Question
1)Which of the following describe the information reported in the Integrated Program Management Report (IPMR) Format 3 shown below? (IMAGE DESCRIPTION: IPMR Format 3 sample
1)Which of the following describe the information reported in the Integrated Program Management Report (IPMR) Format 3 shown below?
(IMAGE DESCRIPTION: IPMR Format 3 sample shows section 6, Performance Data, which includes representative values for the PMB at the beginning and end of the period, authorized baseline changes, management reserve, and the total budget. During January, February, March, April, and Q3 2015 each period included baseline changes authorized of $25.6. The total baseline changes over the project are $128.)
It shows budget was added to the PMB during the reporting month.
The time-phased estimate at completion.
Projected staffing over the remaining period of performance.
The performance measurement baseline (PMB) values did not change during the reporting month.
2)Which of the following is a time-phased plan for accomplishing the contractual scope of work, against which contract performance is measured?
Budgeted cost for work performed (BCWP)
Integrated Master Plan (IMP)
Performance measurement baseline (PMB)
Budget at completion (BAC)
3)Which of the following is a correct statement about how budgeted cost for work scheduled (BCWS) is developed?
The budget at completion (BAC) for a control account is time-phased separately from the scheduled tasks, and maintained as a separate performance measurement baseline (PMB) from the Integrated Master Schedule (IMS).
Control account managers allocate their budget at completion (BAC) to their work packages and planning packages using estimates of resources required.
The management reserve is distributed to the control account managers to hide in the performance measurement baseline (PMB).
The control account managers may only allocate budgets to a portion of the scope in their work authorization documents, leaving some required work packages without budgets.
4)Which of the following is a responsibility of the Government in developing, evaluating, and maintaining the performance measurement baseline (PMB)?
Conduct an Integrated Baseline Review (IBR)
Create the PMB
Prepare an over target baseline (OTB), if appropriate
Adjust the PMB to accommodate changes
5)Which categories of risk should be considered during an Integrated Baseline Review (IBR)?
The IBR team members should consider work classification, time-phased, and work package risks.
The IBR team members should only consider risks associated with cost and schedule.
The Government IBR team members should consider risks associated with cost and schedule. The contractor's IBR team members should consider resource and management processes risks.
The IBR team members should consider technical, cost, schedule, resource, and management processes risks.
6)Which of the following is one of the roles of Integrated Baseline Review (IBR) team members?
Government IBR team members provide the revised Integrated Master Plan (IMP) and Integrated Master Schedule (IMS) to the contractor PM.
Contractor IBR team members provide the revised Integrated Master Plan (IMP) and Integrated Master Schedule (IMS) to the Government program manager (PM).
Government IBR team members train contractor IBR team members on the IBR process.
IBR team members document the risks they identify in a project risk summary
7)Which of the following is a key step in developing an Integrated Master Schedule (IMS)?
Identify the root causes of schedule variances in dollars on Format 1 of the IPMR
Develop the IMS and critical path
Identify schedule variances in dollars
Identify the cost impact of schedule variances
8)What is the effect of float in managing a schedule?
Float indicates tasks that are not necessary to complete the project.
Float indicates a sequence of tasks that must be completed before another sequence begins.
Float allows for scheduling flexibility, and tasks on the critical path have the least amount of float.
Float allows for exchanging critical tasks for less critical tasks.
9)What is the key focus during the Integrated Baseline Review (IBR) execution activity?
The Government program manager (PM) identifies the Government IBR team members.
IBR team members develop an Integrated Master Plan (IMP) and Integrated Master Schedule (IMS) to help develop the performance measurement baseline (PMB).
Contractor control account managers (CAMs) and their Government technical counterparts hold discussions about the performance measurement baseline (PMB).
Government and contractor program managers (PMs) collaborate to develop a plan for conducting the IBR.
10)Which of the following describes the purpose of the management reserve?
Used as a contingency account to account for unplanned events within contract scope
Used as a way to offset or minimize cost variances
Used as a budget reserve for the Government program manager to request funds from the contractor
Used as a contingency account to pay for new contract scope
11)For which of the following is an Integrated Baseline Review (IBR) required by Department of Defense (DoD) policy?
Cost and incentive contracts valued under $20 million
Cost and incentive contracts valued at $20 million and over
Firm fixed-price (FFP) contracts valued under $20 million
Firm fixed-price (FFP) contracts valued at $20 million and over
12)Which of the following is a key document used to incorporate contract scope into the performance measurement baseline (PMB)?
Acquisition Plan
Contractor Work Authorization Document
Risk Register
Integrated Program Management Report (IPMR) Contract Data Requirements List (CDRL)
13)If a work package results in the creation of a piece of test hardware, what kind of effort should the work be classified as?
Level of Effort
Discrete
Reporting
Apportioned
14)Which of the following describes the relationship among summary master, intermediate, and detailed schedules?
The summary master schedule identifies key milestones, intermediate schedules identify accomplishments to support the milestones, and detailed schedules identify tasks that support accomplishments.
The summary master schedule identifies accomplishments, intermediate schedules identify events, and detailed schedules identify tasks that support events.
The summary master schedule identifies tasks that support accomplishments, intermediate schedules identify accomplishments, and detailed schedules identify contract events.
The summary master schedules, intermediate schedules, and detailed schedule serve discrete purposes and are not necessarily related.
15)Which of the following describes the relationship between work packages and planning packages?
As work definition becomes more detailed, planning packages are detailed out into work packages.
As work definition becomes more detailed, work packages are detailed out into budget planning packages.
Both work packages and planning packages are elements of summary level planning packages.
Both work packages and planning packages are essential elements of the management reserve.
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