FCR 110: INITIATING THE PROJECT IN
ACQUISITION PLANNING. EXAM
2025/2026 QUESTIONS AND ANSWERS
100% PASS
Acquisition - ANS The purchase or lease of supplies or services, by contract, for use by the
Federal Government.
Contracting Officer's Representative (COR) - ANS A person responsible for overseeing the
performance of a contract and ensuring compliance with its terms.
Federal Acquisition Regulation (FAR) - ANS A set of rules governing the acquisition process by
which agencies of the federal government of the United States acquire goods and services.
Acquisition Planning - ANS The process of determining the need for supplies and services and
planning the acquisition of those supplies and services.
Statement of Work - ANS A document that describes the work to be performed under a
contract.
Marketplace Analysis - ANS The process of researching and analyzing the market to identify
potential offerors and evaluate their capabilities.
Evaluation Factors - ANS Criteria used to assess the proposals submitted by offerors to
determine the best solution.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,Potential Offerors - ANS Individuals or organizations that may submit proposals in response
to a solicitation.
Acquisition Team - ANS A group of individuals responsible for managing the acquisition
process.
Government Acquisition - ANS The process by which government entities procure goods and
services.
Role of COR - ANS To support acquisition planning and ensure compliance with contract
terms.
Relationship to PM and CO - ANS The COR works closely with the Project Manager (PM) and
Contracting Officer (CO) to facilitate the acquisition process.
Publicizing Solicitation - ANS The process of announcing an upcoming acquisition opportunity
to attract potential offerors.
Contract - ANS A mutually binding legal relationship between a seller, or contractor, and a
buyer, or the Government.
Project Lifecycle - ANS The process through which a project develops from start to finish,
composed of six phases, each with its own specific tasks and outcomes.
Concept Definition - ANS The purpose of this phase is to analyze organizational objectives
and identify where there are gaps in your ability to meet those objectives. This is where
justification for a project occurs.
Concept Planning - ANS The phase where specific solutions and their requirements are
determined to meet project objectives, along with planning for execution.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,Development - ANS The phase that follows the project plan, focusing on creating the product
or solution and evaluating whether the outcome meets project objectives.
Implementation - ANS The phase during which the fully functional product or service is
deployed in a roll-out to the end user.
Operations & Maintenance - ANS The longest phase in the project lifecycle, where a support
system sustains the product cost-effectively and ensures performance requirements are met.
Closeout - ANS The final phase of the project lifecycle, where project work ends, and
documentation of project goals, objectives, and lessons learned occurs.
Acquisition Process - ANS The overall process in the Federal Government that includes much
more than just procuring goods and services.
Pre-award Phase - ANS The initial phase in the contracting process where needs are defined
and requirements are established.
Contracting Officer's Representative (COR) - ANS A role within the contracting process
responsible for overseeing contract performance and ensuring compliance.
Project Objectives - ANS The goals that a project aims to achieve throughout its lifecycle.
Acquisition Lifecycle - ANS The complete process that includes all phases from pre-award to
contract closeout.
Specific Solution - ANS The defined approach or method determined during the concept
planning phase to meet project objectives.
Project Tasks - ANS The specific activities that need to be completed in each phase of the
project lifecycle.
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Project Governance - ANS The framework and processes that guide the execution of
projects, programs, and contracts.
Federal Agencies - ANS Organizations within the Federal Government that may have varying
project lifecycles.
Budget Allocation - ANS The process by which an agency contributes to its portion of the
President's annual budget.
Procurement - ANS The act of obtaining goods and services, which is a key part of the
contracting process.
Pre-award Phase - ANS Acquisition planning, issuing the solicitation, and source selection
occur during the Pre-award phase.
Postaward Phase - ANS During the postaward phase, the Government and the contractor
meet and prepare to implement the contract.
Contract Management Phase - ANS The contractor provides the agreed-upon
supplies/services during the contract management phase.
Contract Closeout - ANS The Government provides final acceptance and payment, and
submits the contractor performance evaluation during closeout.
Federal Acquisition - ANS Federal acquisition is governed by public policy and legislation,
starting at the highest levels of Government and flowing down through the agencies to the
acquisition workforce.
Laws - ANS Give overall direction to the acquisition function.
