ACQ Intermediate Systems Acquisition > QUESTIONS & ANSWERS > ACQ 202 Module 4 Exam: Part II QUESTIONS AND ANSWERS | VERIFIED (All)
ACQ 202 Module 4 Exam: Part II QUESTIONS AND ANSWERS | VERIFIED
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What does it mean if a project has a Percent Spent of 90%, Percent Scheduled of 85% and Percent Complete of 95%? Correct Answer: The project is in good shape and should early and within budget. Yo ... ur program is liable for payment on good and services received under a contract. Your payment, based on a submitted invoice, for all or part of this obligation is a(n) __________. Correct Answer: Expenditure Which of the following is a valid reason for rebaselining the Performance Measurement Baseline (PMB)? Correct Answer: The plan for completing the remaining contract effort is no longer achievable. Which of the following test items are determined by the Program Management office that is developing a system? Correct Answer: Critical Technical Parameters (CTPs). With modeling and simulation, we model the system and then test the _________ to gather test predictions. Correct Answer: Model. The following data is received from contractor: Budgeted Cost of Work Perform (BCWP) = $300 Cost Performance Index (CPI) = 1.2 Budgeted Cost of Work Scheduled (BCWS) = $400 Schedule Performance Index (SPI) = 0.75 Actual Cost of Work Performe [Show More]
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