Situational Assessment and Team Dynamics Flashcards
What is this? Understand product and systems life cycle principles;
Apply effective market research techniques to collect, analyze, and implement market intelligence;
Identify opportunities for process improvement and optimization;
Negotiate meaningful contract terms and conditions while meeting customer needs
Situational Assessment
What part of the FAR states that the vision for the Federal Acquisition System is to deliver on a timely basis the best value product or service to the customer, while maintaining the public’s trust and fulfilling public policy objectives. Participants in the acquisition process should work together as a team and should be empowered to make decisions within their area of responsibility.
FAR 1.102 (a)
FAR 7.101 defines this as the total cost to the Government of acquiring, operating, supporting, and (if applicable) disposing of the items being acquired.”
life-cycle cost
When do the vast majority of life-cycle costs occur ?
after initial procurement.
What is “collecting and analyzing information about capabilities within the market to satisfy agency needs.”
market research ( definition shows up FAR 2.101)
What part of the FAR deals with market research?
Part 10
What part of the FAR addresses ensuring that legitimate needs are identified and trade-offs evaluated to acquire items that meet those needs.
FAR 10.001(a)(1)
What part of the FAR addresses when to conduct Market Research and reminds us to conduct it appropriate to the circumstances.
FAR 10.001(a)(2)
What part of the FAR addresses various instances in which we use the results of Market Research
FAR 10.001(a)(3)
What part of the FAR addresses Market Research policy
FAR 10.001(a)(1), (2), (3)
What part of the FAR addresses addresses Market Research procedures
FAR 10.002 (b) (1), (2)
What part of the FAR addresses whether commercial products, commercial services, or non-developmental items are available to meet the need or could be modified to meet the need.
FAR 10.002(b)(1)
What part of the FAR addresses techniques for conducting market research.
FAR 10.002(b)(2)
he vision of the Federal Acquisition System consists of: (select 2)
Acquisition process participants should work together as a team, but decision-making should be at a higher level.
Deliver on a timely basis the best-value products and services to the customer.
Maintain the public’s trust and fulfill public policy objectives.
Deliver on a timely basis the best-value products and services to the customer.
Maintain the public’s trust and fulfill public policy objectives.
Contracting Life-cycle costs consist of the following (select 4):
Acquisition costs
Supporting costs
Entertainment costs
Disposal costs
Operating costs
Acquisition costs
Supporting costs
Disposal costs
Operating costs