CDFM Module 4

CDFM Module 4 What are Joint Acquisition Programs? - ✔✔Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD compo ...

CDFM Module 4 What are Joint Acquisition Programs? - ✔✔Joint Acquisition Programs is any acqusition system, subsystem, component, or technology program with astrategy that includes funding by more than one DoD component during any phase of a system's life cycle. Who decides to place programs under joint acquisition management? - ✔✔The MDA decides whether to place programs under joint management and designates the lead executive DoD component. What law requires an analysis of potential opportunities of international cooperation? - ✔✔10 USC 2350a(e) requires international cooperation consideration in the initial aquisition strategy for a program. When international programs may be established in the defense acqusition program - ✔✔Decision to include international partners needs to be included during development of the initial capabilities document but no early than the material and solution analysis phase. When is Earned Value Management (EVM) implemented - ✔✔EVM is part of program management . It ensures that cost , schedule and technical aspects of the contract are truly integrated. In what type of contracts EVM is required - ✔✔EVM is required on Cost, and/or Incentive contracts valued at greater than $20M. What is EVM? - ✔✔Earned Value Management is a tool that 1. Relates the scope of the work to its associated budgets and schedule. 2. Measures the work progress in objective terms 3. States that value of the work completed in dollars and other measurable units. What are EVM techniques? - ✔✔Correlate the budgeted cost of worked scheduled with the budget cost of work performed (BCWP) 1. 0/100 Earned Value Technique 2. Percent Start/Percent Finish EV Technique (50/50) (25/75) (80/20) 3. Percent Complete 4. Units Completed 5. Equivalent Units Describe the Percent Start/Percent Finish EV Technique - ✔✔Is an objective earned value technique tied to the start and completion of a work package task, often referred to % assigned to the start and finish milestone such as (50/50...) Thsi technique tends to overstate performance in the first half of the period of performance and uderstate performance in the last half. What is the most important step in EVM system? - ✔✔Is the establishment of the Performance Measurement Baseline (PMB)or the Budgeted Cost of Work Schedule (BCWS) What is the PMB in and EVM? - ✔✔The PMB includes the undistributed budget, all summary level planning package budgets, and all control account budgets. It does not include management reserve. What is the final step of the PMB? - ✔✔Is to classify work, to allocate the budget and to time phase the control account work package budgets. This last phase is calculate BWCS How do we classify work packages in EVM? - ✔✔in 3 categories, Discrete, apportioned effort, and level of effort. Describe the realignment of the PMB - ✔✔Rebaselining, Replanning, and Reprogramming What is Reprogramming? - ✔✔Reprogramming is a comprehensive realignment of the remaining performance measurement baseline that results in a total budget and/or total schedule that exceeds the contractual requirements. It is the process that results in an Over-Target Baseline or OTB and an Over-Target Schedule OTS. Schedule Performance Index (SPI) formula - ✔✔SPI=BCWP/BCWS Estimate at Completion (EAC) formula - ✔✔EAC=ACWP+[(BAC-BCWP)/(Performance Factor)] EAC Compsite formula - ✔✔ACWPcum+[(BAC-BCWPcum)/(CPIcum*SPIcum)] Upper Value (worst case) EVM Terminology - ✔✔EAC=Estimate at Completion BAC=Budget at Completion(current) BCWS=Budget Cost of Work Scheduled (current) BWCP=Budget Cost of Work Performed (earned value) ACWP=Actual Cost of Work Performed What is the Contractor Cost and Software Data Reporting (CSDR) - ✔✔The CSDR system involves two formal contractor reports, the COntractor Cost Data Report (CCDR) and the Software Resources Data Report (SRDR) What is Contract Performance Report (CPR) - ✔✔The PM should obtain from the contractor a CPR (DD form 2734) on all contracts the meet or exceed EVMS dollar thresholds and require EVMS compliance. The CPR provides contract cost and schedule performance for program mangement. What is Contract Funds Status Report (CFSR) - ✔✔(DD 1586) has no specific application thresholds but PMs should evaluate contracts of less than $1.3M. FFP contracts should not apply the CFSR unless unusual circumnstances dictate funding visibility. What is Government Contract Quality Assurance (GCQA) - ✔✔DCMA Q&A personnel conducts quality assurance as identified in contract administration delegations by the KO. What is Independent Management Reviews (Peer Reviews) - ✔✔The Director, DPAP organizes review teams and facilitate pre-award and post-award peer reviews for all service contracts with a value of $1B or more (including options) What are Milestone Decision Points? - ✔✔Milestione Decision Points initiate programs and auhtorize entry into major acquisition process phases MDP B - ✔✔A favorable decision formally initiates an acquisition program Where are Technology Readiness Assessments reviewed? - ✔✔At Milestone B & C Milestone Decision Point C - ✔✔A succesfull outcome at MDP C, results in the program moving into Production and deployment phase At what MDP, if necessary, are Independent technology Readiness Assesments done? - ✔✔At MDP B&C What are the 4 major reviews? - ✔✔Materiel Development Decision Review Preliminary Decision Review Critical Design Review Full Rate Production Decision Review What is the role fo USD (AT&L) - ✔✔AT&L is the Defense Acqusition Executive (DAE) and conducts Defense Acquisition Board reviews for acquisition category ID programs at major program milestones. Who advises USD (AT&L) on major acqusitiion decisions?