When a program deviation occurs

Assignment Help Finance Basics
Reference no: EM131728567

1) When a program deviation occurs, the Program Manager should notify the Milestone Decision Authority within 90 days of the occurrence.

  • True
  • False

2) The _______ defines design requirements and is primarily documented by the Item Performance Specifications.

  • Allocated Baseline
  • Product Baseline
  • Functional Baseline
  • Maintenance Baseline

3) Who usually controls the "build to" or product baseline in an acquisition program?

  • DoD Information Technology Standards Registrar
  • Government
  • Contractor
  • Subject Matter Expert

4) The Program Manager just received approval of his proposed acquisition strategy with one exception: he has been directed to make maximum use of existing Air Force software. Which of the best software acquisition practices is most applicable to his situation?

  • Inspect requirements and design
  • Use system based software design
  • Use metrics to manage
  • Assess reuse risks and cost

5) An Early Operational Assessment is typically conducted to _____________________.

  • Identify potential operational effectiveness and suitability issues during system development
  • Support the decision to begin low rate initial production (LRIP)
  • Meet the requirement to conduct initial operational test and evaluation (IOT&E)
  • Track the evolution of critical technical parameters against the system design

6) Problem-solving models typically involve identifying all possible causes, and then narrowing down the critical causal factors to uncover the root cause.

  • True
  • False

7) Cost, schedule, and performance parameters are interrelated, and a change in one parameter can affect the others. Therefore it is important to involve all the key stakeholders when considering changes to the Acquisition Program Baseline (APB).

  • True
  • False

8) Which of the following configuration baselines is used to define the overall system level capabilities of a system?

  • Functional Baseline
  • Item Baseline
  • Product Baseline
  • Allocated Baseline

9) The primary system interoperability issue is the complete, accurate, and timely transfer of information from one system to another. In order to validate the interoperability of systems, extensive testing is required.

  • True
  • False

10) The management of internal interface design would usually be the responsibility of the _____________?

  • Joint Interoperability Test Command
  • Contractor
  • Government Program Manager
  • Independent Test and Evaluation Agency

11) When using the cause-and-effect (Fishbone) diagram to resolve an acquisition problem, after drawing out a blank fishbone diagram, the next step is to ____________________.

  • Identify major cause categories
  • Identify the root cause
  • Identify possible causes and contributing factors
  • Define the problem

12) What are some of the planning challenges that must be considered when taking commercial items and modifying them for military use (Select all that apply)?

  • Maintain technical data
  • Management of government furnished equipment
  • Integration
  • Long-term logistics support
  • Availability of test ranges and personnel

13) Where would the initial Functional Baseline be reviewed to ensure that it covers all the Government's capability needs?

  • Critical Design Review
  • Preliminary Design Review
  • Systems Functional Review
  • Test Readiness Review

14) Which technical review is held during the Engineering and Manufacturing Development Phase to assess the final design after the "build to" baseline has been achieved?

  • Preliminary Design Review (PDR)
  • Test Readiness Review (TRR)
  • Critical Design Review (CDR)
  • System Requirements Review (SRR)

15) Which of the following is a benefit of integrated developmental testing and operational testing?

  • It minimizes the risk of compromising test objectives.
  • It helps to save resources by eliminating redundant activities.
  • It is required by law.
  • It simplifies the test process by making tests easier to coordinate and design.

16) Program cost increases and schedules slips are most likely caused by __________________, changes to the design, and changes to the production processes.

  • Changes to the number of systems ordered
  • Robust and accurate configuration management
  • Well-defined and documented technical data packages
  • Changes to user capability needs

17) The Army can transfer excess funds from a Procurement appropriation to a Research, Development, Test, and Evaluation (RDT&E) appropriation to cover a funding shortfall of $3 million without prior approval of Congress.

  • True
  • False

18) As part of the overall systems engineering effort, both the Government and the Contractor conduct configuration management activities, and either can take the lead for a particular configuration item. The contractor is usually responsible for design and control of ___________________, while the Government is responsible for _______________.

  • Integrated products /integrated processes
  • Internal interfaces / external interfaces
  • Technical measures / technical performance measures
  • Supportability changes / sustainability changes

19) A Government official who obligates the Government on a contract without having sufficient funds to cover that expense has violated the _______________.

  • Anti-Deficiency Act
  • Misappropriation Act
  • Reprogramming Thresholds
  • Bona Fide Need Rule

Reference no: EM131728567

Questions Cloud

Describe the competitive environment : Describe the competitive environment in which MDD operates and its strategy for success
Identify competitive advantage for li-fung : Identify 3 competitive advantage for Li & Fung (global supply chain manager) and evaluate how sustainable each of them is.
Estimating average number of miles per gallon of gasoline : Suppose that you are interested in estimating the average number of miles per gallon of gasoline your car can get.
Identify threats and opportunities : PESTEL analysis affect global supply chain management (LI & Feng from Hong Kong) and identify threats and opportunities.
When a program deviation occurs : 1) When a program deviation occurs, the Program Manager should notify the Milestone Decision Authority within 90 days of the occurrence.
Describe the random samples of iq scores : Suppose the population of IQ scores in the town or city where you live is bell-shaped, with a mean of 105 and a standard deviation of 15.
Explain three ways you can critically analyze sources : Incorporate Sources into Your Research Paper. Explain three ways you can critically analyze sources to determine if they are scholarly and credible.
Define evidence that the quarter system is favored : Suppose that 35% of the students at a university favor the semester system, 60% favor the quarter system, and 5% have no preference.
Discuss what is the break-even quantity per truck : Estimate the average Selling price and average COGS per unit? What is the "break-even" quantity per truck

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd