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Business Ans✓✓✓The Major areas of risk in an acquisition program
strategy are technical, programmatic, and
Technical performance measures Ans✓✓✓This technique compares
planned or estimated values of designated performance parameters with
achieved values, as the parameter moves towards a goal
Cost, Schedule, and Performance Ans✓✓✓Three risk consequence
categories used during the materiel solution analysis phase to analyze
technical approaches are
Prevent Ans✓✓✓A technical performance measures actual results are
trending below the lower tolerance and can ___ a system from being
operationally effective and suitable.
Technical risk category Ans✓✓✓Technical performance measures are
used to assess the _____
Contract fund status report (CSFR) Ans✓✓✓A _____ is issued to
provide a snapshot of contracting funding, expenditures, billings, and
termination liability which relates earned value management information
to funding information
, responsiveness to change Ans✓✓✓Lean manufacturing has two main
principles; minimize waste and
minimize waste Ans✓✓✓Lean manufacturing has two main principles:
Responsiveness to change and
Over and behind Ans✓✓✓Negative cost and schedule variances means
the contractor is _____ on budget and ____ on schedule
Under budget, behind schedule, efficient on cost, and inefficient on
schedule. Ans✓✓✓A project with a cost variance that is positive, a
schedule variance that is negative; a cost performance index of 1.03, and
a schedule performance index of .98. The appropriate cost and schedule
status is
BCWP-ACWP Ans✓✓✓What is the equation to determine cost variance
reduction of variability in the production process. Ans✓✓✓Methods to
control manufacturing cost include lean manufacturing, stability in the
manufacturing process and
lean manufacturing Ans✓✓✓Methods to control manufacturing cost
include ________, stability in the manufacturing process and reduction
of variability in the production process.