CON 200 - Mods 3 & 4 Exam (DAU)
By focusing on the downside of risk, programs may overlook opportunities that provide
possibilities for innovation. As opportunities emerge, the program can shift focus toward
understanding how to take advantage of opportunities while continuing to manage risks.
Opportunity management measures program improvement in terms of what two things?
- Correct Answer-Likelihood and benefits
You have been given a requirement to purchase the last lot of a jet aircraft. The
requirements are already being developed for the next generation jet that will be the
successor to this aircraft. This aircraft has been successfully deployed for many years
and you are working with your customer to develop a risk management plan for this final
lot. Why is risk management an important part of this acquisition? - Correct Answer-It
provides managers with an important tool for reducing a system's life cycle costs.
Contractor proposals have been received in response to a solicitation issued for aircraft
maintenance repair services. The technical team must now evaluate these proposals
against the evaluation criteria in Section M of the solicitation. Identify the phase of the
Services Acquisition Process where this activity would occur. - Correct Answer-
Execution
In pursuing a performance-based strategy, what must the service requirements be
described based on? - Correct Answer-The required results or outcomes
One of your customers is the base hospital. They have been tasked with reducing
patient wait time while improving the quality of the medical care they provide to their
patients within six months. Your customer is considering contractor support to help them
achieve these standards. You have been asked to address the risk associated with
obtaining this type of support service. What is the schedule risk for this requirement? -
Correct Answer-The time necessary to implement the desired changes will take longer
than six months.
This contract is one that directly engages the time and effort of a contractor whose
primary purpose is to perform an identifiable task rather than to furnish an end item of
supply - Correct Answer-Service
You are working with your customer to identify the potential risk on a new requirement
for a research and development contract to design and build a prototype for a new mass
transportation system. Which action would you perform during risk analysis? - Correct
Answer-Examine the identified risk(s) and determine the probability that risks will occur
By focusing on the downside of risk, programs may overlook opportunities that provide
possibilities for innovation. As opportunities emerge, the program can shift focus toward
understanding how to take advantage of opportunities while continuing to manage risks.
Opportunity management measures program improvement in terms of what two things?
- Correct Answer-Likelihood and benefits
You have been given a requirement to purchase the last lot of a jet aircraft. The
requirements are already being developed for the next generation jet that will be the
successor to this aircraft. This aircraft has been successfully deployed for many years
and you are working with your customer to develop a risk management plan for this final
lot. Why is risk management an important part of this acquisition? - Correct Answer-It
provides managers with an important tool for reducing a system's life cycle costs.
Contractor proposals have been received in response to a solicitation issued for aircraft
maintenance repair services. The technical team must now evaluate these proposals
against the evaluation criteria in Section M of the solicitation. Identify the phase of the
Services Acquisition Process where this activity would occur. - Correct Answer-
Execution
In pursuing a performance-based strategy, what must the service requirements be
described based on? - Correct Answer-The required results or outcomes
One of your customers is the base hospital. They have been tasked with reducing
patient wait time while improving the quality of the medical care they provide to their
patients within six months. Your customer is considering contractor support to help them
achieve these standards. You have been asked to address the risk associated with
obtaining this type of support service. What is the schedule risk for this requirement? -
Correct Answer-The time necessary to implement the desired changes will take longer
than six months.
This contract is one that directly engages the time and effort of a contractor whose
primary purpose is to perform an identifiable task rather than to furnish an end item of
supply - Correct Answer-Service
You are working with your customer to identify the potential risk on a new requirement
for a research and development contract to design and build a prototype for a new mass
transportation system. Which action would you perform during risk analysis? - Correct
Answer-Examine the identified risk(s) and determine the probability that risks will occur
