FAM 104 Week 2 Exam Questions and Answers All Correct
1 view 0 purchase
Course
FAM 104
Institution
FAM 104
FAM 104 Week 2 Exam Questions and Answers All Correct
Describe program deviation - Answer- when the PM realizes the actual or estimate of the program's cost, schedule, and/or technical performance measures exceeds one or more of the APB thresholds
Describe how the Acquisition Process Model (AP...
FAM 104 Week 2 Exam Questions
and Answers All Correct
Describe program deviation - Answer- when the PM realizes the actual or estimate of
the program's cost, schedule, and/or technical performance measures exceeds one or
more of the APB thresholds
Describe how the Acquisition Process Model (APM) can be used - Answer- an online
tool that provides a visual representation of all six Defense Acquisition Program Models
as well as the overall visual process flow of AF acquisition
describe how Rapid Prototyping and Rapid Fielding enables rapid acquisition - Answer-
Urgent Op Needs: less than 2 years to deliver/field
Middle Tier: less than 5 years to deliver/field. Less rules, speed, innovation, and risk
Tailorable Traditional: no time constraint to deliver/field. Structure (red tape),
safeguards, oversight
Rapid prototyping: innovative technology (5 years or less)
Rapid Fielding: proven technology (5 years or less)
Describe Other Transaction (OTs) agreements - Answer- Definition: a transaction to
which most of the laws and regulations governing federal contracts (including FAR) do
not apply
OT must meet one of these conditions:
- at least one "non-traditional" defense contractor or non-profit research institution
participating to a significant extent
- all significant participants are small business or "non-traditional" defense contractors
- at least 1/3 of total cost of the project is paid by sources other than the Federal
Government
- the agency's senior procurement executives justifies the use of OT in writing
Define risk - Answer- a future event that, if it occurs, may cause a negative outcome or
an execution failure in a program within defined performance, schedule and cost
constraints
Identify ? elements of risk - Answer- - Future event (root cause)
- Probability
- Consequence
Describe the ? steps of the risk management process - Answer- - Risk Management
Planning
- Risk Identification - ask what can go wrong?
- Risk Analysis (probability & impact)
Explain the ? risk handling responses - Answer- - Mitigate (active)
- Avoid (active)
- Transfer (active)
- Accept (passive)
- Monitor (passive): requires taking action when "likelihood" or "consequence" reaches
trigger point
identify the three aspects of the SE approach to solving problems - Answer- - top down
design and bottom up realization (the "V")
- integrated, life cycle balance method
- interdisciplinary
List the eight SE technical management processes - Answer- TP DATA CRIDR Mgmt
- Technical Planning (TP)
- Decision Analysis (DA)
- Technical Assessment (TA)
- Configuration Management
- Requirements Management
- Interface Management
- Technical Data Management
- Risk Management
Describe the purpose/importance of baselines and specifications - Answer-
Specifications: describes what must be built and how well it must operate/perform
Baseline: provide a means of comparing what our contractors deliver to what we
(government) had expected
Identify the policy and procedures that apply to Information Technology (IT) and
Defense Business Systems (DBS) - Answer- 1. DoDI 8500.1; Cybersecurity Policy -
policy to ensure systems are protected before operating in the field. Prevent stealing,
gain resilience and prevent tampering
The benefits of buying summaries with Stuvia:
Guaranteed quality through customer reviews
Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.
Quick and easy check-out
You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.
Focus on what matters
Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!
Frequently asked questions
What do I get when I buy this document?
You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.
Satisfaction guarantee: how does it work?
Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.
Who am I buying these notes from?
Stuvia is a marketplace, so you are not buying this document from us, but from seller Scholarsstudyguide. Stuvia facilitates payment to the seller.
Will I be stuck with a subscription?
No, you only buy these notes for $11.49. You're not tied to anything after your purchase.
