CDFM - Module 2(Latest Update 2024)Accurate 100%

CDFM - Module 2(Latest Update 2024)AccurA line chart is called what? - ANSWER Frequency Polygon 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) _ate 100%