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AATC PM EXAM 3 QUESTIONS AND CORRECT DETAILED ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED A+||BRAND NEW

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Business AnsThe Major areas of risk in an acquisition program strategy are technical, programmatic, and Technical performance measures AnsThis technique compares planned or estimated values of designated performance parameters with achieved values, as the parameter moves towards a goal Cost, Schedule, and Performance AnsThree risk consequence categories used during the materiel solution analysis phase to analyze technical approaches are Prevent AnsA technical performance measures actual results are trending below the lower tolerance and can ___ a system from being operationally effective and suitable.

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AATC PM EXAM 3 QUESTIONS AND CORRECT DETAILED
ANSWERS (VERIFIED ANSWERS) |ALREADY GRADED
A+||BRAND NEW
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.

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