ACQ Module 2

ACQ Module 2 Exam Pt 2 A _______ is an aggregation of program elements that reflects a macro-level force mission or support mission of DOD. ️Major Program (MP). a cost reimburstment type contract that was valued at $40M would require intergrated program management data and analysis report (IPMDAR) formats 1,5,6, and 7 ️False an 8a small disadvantaged business graduates from the 8a program after ️9 for dod computer-based systems such as automated information systems and command and control systems, standard information technology interfaces are defined in the ️JITC If risks are not managed or mitigated, they may lead to many undesirable outcomes in terms of quality management such as: (Select the three that apply) ️-Cost overruns or delays for current contracts -Costs escalation for future contracts -Products that may not meet customer needs If the Government has funded the entire development of an item, the Government is entitled to _____ rights. ️Unlimited In a ________ type of contract, the contractor bears virtually all the financial risk associated with procurement. ️-Firm fixed price In the Planning, Programming, Budgeting and Execution (PPBE) process, one result of the programming activities is the __________ ️-Program Objectives Memorandum (POM) incremental funding policy applies to the ____ appropriation category and states that _______ ️RDT&E; DoD is to fund the total costs incurred to develop and test a given quantity of useable end items responsibility for awarding the contract and any modifications for government contracts rests with the _____. ️Contracting Officer software is an area not subject to interoperability issues ️True The contract funds status report captures funding and expenditure data that the Program Manager and business managers to make funding decisions ️True The deputy secretary of defense documents his/her decisions about Component (Service/Agencies) proposals for allocating resources in the ________. The components then revise their programs to be consistent with his/her decisions in the document ️RMD The Government must conduct appropriate market research before soliciting offers from potential contractors. Various IPT members can participate. Cost analysts can provide input on_______________________________. ️proper contract pricing information using the capability maturity model integration for development, an organization whose process improvement capabilities were well ️Level 3 What is the Government's basic purpose of using the Capability Maturity Model Integration (CMMI) and the associated Standard CMMI Appraisal Method for Process Improvement (SCAMPI) assessment process? ️To rate potential software developers on their ability to produce software at a predicted cost and schedule using a four-level capability scale and a five-level maturity scale. When financial managers adjust for cost inflation in programming and budgeting, they usually: ️Prepare initial estimates in base-year (constant) dollars and escalate costs into then-year (current) dollars With regard to exceptions to the full funding policy, _________ funds are