AAPC PM Exam 1 questions with accurate answers
______ is a change to the contract Ans✓✓✓ Modification
______ is a change to the solicitation Ans✓✓✓ Amendment
A Capabilities Based Assessment (CBA) may be based on Ans✓✓✓ -
An approved Joint Concept
-A concept of operations (CONOPS)
-An identified operational need
Any remaining outlay requirements after funds have been canceled must
be paid for using current year funds Ans✓✓✓
AoA concepts Ans✓✓✓ -study of the operational effectiveness and
life-cycle cost of a program's alternatives
-mandatory for all programs
-based on information from the ICD
balances cost, schedule, and performance throughout the life cycle.
Ans✓✓✓ Robust Systems Engineering
CAIV is an acquisition process intended to integrate proven successful
business related practices with promising new DoD initiatives to obtain
superior, yet reasonably priced, warfighting capabilities Ans✓✓✓
,Capabilities Development Document Ans✓✓✓ Identifies operational
performance attributes necessary to design proposed system
Contract closeout occurs after ... Ans✓✓✓ the contract is physically
completed
Define a contract Ans✓✓✓ establishes a legal relationship between two
parties; defines the rights and responsibilities of each party: and allows
for changes within the terms and conditions of the legal relationship.
Define an acquisition program Ans✓✓✓ A directed, funded effort that
provides a new, improved, or continuing...
Materiel/Weapon/Information system/Service capability
...in response to an approved need
Define Appropriation Ans✓✓✓ Means of providing budget authority
for program funding
Define Budget Authority Ans✓✓✓ authority granted by appropriation
law to enter into obligations
Define Commitment Ans✓✓✓ administrative reservation of funds
Define Cost Estimation Ans✓✓✓ A judgment or opinion regarding the
cost of an object, commodity, or service
, Define Expenditure Ans✓✓✓ issuance of a Government check
Define IPPD Ans✓✓✓ Integrated Product and Process Development
(IPPD) is a management approach that integrates all activities from
product concept through production/deployment and support, i.e.
"Womb to Tomb"
Define Life Cycle Cost Ans✓✓✓ Life Cycle Cost is the total cost to the
Government for a system over its entire life, from beginning to end,
including Program Acquisition cost, Operating and Support cost, and
disposal costs
Define metric and know the three categories of metrics Ans✓✓✓ A
composite of meaningful, quantifiable product or process attributes that
communicates important information about the product or process (DoD
IPPD Handbook)
Process, Product, Progress
Define Negotiations Ans✓✓✓ the process of communicating back and
forth between parties searching for a solution that best meets each party's
needs.
Define Obligation Ans✓✓✓ legal reservation of funds
______ is a change to the contract Ans✓✓✓ Modification
______ is a change to the solicitation Ans✓✓✓ Amendment
A Capabilities Based Assessment (CBA) may be based on Ans✓✓✓ -
An approved Joint Concept
-A concept of operations (CONOPS)
-An identified operational need
Any remaining outlay requirements after funds have been canceled must
be paid for using current year funds Ans✓✓✓
AoA concepts Ans✓✓✓ -study of the operational effectiveness and
life-cycle cost of a program's alternatives
-mandatory for all programs
-based on information from the ICD
balances cost, schedule, and performance throughout the life cycle.
Ans✓✓✓ Robust Systems Engineering
CAIV is an acquisition process intended to integrate proven successful
business related practices with promising new DoD initiatives to obtain
superior, yet reasonably priced, warfighting capabilities Ans✓✓✓
,Capabilities Development Document Ans✓✓✓ Identifies operational
performance attributes necessary to design proposed system
Contract closeout occurs after ... Ans✓✓✓ the contract is physically
completed
Define a contract Ans✓✓✓ establishes a legal relationship between two
parties; defines the rights and responsibilities of each party: and allows
for changes within the terms and conditions of the legal relationship.
Define an acquisition program Ans✓✓✓ A directed, funded effort that
provides a new, improved, or continuing...
Materiel/Weapon/Information system/Service capability
...in response to an approved need
Define Appropriation Ans✓✓✓ Means of providing budget authority
for program funding
Define Budget Authority Ans✓✓✓ authority granted by appropriation
law to enter into obligations
Define Commitment Ans✓✓✓ administrative reservation of funds
Define Cost Estimation Ans✓✓✓ A judgment or opinion regarding the
cost of an object, commodity, or service
, Define Expenditure Ans✓✓✓ issuance of a Government check
Define IPPD Ans✓✓✓ Integrated Product and Process Development
(IPPD) is a management approach that integrates all activities from
product concept through production/deployment and support, i.e.
"Womb to Tomb"
Define Life Cycle Cost Ans✓✓✓ Life Cycle Cost is the total cost to the
Government for a system over its entire life, from beginning to end,
including Program Acquisition cost, Operating and Support cost, and
disposal costs
Define metric and know the three categories of metrics Ans✓✓✓ A
composite of meaningful, quantifiable product or process attributes that
communicates important information about the product or process (DoD
IPPD Handbook)
Process, Product, Progress
Define Negotiations Ans✓✓✓ the process of communicating back and
forth between parties searching for a solution that best meets each party's
needs.
Define Obligation Ans✓✓✓ legal reservation of funds
