ACTUAL QUESTIONS AND CORRECTLY
WELL DEFINED ANSWERS LATEST
ALREADY GRADED A+
What are the appropriations that may be used to fund an
acquisition program? - ANSWERS-RDT&E, Procurement,
O$M, MILCON, and MILPERS
What is the term used to describe dollars shown in the life
cycle cost estimate wherin the effects of inflation are not
considered? - ANSWERS-Base year dollars or Constant year
dollars
What is the term used to describe dollars used for
programming and budgeting purposes wherin the effects of
inflation are considered? - ANSWERS-Then-year dollars or
Current year dollars
What cost structure does MIL-STD-881C represent? -
ANSWERS-Work Breakdown Structure (WBS)
, Which cost estimating method is based on direct
comparison with historical information of one similar
system? - ANSWERS-Analogy Method
Which cost estimating method requires extensive
knowledge of the product or process? - ANSWERS-
Engineering Approach
What are the methods/steps in conducting the Delphi
Technique? - ANSWERS-Query expert opinion; seek
supporting rationale or information from each expert;
summarize results; gather second opinion; continue
iteration until consensus or near-consensus is reached
What is the theory that as the quantity of output doubles,
the man-hours required to produce the quantity decreases
at a fixed rate? - ANSWERS-Learning Curve Theory
What is the name of the integrated management tool
intended to relate contractor actual performance on a
contract to the contractor's planned cost and schedule that
measures the work progress in objective terms and that