ACQ 101 Module 01 Exams Verified Answers

ACQ 101 Module 01 Exams Verified Answers Acquisition is a broad term that applies to more than just the purchase of an item or service. ️True An added capability need is an example of what kind of risk? ️Schedule 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. ️False Department of Defense's (DOD's) decision-support system that this statement describes: "This system uses milestones to oversee and manage acquisition programs." ️Defense Acquisition System Establishing a reserve fund for putting in monitoring process are examples of which type of risk strategy? ️Accept In order to be successful in acquisition management, which of the following schedule risk factors must be assessed? ️Late deliveries Reducing the scope of performance objectives is an example of which type of risk strategy? ️Avoid Requirements identified through this Decision Support System can be addressed through changes in DOTMLPF-P? ️JCIDS The Executive Order for Efficient Federal operations? ️Directs all federal agencies to improve energy efficiency, reduce greenhouse emissions, and use renewable energy sources. The Federal Acquisition Regulation (Far) is one of the three Government regulations that govern acquisition activities and only applies to the Department of Defense (DOD). ️False The Federal Acquisition Regulation (FAR): ️Is the primary regulation for all Federal agencies for the acquisition of supplies and services Use of new material or process is an example of what kind of risk? ️Performance Using a firm-fixed price contract is an example of which type of risk strategy? ️Transfer Using multiple contractors or conducting multiple tests are example of which type of risk strategy? ️Control Where in the system's life cycle should a Program Manager consider ESOH requirements? ️In all phases of the system's life cycle Which Decision Support System is calendar-driven process and offers the basis for informed affordability assessment? ️Planning, Programming, Budgeting, and Execution System (PPBE) Which Decision Support System uses milestones to oversee and manage acquisition programs? ️Defense Acquisition System Which of the following are areas of focus for Better Buying power? ️Affordable programs, Cost control throughout the product life cycle, Improve the professionalism of the Total Acquisition workforce Which of the following are component of risk? ️Future root cause, Probability, Consequence Which of the following are considered ESOH requirements? ️Establish the methods and mechanisms of a processes for compliance, Mandate legal compliance requirements and processes, Impose criminal and/or civil penalties for lack of compliance. Which of the following are considered primary objectives of System Acquisition Management? ️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 Which of the following are constraints that impact a program's goasl and objective