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Quiz

1/10
Market Research and Analysis
What is the primary objective of market research in defense acquisition programs?
Select the answer
1 correct answer
A.
To identify and understand customer needs and market opportunities
B.
To develop advanced technological solutions
C.
To establish detailed cost estimates for system development
D.
To enforce regulatory compliance throughout the acquisition process

Quiz

2/10
Performance-Based Logistics
Which of the following options best describes the concept of Performance-Based Logistics in a defense acquisition context?
Select the answer
1 correct answer
A.
An approach focusing on outcomes and measurable performance criteria
B.
A strategy centered around increasing inventory levels and reducing lead times
C.
A cost-plus contract method that emphasizes upfront investment
D.
An acquisition procedure that prioritizes traditional supply chain management

Quiz

3/10
Life Cycle Management
Which of the following best describes the purpose of life cycle management in defense acquisition programs?
Select the answer
1 correct answer
A.
It ensures that defense systems undergo appropriate planning, design, production, operation, support, and disposal.
B.
It focuses solely on the rapid development of defense systems without long-term considerations.
C.
It is exclusively concerned with managing the financial aspects of acquisition.
D.
It only emphasizes regulatory compliance and risk management.

Quiz

4/10
Defense Acquisition Process
Which phase of the Defense Acquisition Process is focused on identifying potential solutions and analyzing alternatives to meet a capability need?
Select the answer
1 correct answer
A.
Materiel Solution Analysis
B.
Technology Maturation and Risk Reduction
C.
Engineering and Manufacturing Development
D.
Production and Deployment

Quiz

5/10
Systems Engineering Principles
Which of the following best describes the role of requirements analysis in systems engineering?
Select the answer
1 correct answer
A.
It identifies customer needs and translates them into system specifications
B.
It focuses primarily on the integration of hardware and software components
C.
It emphasizes the scheduling and planning of system lifecycle events
D.
It primarily manages cost estimations and budgeting for the project

Quiz

6/10
Program Management Fundamentals
Which of the following best describes the role of program management in aligning project objectives with organizational strategy?
Select the answer
1 correct answer
A.
Coordination of projects to support strategic goals
B.
Standalone project execution with limited integration
C.
Direct control of individual task details without strategic implications
D.
Rigid adherence to predefined procedures without flexibility

Quiz

7/10
Risk Management in Acquisition
What is the primary goal of risk mitigation strategies in acquisition?
Select the answer
1 correct answer
A.
To eliminate all risks entirely
B.
To reduce the probability and/or impact of a risk to acceptable levels
C.
To shift resources away from innovation
D.
To ignore risks with low visibility

Quiz

8/10
Contracting and Procurement Strategies
Which contracting strategy best balances risk and cost for government acquisitions when requirements are uncertain?
Select the answer
1 correct answer
A.
Fixed-price contract with Economic Price Adjustment
B.
Time and Materials (T&M) contract
C.
Cost-reimbursement contract
D.
Indefinite Delivery/Indefinite Quantity (IDIQ) contract

Quiz

9/10
Cost Estimation Techniques
Which cost estimation technique uses historical data from similar projects to predict future project costs?
Select the answer
1 correct answer
A.
Analogous Estimating
B.
Parametric Estimating
C.
Bottom-Up Estimating
D.
Three-Point Estimating

Quiz

10/10
Earned Value Management (EVM)
What best describes the role of Earned Value Management (EVM) in project performance measurement?
Select the answer
1 correct answer
A.
A method to measure project performance at a single point in time
B.
A technique that integrates scope, schedule, and cost to measure project progress
C.
An accounting approach solely focused on cash flow tracking
D.
A forecasting tool for evaluating future budgeting needs
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