4 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
ACQUISITION PLANNING. EXAM
2025/2026 QUESTIONS AND ANSWERS
100% PASS
Acquisition - ANS The purchase or lease of supplies or services, by contract, for use by the
Federal Government.
Contracting Officer's Representative (COR) - ANS A person responsible for overseeing the
performance of a contract and ensuring compliance with its terms.
Federal Acquisition Regulation (FAR) - ANS A set of rules governing the acquisition process by
which agencies of the federal government of the United States acquire goods and services.
Acquisition Planning - ANS The process of determining the need for supplies and services and
planning the acquisition of those supplies and services.
Statement of Work - ANS A document that describes the work to be performed under a
contract.
Marketplace Analysis - ANS The process of researching and analyzing the market to identify
potential offerors and evaluate their capabilities.
Evaluation Factors - ANS Criteria used to assess the proposals submitted by offerors to
determine the best solution.
1 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,Potential Offerors - ANS Individuals or organizations that may submit proposals in response
to a solicitation.
Acquisition Team - ANS A group of individuals responsible for managing the acquisition
process.
Government Acquisition - ANS The process by which government entities procure goods and
services.
Role of COR - ANS To support acquisition planning and ensure compliance with contract
terms.
Relationship to PM and CO - ANS The COR works closely with the Project Manager (PM) and
Contracting Officer (CO) to facilitate the acquisition process.
Publicizing Solicitation - ANS The process of announcing an upcoming acquisition opportunity
to attract potential offerors.
Contract - ANS A mutually binding legal relationship between a seller, or contractor, and a
buyer, or the Government.
Project Lifecycle - ANS The process through which a project develops from start to finish,
composed of six phases, each with its own specific tasks and outcomes.
Concept Definition - ANS The purpose of this phase is to analyze organizational objectives
and identify where there are gaps in your ability to meet those objectives. This is where
justification for a project occurs.
Concept Planning - ANS The phase where specific solutions and their requirements are
determined to meet project objectives, along with planning for execution.
2 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
,Development - ANS The phase that follows the project plan, focusing on creating the product
or solution and evaluating whether the outcome meets project objectives.
Implementation - ANS The phase during which the fully functional product or service is
deployed in a roll-out to the end user.
Operations & Maintenance - ANS The longest phase in the project lifecycle, where a support
system sustains the product cost-effectively and ensures performance requirements are met.
Closeout - ANS The final phase of the project lifecycle, where project work ends, and
documentation of project goals, objectives, and lessons learned occurs.
Acquisition Process - ANS The overall process in the Federal Government that includes much
more than just procuring goods and services.
Pre-award Phase - ANS The initial phase in the contracting process where needs are defined
and requirements are established.
Contracting Officer's Representative (COR) - ANS A role within the contracting process
responsible for overseeing contract performance and ensuring compliance.
Project Objectives - ANS The goals that a project aims to achieve throughout its lifecycle.
Acquisition Lifecycle - ANS The complete process that includes all phases from pre-award to
contract closeout.
Specific Solution - ANS The defined approach or method determined during the concept
planning phase to meet project objectives.
Project Tasks - ANS The specific activities that need to be completed in each phase of the
project lifecycle.
3 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
, Project Governance - ANS The framework and processes that guide the execution of
projects, programs, and contracts.
Federal Agencies - ANS Organizations within the Federal Government that may have varying
project lifecycles.
Budget Allocation - ANS The process by which an agency contributes to its portion of the
President's annual budget.
Procurement - ANS The act of obtaining goods and services, which is a key part of the
contracting process.
Pre-award Phase - ANS Acquisition planning, issuing the solicitation, and source selection
occur during the Pre-award phase.
Postaward Phase - ANS During the postaward phase, the Government and the contractor
meet and prepare to implement the contract.
Contract Management Phase - ANS The contractor provides the agreed-upon
supplies/services during the contract management phase.
Contract Closeout - ANS The Government provides final acceptance and payment, and
submits the contractor performance evaluation during closeout.
Federal Acquisition - ANS Federal acquisition is governed by public policy and legislation,
starting at the highest levels of Government and flowing down through the agencies to the
acquisition workforce.
Laws - ANS Give overall direction to the acquisition function.
4 @COPYRIGHT 2025/2026 ALLRIGHTS RESERVED
