Evm 101 module 5 - Study guides, Class notes & Summaries

EVM 101 Module 5 Assessment and Management Action Exam 2023 | Verified Answers. What are some typical management actions integrated analysis using Earned Value Management (EVM) data can support? [Recognize the steps and sub-steps of a three-step Integrated Analysis Model] Making tradeoff decisions to reduce cost, adjusting budget requests Determining requirements for the warfighter Helping the Government decide to withhold some of the contractor management reserve for Government us...

EVM 101 Module 5 Assessment and Management Action Exam 2023 | Verified Answers. What is the purpose of the identifying technical, schedule, and cost drivers when analyzing past performance? [Recognize key tasks in analyzing past performance.] To identify elements that appear more likely to impact the ability to achieve contract objectives and therefore require management attention To ensure contract technical performance measures (TPMs) accurately describe desired capabilities To ad...

EVM 101 Module 5 Assessment and Management Action Exam 2023 | Verified Answers. What is the purpose of the identifying technical, schedule, and cost drivers when analyzing past performance? [Recognize key tasks in analyzing past performance.] To identify elements that appear more likely to impact the ability to achieve contract objectives and therefore require management attention To ensure contract technical performance measures (TPMs) accurately describe desired capabilities To ad...

Defense Acquisition University ACQ 101/ACQ101 all module tests Fall 2022 Questions and correct Answers. Defense Acquisition University; ACQ 101 all module Exams 1) A system can be defined as: All elements (e.g., hardware, software, logistics support, personnel) needed to assist the Department of Defense (DoD) to conduct its mission of deterring or winning war The deployment and fielding processes used by the Department of Defense (DoD) to conduct its mission of deterring or winnin...

Defense Acquisition Course - ACQ 101 Module 9 Questions Well Answered Defense Contract Audit Agency (DCAA) responsible for conducting audit reviews of the contractor's accounting system policies, procedures and activities. Also the contract auditor assigned by the DCAA participates in surveillance and earned value management system review if a EVM Systems guidelines ensures that contractors have and use _________ that integrate cost, schedule, and technical performance. adequate managemen...

EVM 101 Module 1-6 TEST | Verified Answers 2023. This graph depicts a time-phased performance measurement baseline (PMB) with cumulative budgeted cost for work scheduled (BCWS), budgeted cost for work performed (BCWP), and actual cost of work performed (ACWP). Given this information, which of the following is true at Time Now? (IMAGE DESCRIPTION: PMB graph with BCWS plotted from contract start through contract end. BCWP and ACWP are plotted from contract start through time now. At time now...

EVM 101 Module 1-6 TEST | Verified Answers 2023. How do financial managers (FMs) use Earned Value Management (EVM) data? FMs use the data to determine a fair profit and fee for the contractor. FMs use the data to validate contractor invoices and payment. FMs use the data to prepare budgets and track funding. PMs are the ones involved with EVM; FMs are not involved in the EVM process. 2) This graph depicts a time-phased performance measurement baseline (PMB) with cumulative budgeted co...