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DAU PMT 352B - Exam 2
Exam 2 Part II
110
Other
Graduate
10/24/2011

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Cards

Term
What are the Cost Reimbursement Types?
Definition
-Cost Plus Fixed Fee
-Cost Plus Incentive Fee
-Cost Plus Award Fee
-Cost
-Cost Sharing
Term
What are Fixed Price Types?
Definition
-Firm Fixed Price
-Fixed Price Award Fee
-Fixed Price Incentive (Firm Target or Successive Target)
-Fixed Price (Level of Effort)
-Fixed Price with Economic Price Adjustment
-Fixed Price with Price Redetermination
Term
What type of contract type is based on Contractor's Performance?
Definition
Fixed Price
Term
What type of contract type is less risky to the government?
Definition
Fixed Price
Term
What type of contract is less risky to the contractor?
Definition
Cost Reimbursement
Term
What type of contract type is more riskier for the government?
Definition
Cost Reimbursement
Term
What type of contract type is riskier to the contractor?
Definition
Fixed Price
Term
What type of contract type where cash flow is "as incurred?"
Definition
Cost Reimbursement
Term
What type of contract type is where the cash flow is "on delivery?"
Definition
Fixed Price
Term
What type of contract types is based on Performance or Progress Payments?
Definition
Fixed Price
Term
What type of contract types is based on "invoice - normally on a monthly basis?"
Definition
Cost Reimbursement
Term
What type of contract types has the maximum Government insight?
Definition
Cost Reimbursement
Term
What type of contract types is based on "minimum Government Surveillance?"
Definition
Fixed Price
Term
What type of contract types is based on "best effort?"
Definition
Cost Reimbursement
Term
What type of contract types is based on "shall deliver?"
Definition
Fixed Price
Term
What is negotiated in advance?
Definition
Fee
Term
CPFF limit
Definition
-R&D 15%;
-Other (e.g. services) 10%;
-No other statutory limits – KO Judgment
Term
Based on Fixed Price and the result of Contractor's performance.
Definition
Profit: Structured approach (negotiated based on Weighted Guidelines IAW FAR 16.2)
Term
Cost Plus Award Fee (CPAF)
Definition
Advantages to the Government:
-Subjective/Discretionary decision making
-Control and flexibility of criteria
-Unilateral modification to add award fee for period

Disadvantages
-Very people and time intensive
-Contractor may dispute whether
-Government followed its award fee plan; not whether it earned “correct” fee
Term
Firm Fixed Price
Definition
Contractor must deliver quality product;
paid negotiated price regardless of cost
Term
Firm Fixed Price
Definition
Price is negotiated and established at contract award
Term
Fixed Price Award Fee (FPAF)
Definition
Negotiated and established
at contract award
-Fixed Price
-Paid for satisfactory performance
-Award Fee evaluation criteria
-Award Fee paid in addition to fixed price
-Based on performance during award fee periods in accordance with Award Fee plan
Term
Fixed Price Incentive (Firm Target) (FPI(F))
Definition
Established at
Contract Award
- Target Cost (TC)
- Target Profit (TP)
- Ceiling Price (CP)
- Share Ratio (SR)
Term
Point of Total Assumption (PTA)
Definition
cost at which the contractor assumes all cost risk (0/100 share ratio from PTA to CP and beyond)
Term
Better Buying Power (BBP)
Definition
The objective of ____ ____ ___ is NOT to reduce contractor profits to make programs more affordable. Absolutely not. The intent of the BBP is not to reduce the contractor’s profit margins. In fact, DoD will accept increased profit margins if the contractor can reduce overall program price. In fact, one of the tenets of the fixed price incentive fee (FPIF) contract is to provide contractors an additional profit incentive to drive out program costs. The converse should also be true, however. We should not reward poor performance by industry with high margins, and we should use strong incentives to motivate contractor performance wherever possible.”
Term
Commercial Contract Financing
Definition
-Advance payments
-Interim payments
Term
Non Commercial Contract Financing
Definition
Non-commercial
-Advance payments
-Loan guarantees
-Progress payments
-Based on Costs
-Performance based payments
Term
Risk Mitigation
Definition
Selecting contract type, incentive package, and financing plan are part of _______ ______ planning
Term
Contracting strategy for program as _ _____ must be thought through “up front and early
Definition
a whole
Term
Who do you work with hand and hand throughout the entire contracting process?
Definition
Contracting Officer
Term
Selecting the appropriate contract type, incentive package, and financing plan are part of _____ _____ planning
Definition
acquisition strategy
Term
Who does the PM work with in recommending a contract type to MDA for MDAP?
Definition
Contracting Officer
Term
A ____ ____ development contract may be too risky, if so:
MDA documents basis for contract type
Explanation of the level of program risk
If level of risk is high, steps taken to reduce risk
Reasons for proceeding with M/S B approval despite high risk
Definition
Fixed Price
Term
What are payment events?
Definition
-Receipt of material
-Receipt of major subcontracted items
-Product leaving a machining / tooling phase
-Completion of first article testing
-Machining, forging, fabricating parts
Term
Best method for selecting payment events
Definition
Diagram the process flow of the product and select the key events that lead to completing the product.
Term
What is the Government’s preferred method of contract financing for fixed price contracts
Definition
Performance Based Payments (PBP)
Term
What is the left leg of the V?
Definition
Design
Term
What is the right left of the V?
Definition
Fabricate, Integrate, and Test
Term
Design
Definition
It is viewed as a top-down process.
Term
Design
Definition
Starting with the defintion of system level requirements, proceeds to item level and fnally to detailed design requirements, reviewed at the CDR
Term
Fabricate, Integrate and Test
Definition
A bottom up process
Term
Fabricate, Integrate and Test
Definition
Starts with the build up of components and assemblies, to configuration items and finally to system level
Term
Technical Management Process
Definition
-Decision Analysis
-Technical Planning
-Technical Assessment
-Requirements Management
-Risk Management
-Configuration Management
-Techical Data Management
-Interface Management
Term
Technical Process
Definition
-Stakeholder Requirements
-Requirements Analysis
-Architecture Design
-Integration
-Verification
-Validation
-Translation
Term
PDR
Definition
Allocated baseline is set for E&MD
Term
CDR
Definition
Initial product baseline going into manufacturing
Term
PDR & CDR
Definition
What is the only reviews required by the 5000.2
Term
The left side of the V is what?
Definition
Design/Verification Planning leg
Term
[image]
Definition

