ACQ101 Flashcards
Today’s acquisition professional must possess increasing levels of: (3)
- Specialized knowledge
- Analytical skills
- Good judgment
DAWIA
Defense Acquisition Workforce Improvement Act (DAWIA).
DoDD 5000.52 establishes ___.
DoDD 5000.52 establishes the DoD Acquisition CAREER DEVELOPMENT PROGRAM and a single Acquisition Corps throughout DoD
3 types of DAU learning.
Foundational, Workflow, Performance
List the primary objectives of System Acquisition Management? (3)
- SATISFY the needs of operational users
- PROVIDE measurable improvements in functional capabilities
- ACQUIRE products in a timely manner at a fair and reasonable cost
List 4 aspects of a SYSTEM.
Hardware, software, logistics support, and personnel
What is BBP?
Better Buying Power (BBP) is the implementation of best practices to strengthen the DoD’s buying power, improve industry productivity, and provide an affordable, value-added military capability to the Warfighter.
List 3 areas of focus for Better Buying Power?
- Affordable programs,
- Cost control throughout the product life cycle
- Improve the professionalism of the Total Acquisition Workforce
Risks have three components:
- A FUTURE ROOT CAUSE, which has yet to happen. If a future root cause is eliminated or corrected, the risk will not occur
- A PROBABILITY or likelihood assessed at the present time of that future root cause occurring
- The CONSEQUENCE or effect of that future root cause
Use of new material or processes is an example of what kind of risk?
Performance
Using multiple contractors or conducting multiple tests are examples of which type of risk strategy?
Mitigate
Establishing a reserve fund or putting in monitoring processes are examples of which type of risk strategy?
Assume
Using a firm-fixed price contract is an example of which type of risk strategy?
Transfer
Using a firm-fixed price contract is an example of which type of risk strategy?
Transfer
Reducing the scope of performance objectives is an example of which type of risk strategy?
Avoid
MDAP
Major Defense Acquisition Programs (MDAP)
MAIS
Major Automated Information Systems (MAIS)
NDAA
National Defense Authorization Acts (NDAA)
FAR
Federal Acquisition Regulation (FAR)
DFARS
Defense Federal Acquisition Regulation Supplement (DFARS)
3rd set of regulations
Component-unique FAR supplements
Which of the following is one of the principal mechanisms by which Congress modifies the defense acquisition structure?
National Defense Authorization Acts (NDAA)
Which of the following is one of the principal mechanisms by which Congress modifies the defense acquisition structure?
National Defense Authorization Acts (NDAA)
The Federal Acquisition Regulation (FAR):
Is the primary regulation for all Federal agencies for the acquisition of supplies and services