ACQ 101 Module 01 Exams
Which of the following are considered primary objectives of System Acquisition Management? - correct answer Satisfy the needs of the operational Users
Provide Measurable Improvements in functional capabilities
Acquire products in a timely manner at a fair and reasonable cost
An example of better buying power in practice would be limiting the number of contractors that can bid on a contract to those that have provided low-cost solutions to the DoD in the Past. - correct answer False
Which of the following are areas of focus for Better Buying power? - correct answer Affordable programs, Cost control throughout the product life cycle, Improve the professionalism of the Total Acquisition workforce
Which of the following are constraints that impact a program's goasl and objectives? - correct answer Cost, schedule, Performance
An added capability need is an example of what kind of risk? - correct answer Schedule
Which of the following are component of risk? - correct answer Future root cause, Probability, Consequence
Use of new material or process is an example of what kind of risk? - correct answer Performance
Using multiple contractors or conducting multiple tests are example of which type of risk strategy? - correct answer Control
Establishing a reserve fund for putting in monitoring process are examples of which type of risk strategy?
- correct answer Accept
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