Top Left Down

Stakeholder Requirements

Requirements Analysis

Architecture Design

 

Bottom Up

Implementation

Integration

Verfication

Validation

Transition

 

Term
What does each "V" starts off by listing what?
Definition
inputs
Term
Left Side of the "V"
Definition
Top down driven process - definition / design tasks
Term
Right side of the "V"
Definition
is a bototm up driven process - fabrication, integration, test tasks
Term
Translates user needs into Solutions
Definition
Systems Engineering
Term
What does the PM use to manage the technical development of the system increments including the supporting or enabling systems
Definition
Technical Management Process
Term
Decision Analysis
Definition
Ensures proper technical decisions making for balancing:
-Cost Performance
-Schedule
-Supportabilty
-Roboustness
Comprises
-Trade Studies
-Supportabilty analysis
-Cost analysis
Term
Decision Analysis
Definition
Ensures proper technical decisions making for balancing:
-Cost Performance
-Schedule
-Supportabilty
-Roboustness
Comprises
-Trade Studies
-Supportabilty analysis
-Cost analysis
Term
Decision Analysis
Definition
Defines and prioritizes decision criteria with respect to programmatic, technical and total life cycle concerns
Term
Decision Analysis
Definition
Provies the basis for evaluation and selection of technical alternatives when decisions need to be made (Make or buy Decisions)
Term
What are you looking at during decision analysis?
Definition
-Cost Performance
-Schedule
-Supportabilty
-Roboustness
Term
How are you comparing things during decision analysis?
Definition
-Trade Studies
-Supportabilty analysis
-Cost analysis
Term
Decision Analysis
Definition
Provides the basis for evaluating and selecting alternatives when decisions need to be made
Term
Decision Analysis
Definition
Involves selecting the criteria for the decision and the methods to be used in conducting the analysis
Term
Decision Analysis
Definition
During system design, analysis must be conducted to help chose amongst alternatives to achieve a balanced, supportable, robust and cost effective system design
Term
Decision Criteria
Definition
Will be influenced by such things as interoperabilty constraints, size, transportabiltiy reqts, maint. concept, affordabilty, reliabilty, availabilty, and maintainability goals and schedule
Term
Technical Planning
Definition
Ensures proper planning of the SE process throughout the system's life cycle.
Term
Technical Planning
Definition
Addresses:
-Technical effort required
-Technical maturation of the system throughout the program
Term
Technical Planning
Definition
Each technical process are subject to _____ _____.
Term
Technical Planning
Definition
May influece the derived reqts.
Term
Systems Engineering Plan (SEP)
Definition
Is a mandated tool for Technical Planning
Term
Technical Planning
Definition
as opposed to program planning, addresses the scope of the technical effort required to develop the system
Term
Technical Planning
Definition
_______ _________ for implementation, integration, verfication, validation, and transition processes and their accompanying systems can reveal constraints and interfaces that will result in derivied technical requirements
Term
Technical Assessment
Definition
Measuring technical progress and the effectiveness of plans and reqts. (Via TPMs and TRs)
Term
Technical Assessment
Definition
Measures technical progress and maturation
Term
Technical Performance Measurement (TPM)
Definition
Forecasts values of essential performance parameters, measures values achieved by current design, determines the impact of difference (forecast vs current) on system effectiveness
Term
Technical Reviews (TR)
Definition
Demonstrates and confirms technical maturity and relevant exit criteria
Term
Technical Assessment
Definition
These actys discover deficiencies or anomalies that often result in the application of corrective action.
Term
Preliminary Design Review (PDR)
Definition
Required by DOD 5000.02
Term
Preliminary Design Review (PDR)
