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CDFM CG Maj > 2.2 > Flashcards

2.2 Flashcards

1
Q

Overarching policies all DOD Acquisition

A
  1. Flexibility 2. Responsiveness 3. Innovation 4. Discipline 5. Streamlined effective management
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2
Q

More specfic acquisition directorate est milestones

A

DOD Directive 5000.02

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3
Q

Overarching defene acquisition policy directive

A

DOD Directive 5000.01

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4
Q

Acquisition Categories are established to determine

A

level of management review 2. decision authority 3. reporting requirements

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5
Q

MDAP

A

Major Defense Acquisition Program (ACAT 1)

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6
Q

ACAT I

A

Highest level; Based of FY14 CONSTANT dollars; RDTE $480M+, procurement $2.79B+

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7
Q

ACAT ID

A

“Defense” MDA is Defense Aquistion Executive (DAE)

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8
Q

ACAT IC

A

“Component” MDA is Component Aquisiton Executive; OSD allows authority to be lower at component

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9
Q

MDA

A

Milestone Decision Authority in aquistion process

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10
Q

ACAT IA

A

Major Automated Information System Program

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11
Q

ACAT IAM

A

M indicated “Defense” MDA is DAE or CIO, Major Automated Information System Program

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12
Q

ACAT IAC

A

Major Automated Information System Program MDA is Component Aquistion Executive (CAE)

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13
Q

Acquisition Program Baseline (APB)

A

Documents the cost, schedule, and performance OBJECTIVES and THRESHOLDS at program initiation

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14
Q

DOD 5000.02 requires every program establish a

A

Acquisition Program Baseline; guidance on the AOA (Assessement of Alternatives)

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15
Q

Performance parameters set in APB

A
  1. Objectives - the specific parameters that the user desires 2. Thresholds - The minimum parameters the user is willing to accept
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16
Q

Joint Chiefs of Staff draft for aquistion

A

Initial Capabilities Document, apporved in JROC meeting

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17
Q

The primary purpose of the AOA

A

Assess the potential material solutions to satisfy the capability need documented in the approved Initital Capabilites Document (ICP)

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18
Q

AOAs for ACAT I and ACATIA

A

DOD 5000.02 requires AOA at major milestone decision points, at the full rate production decision point, and at such other times in the acquisition cycle that MDA requires

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19
Q

Where do you find requirements for AOA

A

DOD 5000.02

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20
Q

What is an AOA

A

Analysis of Alternatives: Analytical comparison of 1. operational effectiveness 2. suitability 3. life cycle cost alternatives that satisfy the capability needs in the APPOROVED ICD

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21
Q

Total Systems Approach

A

Cradle to Grave

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22
Q

Life cycle cost

A

total cost to governemnt from R&D to disposal

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23
Q

Constant year $ vs then year $base year $ vs current year

A

Constant Year dollars, also base year dollars are NOT adjusted for inflation. Then year and current year ARE (Constant/Base)(Current/Then)

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24
Q

Three ways of grouping life cycle costs

A
  1. Work Breakdown Structure 2. Appropriation Category 3. Life Cycle Cost Categories (R&D, Investment, O&S, Disposal)
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25
Q

Acquisition Programs tailored IAW

A

MIL-STD-881C

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26
Q

_____ requires use of ______ for ACAT I programs

A

DCAPE, Cost Analsyis Requirements Description (CARD)

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27
Q

Who prepares and approves the CARD

A

prepared by Program Manager (PM) and approved by Program Executive Officer (PEO)

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28
Q

CARD draft must be delivered to ______ and _____ ; _____ days before each Milestone decision in draft and ____ days in final

A

DCAPE and DOD Cost estimator component; 180 and 45

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29
Q

Development Cost

A

RDT&E

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30
Q

Flyaway Cost

A

Procurement of prime equipment; just purly the machine, nothing else with it

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31
Q

Weapons system cost

A

Flyaway cost and support items (like an APU or something else needed to “flyaway”)

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32
Q

Initial Spares

A

Just the first spares that come with the machine

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33
Q

Procurement Cost

A

Flyaway, support and initial spares

34
Q

Facilities associated with acquisition (cost category)

A

MILCON

35
Q

Program Acquisition Cost

A

Procurement Cost + MILCON + Development Cost

36
Q

PAUC

A

Program Acquisition Unit Cost (MILCON + RDTE + Procurment)/Units INCLUDING RDTE

37
Q

APUC

A

Average Procurement Unit Cost (Procurement only/Units) don’t include RDTE units.

