CON 3900 - Situational Assessment
and Team Dynamics Exam Q’s and
A’s
What is the vision for the Federal Acquisition System? - -Deliver on a timely
basis the best vale product or service to the customer, while maintaining
public's trust and fulfilling public policy objectives
-True or False: Areas of the acquisition team should not make decisions on
their own. - -False; work together as a team and be empowered to make
decisions within area of responsibility
-What is Life Cycle Cost? - -the total cost to the Government of acquiring,
operating, supporting and disposing of the items being acquired.
-Who consists of the Acquisition Team? - -representatives of the technical,
supply, and procurement communities, customer, and the contractor(s)
-The FAR states one member of the acquisition team to contractually
obligate the Government, who is it? - -The contracting officer
-Define the contracting officer's authority in acquisitions. - -enter into,
administer, or terminate contracts and make related determinations and
finding. Contracting officers shall receive in writing the limits of their
authority from the appointing authority.
-True or False: A COR does not have authority to enter into, change, or
terminate a contract. - -True.
-What are the two purposed of a post award orientation (FAR 42.501)? - -1.
achieve a clear and mutual understanding of all requirements
2. identify and resolve potential problems.
-What part of the FAR addresses the purpose, authority, and issuance of the
Federal Acquisition Regulations System? - -FAR Part 1
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