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Guide for Contracting Certification Exam

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Quiz

1/10
Lifecycle Cost Management
Which phase of the acquisition process typically provides the greatest opportunity to influence lifecycle cost management decisions?
Select the answer
1 correct answer
A.
Concept phase
B.
Design phase
C.
Development phase
D.
Sustainment phase

Quiz

2/10
Cost Estimation and Budgeting
Which cost estimation method uses a mathematical model to predict cost outcomes based on one or more cost drivers derived from historical data?
Select the answer
1 correct answer
A.
Parametric Estimating
B.
Analogous Estimating
C.
Bottom-up Estimating
D.
Expert Judgment

Quiz

3/10
Risk Management in Acquisition
Which of the following best describes the purpose of risk management in defense acquisition?
Select the answer
1 correct answer
A.
Ensuring all stakeholders are always satisfied regardless of cost
B.
Identifying, assessing, and mitigating risks that could impact program success
C.
Expediting the acquisition process by shortening decision cycles
D.
Reducing contract prices through aggressive negotiation techniques

Quiz

4/10
Source Selection and Evaluation
What is the primary objective of source selection in defense acquisitions?
Select the answer
1 correct answer
A.
To achieve the best value for the government
B.
To select a source based solely on the lowest price
C.
To minimize competition among contractors
D.
To solely rely on historical cost data

Quiz

5/10
Acquisition Strategy Development
What is the cornerstone of a successful acquisition strategy development process in defense acquisition?
Select the answer
1 correct answer
A.
Alignment with the mission and overarching strategic objectives
B.
Strict adherence to the original scope regardless of changing needs
C.
Exclusive reliance on historical acquisition practices
D.
Minimization of stakeholder engagement to streamline decision-making

Quiz

6/10
Stakeholder Engagement and Communication
What is the primary benefit of establishing a stakeholder engagement plan that incorporates frequent and targeted communications in an IG program?
Select the answer
1 correct answer
A.
Ensuring timely and relevant feedback from all parties involved
B.
Reducing the number of communications required throughout the project
C.
Delegating communication entirely to a single point of contact
D.
Emphasizing documentation over direct stakeholder interaction

Quiz

7/10
Sustainment and Logistics Planning
What is the primary purpose of sustainment in logistics planning within defense acquisition?
Select the answer
1 correct answer
A.
Ensuring that systems are designed for minimal upkeep costs
B.
Providing ongoing support to maintain system effectiveness and readiness
C.
Focusing exclusively on the initial procurement phase
D.
Eliminating the need for life-cycle management

Quiz

8/10
Performance-Based Acquisition
What is the primary focus of performance-based acquisition?
Select the answer
1 correct answer
A.
Emphasizing detailed technical processes
B.
Focusing solely on cost reduction
C.
Achieving measurable outcomes and results
D.
Relying on strict adherence to a predefined procedure

Quiz

9/10
Regulatory and Policy Frameworks
What is the primary purpose of established regulatory frameworks within the Defense Acquisition process?
Select the answer
1 correct answer
A.
To ensure compliance with federal laws
B.
To streamline contract management procedures
C.
To reduce acquisition cycle time
D.
To standardize supplier performance metrics

Quiz

10/10
Acquisition Ethics and Compliance
What is the primary purpose of acquisition ethics regulations?
Select the answer
1 correct answer
A.
To ensure fair and transparent processes
B.
To reduce overall costs
C.
To favor specific vendors
D.
To delay contract awards
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Info quiz:

  • Quiz name:Contracting Certification Exam
  • Total number of questions:530
  • Number of questions for the test:50
  • Pass score:80%

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