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Exam (elaborations)

FAM104 – DAU Acquisition Fundamentals – Full Exam Review (Modules 1–9) with Accurate Questions and Answers

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This document provides a complete review of modules 1 through 9 from the FAM104 course, designed for Defense Acquisition University learners. It includes accurate exam questions and answers on key acquisition concepts such as project management definitions, stakeholder analysis, Work Breakdown Structure (WBS), scheduling techniques (CPM, PERT, Monte Carlo), Acquisition Strategy, JCIDS, Capability-Based Assessments (CBA), and cost estimating methodologies. Also addressed are acquisition phases, decision points, DoD pathways, program deviation, and mandatory KPPs. Ideal for foundational certification prep or new acquisition professionals.

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FAM104 1-9 questions with accurate answers
Identify the purpose of an acquisition decision memorandum (ADM)
and program Baseline (APB) Ans✓✓✓ ADM: Record milestone
decisions and provide additional direction for the program.


APB: Documents a program's cost, schedule, and performance baselines.


L2: Define "project success" Ans✓✓✓ Cost: Meets forecasted
estimates


Schedule: Delivered according to approved schedule


Performance: Meets customer's expectations


L2: Define Project Management Ans✓✓✓ (FOOTSTOMP) PMBOK:
the application of knowledge, skills, tools, and techniques to project
activities to meet project requirements


DAU: the process whereby a single leader exercises centralized
authority and responsibility for planning, organizing, staffing,
controlling, and leading the combined efforts of participating/assigned
civilian and military personnel and organizations, for the management of
a specific defense acquisition program or programs, through
development, production, deployment, operations, support, and disposal.

,TEXTBOOK: a discipline using skills, tools and techniques to develop,
execute, ad manage project plans in order to meet project requirements.


L2: How to analyze stakeholders Ans✓✓✓ High Power; Low Interest:
Secondary stakeholder; keep satisfied


High Power; High Interest:
Primary Stakeholder; Manage Closely


Low Power; High Interest:
Secondary Stakeholder; Keep informed


Low Power; Low Interest:
Other Stakeholder; Monitor


L2: Identify how a project manager can manage stakeholders Ans✓✓✓
Project success defined differently by different stakeholders


Tactics for managing stakeholders:
-Internal: give direction, manage upward
-external: influence via solid plan, facts, logic
-Exercise chain of command when necessary

, L2: Identify key stakeholder management documents Ans✓✓✓
Acquistion strategy:
-Comprehensive plan to describe the acquisition approach
-Ensure all stakeholders understand and agree.


Responsibility Matrix


Communication Plan
-How, when, and by whom information will be shared


L2: Identify the four overarching skill areas in which a project manager
must be knowledgeable Ans✓✓✓ 1. Executive leadership: competent in
leading change, people, managing results, and having an enterprise-wide
perspective


2. Program execution: Management of a defense program covering
every aspect of the acquisition process & managing all functionals


3. Technical Management: Application of current technology,
acquisition practice, and design considerations in acquiring &
maintaining large complex systems


4. Business Management: The oversight of controlling, leading,
monitoring, organizing, and planning for the business success of a
program

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