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Cdfm Module 4 Certification Evaluation Tested Questions Complete Answers.pdf

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CDFM MODULE 4 CERTIFICATION EVALUATION TESTED QUESTIONS COMPLETE ANSWERS.pdf

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CDFM MODULE 4 CERTIFICATION EVALUATION
TESTED QUESTIONS COMPLETE ANSWERS

◉ What acquisition process category(s) has an independent cost
estimate performed (by CAPE, in OSD) and prepared to check the
accuracy and objectivity of the estimate?
Answer: ACAT 1 & ID


◉ PPBE Planning Phase provides information to who?
Answer: SECDEF


◉ What are the 3 Quantifiable Benefits?
Answer: (1) Cost Savings
(2) Cost Avoidance
(3) Productivity Improvement


◉ Who/Where are Integrated Priority Lists submitted to?
Answer: (1) SECDEF
(2) Chairmain of Joint Chiefs of Staff and
(3) Military Department

,◉ Chairman of the Joint Chiefs of Staff is the principal military
advisor to?
Answer: (1) The President
(2) The national Security Council and
(3) The SECDEF


◉ What are the 8 steps to the Economic Analysis?
Answer: Objective, assumptions, constrains, alternatives, cost &
benefits, compare alternatives risk analysis, report results


◉ What is the Percentage Changes Formula?
Answer: (New#)-(Old#) divided by (Old#) x100


◉ What is the Unit Cost Calculation?
Answer: (Unit #) x (Learning Curve %)


◉ Correlation Coefficient ranges from _____________?
Answer: 0 to 1
0 = no correlation, 1= perfect correlation


◉ The QDR (strategic plan) is published by ___________?
Answer: SECDEF

,◉ What process sets realistic but aggressive cost objectives early in
acquisition program, performs cost performance analyses before
operational requirements are finalized, and empowers the user to
make effective choices by establishing trade-offs up front?
Answer: Cost as an independent Variable (CAIV)


◉ __________ is when funds are shifted within the same appropriation
(O&M to O&M). No statutory (Congress) authority required but
Congress sets a maximum limit.
Answer: Reprogramming


◉ Which Quantifiable Benefit is a reduction or elimination of some
future resource requirement and has not been included in an
approved program, budgeted for, and not yet in the POM?
Answer: Cost Avoidance


◉ What is the Coefficient of Variation looking for? The Higher or
Smaller value?
Answer: Smaller Value


◉ What is the Coefficient of Determination look for? Higher or
Smaller Value?
Answer: Higher Value

, ◉ The goal of the __________ is to improve federal program
effectiveness and public accountability, it is a strategic plan (QDR)
which must contain outcome related goals and objectives. Goals
should be objective, quantifiable and measurable (what are we going
to get as a result).
Answer: Government Performance & Results Act (GPRA)


◉ What is the Learning Curve Calculation?
Answer: (Small #) divided by (Large #)


◉ What are the Descriptive Statistics; Measures of Dispersion;
Standard Deviation; Normal Distribution?
Answer: (A) +/-1=68% of population
(B) +/-2= 95.5% of population
(C) +/-3 = 99.7% of population


◉ What is the Break Even Calculation?
Answer: Investment divided by Savings (savings = old cost minus
new cost)
Example: 100/25=4.
4 years to break even

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