule, performance objectives & thresholds from prgrm start

DoD 5000.75 governs the requirements and acquisition process for defense business systems across DoD (non-MDAP prgms)

_ = total of procurement funds available for obligation / number of fully-configured end items to be procured

AoA required for ACAT I and ACAT IA acquisition programs at major milestone decision points

As with ACAT I programs, ACAT IA programs also have two sub-categories. M = Defense & C = Component (MDA lvl)

Second cost estimate normally done by the Service Cost Analysis Agency (considered independent of the acquisition CoC)

ACAT IA is a Major Automated Information System (MAIS) program

The Performance Assessments and Root Cause Analyses (PARCA) evaluates the utility of performance metrics used to measure

Match the Acquisition Phase to the Type of Primary Funding - Operation and Support

Learning curve theory = as QTY of a product made doubles, manhours per unit expended decreases at a fixed rate (10%-20%)

Authority approves the acquisition strategy, exit criteria for low rate initial production/limited deployment

Which of the following is true of ACAT IAM?

Engineering approach includes which of the following?

Expenditures from prior fiscal years. Must be provided in documentation at the cost level. Costs excluded from EA

_ is based on a series of top-down analyses ultimately derived from formal strategic-level guidance

The WBS should:

Acquisition programs include which of the following?

_ updates policy for the management of all acquisition programs IAW DoD Directive 5000.01 and OMB Circular A-11

The smaller the value, the better the predictability

Based on trend analysis, _ favorable or unfavorable cost/scheduled variances upon completion of contracted work effort

Each milestone is a decision point evaluated by both the JROC and Milestone Decision Authority (MDA)

Tail in graph/chart falls off to the negative direction

Earned Value Management (EVM) is an integrated tool that relates technical performance to its associated cost and _

Good AoA ensures the best, most affordable alternative material solution is selected among the potential solutions

Actual cost approach = actual cost data of same system. This approach also includes which of the following?

Cost-reimbursement contracts:

A _ is a product-oriented family tree composed of hardware, software, services, data & facilities that _ to be developed

The FAR gives guidance in contracting, and requires that contracts adhere to the concept of

OMB is responsible for developing inflation guidance by appropriation for government estimates

Break-even Point... Investment/Savings (per year) = X years

The purpose of EVM is to ensure sound planning and resourcing of all tasks required for successful contract performance

Match the Acquisition Phase to the Type of Primary Funding - Engineering and Manufacturing Development

DoD 5000.02 specifies ACAT criteria and identifies the Milestone Decision Authority (MDA) for each ACAT

OMB distributes this inflation guidance (OMB Circular A-94) every January

The greater the value, the stronger the relationship between the two variables

Life cycle costs fall into which of the following appropriation categories?

The Gantt chart is better at displaying the schedule & resources used in a project than is the PERT method

Quantifiable benefits include:

Life cycle cost categories include:

Parametric approach= physical attributes/performance characteristics and their relationships to component costs

Tail in graph/chart falls off to the positive direction

The determination of what constitutes a _ is based on experience, scope, and complexity of work, risk and visibility

When future costs are stated in current year $$$, figures given = amounts to be programmed under full funding concept

The result of having the effects of inflation removed. Help the analyst determine true cost.

The major steps in EA preparation are 1) establish objective 2) formulate assumptions 3) identify constraints...

Analogy approach = direct comparison w/historical info of a similar activity, system or component. Which is true?

If actual costs incurred are greater than budgeted costs for the work completed, the cost variance is _

There are normally 3 life cycle cost estimates for ACAD ID & ACAT IAM programs. Which of the following is a program lvl?

Which of the following is true of ACAT I programs?

Performance measurement = comparison of actual performance against an established baseline plan