Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
1. What is the primary purpose of the Federal Acquisition Regulation (FAR)?
A) To provide guidelines for federal acquisitions
B) To manage federal human resources
C) To control agency budgeting
D) To administer employee benefits
Answer: A
Explanation: The FAR establishes policies and procedures to ensure that
government procurements are conducted in a fair, open, and competitive
manner.
2. Which branch of government is primarily responsible for executing the
federal acquisition process?
A) Judicial Branch
B) Executive Branch
C) Legislative Branch
D) Local Governments
Answer: B
Explanation: The Executive Branch is responsible for executing laws and
managing federal agencies, including their acquisition activities.
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
3. What is the main role of a Program and Project Manager in Federal
Acquisition?
A) Designing software applications
B) Overseeing the development and execution of acquisition strategies
C) Drafting legislation
D) Setting tax policies
Answer: B
Explanation: Program and Project Managers are tasked with planning,
executing, and managing the procurement process in alignment with federal
guidelines.
4. The FAC-P-PM certification primarily demonstrates knowledge in which
area?
A) Human resources management
B) Federal acquisition and project/program management
C) Financial accounting practices
D) Information technology development
Answer: B
Explanation: The certification validates a candidate’s understanding of federal
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
acquisition regulations, processes, and program/project management
techniques.
5. What legal document governs federal procurement procedures?
A) The Federal Register
B) The Federal Acquisition Regulation (FAR)
C) The Government Accountability Office Report
D) The U.S. Constitution
Answer: B
Explanation: The FAR is the authoritative guide outlining policies and
procedures for federal procurement.
6. Which of the following best describes a key characteristic of the federal
acquisition system?
A) It is decentralized and varies widely among agencies
B) It follows standardized procedures through the FAR
C) It applies only to defense-related projects
D) It is privately regulated
Answer: B
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
Explanation: Federal acquisition activities are standardized through the FAR
to ensure transparency and uniformity among agencies.
7. In the context of federal acquisition, what is the importance of ethical
considerations?
A) They reduce paperwork
B) They ensure fairness, prevent fraud, and maintain public trust
C) They primarily improve technical performance
D) They are optional best practices
Answer: B
Explanation: Ethical standards are essential to prevent conflicts of interest,
fraud, and abuse, thereby maintaining integrity in the acquisition process.
8. How does Congress influence the federal acquisition process?
A) By developing the FAR
B) Through appropriations and oversight legislation
C) By conducting contractor performance reviews
D) By managing daily procurement operations
Answer: B
Managers (FAC-P-PM) Exam
1. What is the primary purpose of the Federal Acquisition Regulation (FAR)?
A) To provide guidelines for federal acquisitions
B) To manage federal human resources
C) To control agency budgeting
D) To administer employee benefits
Answer: A
Explanation: The FAR establishes policies and procedures to ensure that
government procurements are conducted in a fair, open, and competitive
manner.
2. Which branch of government is primarily responsible for executing the
federal acquisition process?
A) Judicial Branch
B) Executive Branch
C) Legislative Branch
D) Local Governments
Answer: B
Explanation: The Executive Branch is responsible for executing laws and
managing federal agencies, including their acquisition activities.
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
3. What is the main role of a Program and Project Manager in Federal
Acquisition?
A) Designing software applications
B) Overseeing the development and execution of acquisition strategies
C) Drafting legislation
D) Setting tax policies
Answer: B
Explanation: Program and Project Managers are tasked with planning,
executing, and managing the procurement process in alignment with federal
guidelines.
4. The FAC-P-PM certification primarily demonstrates knowledge in which
area?
A) Human resources management
B) Federal acquisition and project/program management
C) Financial accounting practices
D) Information technology development
Answer: B
Explanation: The certification validates a candidate’s understanding of federal
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
acquisition regulations, processes, and program/project management
techniques.
5. What legal document governs federal procurement procedures?
A) The Federal Register
B) The Federal Acquisition Regulation (FAR)
C) The Government Accountability Office Report
D) The U.S. Constitution
Answer: B
Explanation: The FAR is the authoritative guide outlining policies and
procedures for federal procurement.
6. Which of the following best describes a key characteristic of the federal
acquisition system?
A) It is decentralized and varies widely among agencies
B) It follows standardized procedures through the FAR
C) It applies only to defense-related projects
D) It is privately regulated
Answer: B
, Federal Acquisition for Program and Project
Managers (FAC-P-PM) Exam
Explanation: Federal acquisition activities are standardized through the FAR
to ensure transparency and uniformity among agencies.
7. In the context of federal acquisition, what is the importance of ethical
considerations?
A) They reduce paperwork
B) They ensure fairness, prevent fraud, and maintain public trust
C) They primarily improve technical performance
D) They are optional best practices
Answer: B
Explanation: Ethical standards are essential to prevent conflicts of interest,
fraud, and abuse, thereby maintaining integrity in the acquisition process.
8. How does Congress influence the federal acquisition process?
A) By developing the FAR
B) Through appropriations and oversight legislation
C) By conducting contractor performance reviews
D) By managing daily procurement operations
Answer: B
