Unit 4.1-4.4 Knowledge Check Flashcards
The risk mitigation strategy, RISK CONTROL, involves which ONEof the following?
- Acknowledging the existence of a particular risk, and making a conscious decision to accept the
level of the risk without identifying and applying any special risk mitigation efforts. - Reassigning risk responsibility to another entity.
- Eliminating the risk event or condition by taking an alternate path.
- Taking action to reduce the likelihood, and/or occasionally the consequence of the risk to as low
as possible.
Taking action to reduce the likelihood, and/or occasionally the consequence of the risk to as low
as possible.
Which ONE of the following is NOT an activity program office personnel will perform during risk
analysis?
- Estimate the likelihood (or probability) the risk event will occur.
- Estimate the possible consequences(or impact) in terms of cost. schedule, and performance if the
risk event occurs. - Determine the resulting risk level or rating (e.g., high, moderate, or low) and prioritize risks.
- Determine if risk mitigation actions are effective.
Determine if risk mitigation actions are effective.
Fill in the blank with the correct answer: “Risk identification deals with examining all elements
of the program to detect and document risks and their associated root causes. It basically answers the question:
- What can be done to monitor it?
- What can be done to transfer it?
- What can go right?
- What can go wrong?
What can go wrong?
A system can be defined as:
- Hardware devices used to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war.
- The deployment and fielding processes used by the Department of Defense (DoD) to conduct its mission of deterring or winning war.
- Embedded software that controls devices used to assist Department of Defense (DoD) to conduct its mission of deterring or winning war.
- All elements (e.g.. hardware, software, logistical support, personnel) needed to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war.
All elements (e.g.. hardware, software, logistical support, personnel) needed to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war.
Which of the following institutions issues directives and regulations and formulates, directs, and executes national security policy?
- Congress
- The Executive Branch
- The customer
- Industry
The Executive Branch
Who provides an independent assessment of the effectiveness and suitability of new weapon
systems?
- Director, Cost Assessment and Program Evaluation (D,CAPE)
- Under Secretary of Defense, Comptroller (OUSD (C))
- Director, Operational Test & Evaluation (D,OT&E)
- Under Secretary of Defense Acquisition & Sustainment (OUSD (A&S))
Director, Operational Test & Evaluation (D,OT&E)
If a Program Manager’s current estimate indicates a potential breach of the Acquisition Program
Baseline (APB) the Milestone Decision Authority (MDA) should be notified______________.
- At the next Program Management Review
- When the response plan is developed to bring the program back within baseline parameters
- Within 90 Days
- Immediately
Immediately
Which of the following Acquisition Categories (ACATs) are established for services EXCEPT the Air Force and Space Force?
- Acquisition Category (ACAT) IV
- Acquisition Category (ACAT) I
- Acquisition Category (ACAT) II
- Acquisition Category (ACAT) Ill
Acquisition Category (ACAT) IV
In order to be successful in acquisition management, which of the following SCHEDULE risk factors must be assessed.
- Late deliveries
- High labor rates
- Producibility
- Life Cycle Costs
Late deliveries
Select the Department of Defense’s (DoD’s) decision-support system described as: “DoD’s
primary resource allocation process that is calendar-driven.”
- Risk Assessment and Management System (RAM)
- Joint Capabilities Integration and Development System (JCIDS)
- Defense Acquisition Management System (DAS)
- Planning, Programming, Budgeting and Execution (PPBE)
Planning, Programming, Budgeting and Execution (PPBE)
Which document is developed next if the Capabilities-Based Assessment (CBA) recommends a
materiel solution?
- Acquisition Strategy (AS)
- Doctrine, Organization, Training. Materiel, Leadership, Personnel, Facilities, and Policy
(DOTMLPF-P) Change Recommendation (OCR) - Acquisition Program Baseline (APB)
- Initial Capabilities Document (ICD)
Initial Capabilities Document (ICD)
Which risk management option includes reassigning or delegating responsibility for tasks to
mitigate a risk to another entity?
- Risk Control
-Risk Avoidance
- Risk Acceptance
- Risk Transfer
Risk Transfer
Which opportunity management option includes intentionally ignoring an opportunity because of cost, technical readiness, resources, schedule burden, and/or low probability of successful
capture?
- Reevaluate
- Reject
- Pursue Now
- Defer
Reject
The Defense Security Cooperation Agency asks a Military Department to engage their acquisition
counterparts in allied and friendly nations regarding the potential benefits of acquiring an upgraded U.S. system that could provide additional coalition capability in the region in order to bolster the U.S. influence in the region. This initiative supports the achievement of which DoD Security Cooperation objective?
- Humanitarian Efforts & Civic Assistance
-Combine Exercises
- Equipment Sales and Financing
- Defense Contracts & Familiarization
Equipment Sales and Financing
What is the agreement between the Milestone Decision Authority (MDA) and Program Manager
(PM) that will be used for tracking and reporting for the life of a program?
- Acquisition Program Baseline (APB)
- Acquisition Strategy (AS)
- Contract
- Milestone A decision
Acquisition Program Baseline (APB)