Definition
Assesses the preliminary design as captured in performance specs for each configuration item (CI),
Term
Preliminary Design Review (PDR)
Definition
Determines whether the system is ready to proceed into detailed design, confirms the allocated baseline
Term
System Level Preliminary Design Review (PDR) for Non Major Programs (ACAT II-IV)
Definition
can be done during TD phase (if part of the TDS) or post MS B early in EMD phase (if part of the AS)
Term
System Level Preliminary Design Review (PDR) for Major Defense Acq. Programs (MDAP) ACAT I
Definition
PDR, PDR Report and POST-PDR Assessment required to be done prior to MS B
Term
Formal PDR Report is required by____
Definition
PM
Term
Formal PDR Report
Definition
Assessed as part of MS B review, or after MS B at Post PDR Assessment, as appropriate
Term
Critical Design Review (CDR)
Definition
Required by the DOD 5000.02
Term
System Critical Design Review (CDR)
Definition
accomplished during EMD phase
Term
System Critical Design Review (CDR)
Definition
Assesses system final design as captured in performance specs for each CI
Term
System Critical Design Review (CDR)
Definition
Determines whether the system is ready to proceed to fabrication, confirms the product baseline
Term
Formal CDR Report
Definition
Required
Term
Who will participate in CDRs?
Prepare an assessment of design maturity and technical risks; and
coodinate these assessments with the PM prior to forwarding them to the MDA
Definition
DASD (SE)
Office of Deputy Secretary of Defense (SE)
Term
Requirements Mangement
Definition
Provides adequate practices and repostory to capture, present, and manage requirements, their attributions and relationships
Term
Requirements Mangement
Definition
Maintain bi-directional traceabilty from capability needs identified by JCIDS down to the lowest level derived technical reqts.
Term
Requirements Mangement
Definition
Also establish traceabilty to verification and validation
Term
Requirements Mangement
Definition
Captures rationale for changes
Term
Requirements Mangement
Definition
Providing traceabilty of system and subsystems requirements ultimately back to user-defined capabilties and needs
Term
Requirements Mangement
Definition
Provides traceabilty back to user-defined capabilities as documented through the Joint Capabilities Integration and Development System
Term
Requirements Mangement
Definition
1. Maintain traceability of all reqts from capabilities needs
2. to document all changes to those reqts
3. to record the rational for those changes
Term
Risk Management
Definition
Addresses potential risks for deviation from the program objectives over the whole life cycle
Term
Risk Mangement
Definition
In systems enginerring examines the risk of deviating from program plan.
Term
Risk
Definition
____ is addressed from day one and througout the program
Term
Issue
Definition
If it has already happened, its an _____
Term
Configuration Mangement
Definition
The establishment and maintenance of the consistency of a product's attributes with its requirements and configuration information
Term
Configuration Identification
Definition
Product Structure
Term
Configuration Change Control
Definition
Processes
Term
Configuration Status Accounting
Definition
At any point in time
Term
Configuration verification and audit
Definition
COnfirms performance and functional requirements have been met
Term
Data Management
Definition
Efficient ____ ____ is an esential enabler for good SE
Term
Data Management
Definition
Provides techical and programmatic insight and supports management actys as well as decision making
Term
Data Management
Definition
Data acquistion and retrieval (access vs acq of all data)
Term
Interfaces
Definition
These are among the most common sources of failure in complex systems
Term
Interface Management
Definition
Establishes practices and procedures to ensure proper interface defintions, documentation and compliance throughout the system life cycle
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