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PMT 360 Exam 3 Comprehensive Questions (Frequently Tested) and Complete Solutions Graded A+

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PMT 360 Exam 3 Comprehensive Questions (Frequently Tested) and Complete Solutions Graded A+

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PMT 360 Exam 3 Quizlet
(Disclaimer: This is only a Study guide. Additional Studying is suggested)


1. Who gives grades by evaluating proposals against Source Selection Criteria
specified in Section M of the Request for Proposal?
Source Selection Evaluation Board
2. Who ranks the results of proposals evaluated against Source Selection
Evaluation Criteria?
Source Selection Advisory Committee

3. Who selects the winning proposal?
Source Selection Authority
4. The Contractor that provides best value after consideration of all factors in the
request for proposal (cost vs non-cost factors)
What is Best Value?
5. What is Value Adjusted Total Evaluated Price (VATEP)?
Monetized adjustments included in the Evaluated Price for specific enhanced
characteristics

What the Government is willing to pay for higher quality performance between threshold
and objective criteria?
6. Who determines if a higher rated technical offer is "worth" additional cost to
the Government?
Source Selection Authority
7. What is "Value"?
Identified and quantified in the RFP on Exceeding Threshold Performance up to (without
exceeding) Objective Performance
8. What term refers to what the Government is willing to pay for higher quality
performance between threshold and objective criteria?
Value Adjusted Total Evaluated Price (VATEP)

, 9. What are some benefits of oral proposals?
-Improved communications
-Reduced selection time
-reduces contractor proposal costs
10. What is the role of the Source Selection Authority?
-Approves Source Selection Plan (criteria, people, resources, procedures)

-Reviews recommendation of SSAC

-Selects Contractor

-Documents rationale for source selection determination
11. What is the role of the Defense Contract Management Agency in Source
Selection?
Provide information on Contractors' financial, organizational, and operational status
12. MDAs are authorized to implement streamlined procedures when.
There is a strong threat-based or operationally driven need to field a capability solution
13. What is the role of the Defense Contract Audit Agency in Source Selection?
Evaluate proposals for cost realism
14. Why does not attaining non-KPP performance parameters cause significant
concern?
Failure causes concern in the areas of reliability and maintainability since these factors
tend to drive operations, support costs, and system availability
15. What must be designed into the system and demonstrated prior to a
production decision?
Supportability and affordability
16. What is defined as the degree to which the life-cycle cost of an acquisition
program is in agreement with long-range modernization, force structure, and
manpower plans?
Affordability
17. What is Value Engineering?
An analysis of the functions of a program, project, system, product, item of equipment,
building, facility, service, or supply of an executive agency performed by a qualified

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