38
Q

Independent cost estimate required for

A

ACAT I except for ACAT IC because component level

39
Q

Three types of cost estimates

A

Program, Component (done at Component), Independent (done at DCAPE). ACAT II, ACAT III and ACAT IC only need first 2

40
Q

WBS

A

Work Breakdown Structure provides common thread for Earned Value Management System; breaks down products and services that constitute a program rather than the organizations that do the work

41
Q

Cost as an Independent Variable (CAIV)

A

Best time to reduce cost is early in the process; also deals with “tradeoffs” - such as reduce performance to counter cost increase elsewhere. Aggressive cost objetives, appropriate metrics

42
Q

Analogy Approach

A

Compare with ONE existing similar system with accurate cost data

43
Q

Analogy Approach strength/weak

A

Stren: Quick,inexpensive,easy to change Weak: Subjective, Imprecise

44
Q

Parametric Approach

A

“Statistical method” “top down” uses cost esimating relationships (CERs), uses database of MANY similar systems, and pulls parts. Performance characteristics linked to cost

45
Q

Parametric Approach Strength/weak

A

STRENGTH: Uses CERs, easy to do “what if” drills, inexpensive WEAK: Moderate subjective, only as good as data validated

46
Q

Engineering Approach

A

“Bottom up” method, each WBS elemented is costed

47
Q

Engineering Approach Strength/weak

A

Stren: Very accurate in EMD phase, limited subjectivity Weak: Expensive and time consuming, no what-if

48
Q

Actual Cost estimate Approach

A

After you have built one, go back and determine what it cost

49
Q

Actual Approach Strength/weak

A

Strength: Very Accurate Weak: Budget may be already submitted

50
Q

Expert Cost estimate Approach

A

Use if time doesn’t permit more thorough analysis, subjective judgement of experienced ind or group

51
Q

Learning Curve Theory

A

As quantity DOUBLES, man-hours expended decreases by CONSTANT rate. LCR = Cost 2N / CostN

52
Q

Fixed Price Contract

A

Contractor takes on risk

53
Q

Cost-reimbursement cotracts

A

government takes on the risk

54
Q

Earned Value Management

A
  1. Relates technical performace to its associated cost and schedule 2. measures the work progress in objective terms 3. states the value of the work in completed dollars
55
Q

EVM sets a cohesive contract baseline called ____ or also known as

A

Performace Measurement Baseline (PMB) or Budgeted Cost of Work Scheduled (BCWS)

56
Q

EVM need to use thresholds

A

Less than $20M - Optinal; $20M-$100M - Contractor self certifies EVM compliance; $100M+ Defense Contract Management Agency (DCMA) certifies

57
Q

EVMS is deiscouraged for

A

Firm Fixed price contracts and subcontracts of any value

58
Q

Cost variance

A

BCWP - ACWP

59
Q

Schedule Variance

A

BCWP - BCWS

60
Q

Cost and Schedule variances are ranked as

A

favorable or unfavorable

61
Q

Can Schedule variance say if your ahead or behind schedule

A

NO

62
Q

When calculating CV or SV always start with…

A

BCWP

63
Q

Steps to make PERT chart

A
  1. Identify activites 2. determine proper sequence 3. estimate time for each 4. construct network diagram
64
Q

What is the critical path

A

longest path on PERT chart from start node to end node

65
Q

What does PERT do better than GANTT

A

display the critical path and interdependency of tasks

66
Q

Advantage of GANTT chart over PERT

A

Displaying the schedule and resources used in a project

67
Q

Ecomonic Analysis

A

Systematic approach to problem, choosing best method of allocating scare resources to achieve objective (best value for best cost)

68
Q

Economic analysis recommended at what threshold

A

$2M

69
Q

Ecominc analysis policy and provides

A

OMB circular A-94 discount rates, inflation rates(publised every january), economic analysis steps

70
Q

Removes effects of inflation

A

net present value

71
Q

What kind of dollards is economic analysis done in

A

constant year or base year. Inflation removed

72
Q

Steps to Economic analysis

A
  1. Establish Objective 2. For Assuptions 3. ID Constraints 4. Determine alternatives 5. Cost/benefits of alternatives 6. Compare 7. sensitivity anaylsis 8. Report Results
73
Q

Quantifyable benefits

A
  1. Cost Savings 2. Cost Avoidance (FUTURE cost) 3. Productivity Improvement
74
Q

1 STD, 2 STD, 3 STD

A

68.27, 95.45, 99.73

75
Q

In correlation coefficient what is considered strong/weak

A

Strong: .8 Weak:.5

76
Q

Correlation coefficient

A

R

77
Q

Coefficeint of determination

A

R squared, larger number, closer to one means more predictible

78
Q

Coefficient of variation

A

smaller number means more predictible, how far datapoints are from best fit line

79
Q

Coefficient of variation formula

A

(STD/average)*100

80
Q

PVF

A

1/(1+d) raised to t

81
Q

PV trick

A

100 minus (DR+DR+DR) * dollar amount. Number of DR’s is # of years

CDFM CG Maj (12 decks)

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