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AATC PM Exam 1 Review Questions & Answers 2025/2026

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AATC PM Exam 1 Review Questions & Answers 2025/2026 Contracting Officer (KO) - ANSWERSPerson needs to verify that the appropriate amount of funding is available in the correct appropriation category before executing a contract modification based on the program manager needing to add onto an existing scope of work Planning-Programming-Budgeting System - ANSWERSPPBS stands for... Performance Trade-offs - ANSWERSCAIV also known as affordability, is about using cost to make these trade-offs to keep weapon system costs affordable Risk - ANSWERSThis metric is one of the statutory Milestone information requirements for a major capability acquisition program and is typically tied to meeting the program's exit criteria and enter into the next phase Budgeting Phase - ANSWERSThe key events that occur in this PPBE phase are: scrub budget year to prepare a defensible and detailed BES and culminates with the issuance of a resource management Escalation and Budgeting Phase - ANSWERSAllows programs to make predictions about future costs such as inflation and outlay rates for each year of a program in this phase of the PPB&E process Termination for Convenience - ANSWERSTerm allow the contractual right for the govt to unilaterally terminate a contract partially or completely without being required to pay damages -Industry

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AATC PM Exam 1 Review Questions &
Answers 2025/2026

Contracting Officer (KO) - ANSWERSPerson needs to verify that the appropriate amount of
funding is available in the correct appropriation category before executing a contract
modification based on the program manager needing to add onto an existing scope of work



Planning-Programming-Budgeting System - ANSWERSPPBS stands for...



Performance Trade-offs - ANSWERSCAIV also known as affordability, is about using cost to make
these trade-offs to keep weapon system costs affordable



Risk - ANSWERSThis metric is one of the statutory Milestone information requirements for a
major capability acquisition program and is typically tied to meeting the program's exit criteria
and enter into the next phase



Budgeting Phase - ANSWERSThe key events that occur in this PPBE phase are: scrub budget year
to prepare a defensible and detailed BES and culminates with the issuance of a resource
management



Escalation and Budgeting Phase - ANSWERSAllows programs to make predictions about future
costs such as inflation and outlay rates for each year of a program in this phase of the PPB&E
process



Termination for Convenience - ANSWERSTerm allow the contractual right for the govt to
unilaterally terminate a contract partially or completely without being required to pay damages



-Industry

, -DoD Organizations

-Universities - ANSWERSDoD relies on a combination of these three entities for the
development of science and technology to incorporate into acquisition programs



5 years - ANSWERSThe time period you can use expired funds for valid work performed on a
contract after the obligation period ends



Unauthorized Commitment - ANSWERSThis is an agreement that is not binding solely because
the government representative lacked the authority to enter into the agreement on behalf of
the government resulting in a change in performance beyond minimum contract requirements



RDT&E, Procurement, and Operations & Maintenance - ANSWERSThe production and
deployment phase requires these types of

funding?



Weapon System Cost and Flyaway Cost - ANSWERSThe procurement cost combines these two
costs



Objective and Simple Language - ANSWERSWhen providing a reclama to a proposed program
funding cut, the PM should use these two principles in the response



Programming Phase - ANSWERSComponents develop a POM in accordance with the DPG, turns

DPG into achievable and affordable packages over a 5-year program

(FYDP), and culminates with the issuance of a PDM/RMD are key events of which phase?



ICD (Initial Capabilities Document) - ANSWERSThe Acquisition Strategy is based on information
from the _______ such as functional areas, range of military operations, time, and key
attributes.

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