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1) Which test would a contractor conduct on a software item before they integrate it
with hardware? [Distinguish among various types of Developmental Test and Evaluation
(DT&E) (e.g., Production Qualification Tests, Production Acceptance Test and Evaluation, etc.).]
Component
Testing
Environmental
Testing
Production Qualification
Testing
Production Acceptance Test and
Evaluation
2) To minimize current and future funding risks, Program Management Offices use
__________________ to project and track obligations and expenditures. [Identify the
use and importance of obligation and expenditure plans.]
Spending
Plans
Life Cycle Sustainment
Plans
Acquisition
Plans
, Fielding
Plans
3) The Comptroller's administrative reservation of funds for a specific purpose is
referred to as a(n): [Given a scenario, track budget execution through the commitment,
obligation, and expenditure process.]
Commitme
nt
Expenditur
e
Obligatio
n
Outla
y
4) What is your assessment about a program with a Cost Performance Index (CPI) of
0.65? [Given performance data, detect and analyze the impact of significant problem areas, based
on the status indicators.]
The project is costing more than expected, and the contractor may need
additional funds.
The project is performing efficiently in regard
to cost.
The project is ahead of schedule, but we will need
additional funds.
The project is only 65% complete at this point in time.
5) The Earned Value Management (EVM) _________________ reveals how much it will cost
to complete the program based on current program status.
[Recognize the importance of Earned Value data in external reporting.]
Estimate at Completion
(EAC)
Budget at Completion
(BAC)
Budgeted Cost of Work Performed