complete the contract budget base log for transactions from Feb to May.

CONTRACT BUDGET BASE LOG CASE STUDY ergject Searchlight assignment 1. Read the following Scenario. Based on the information contained in in the Scenario, finish preparing the Contract Budget Base Log (CBB) that follows. Be careful not to forecast any negotiation positions to the customer. 4. Do not fail to consider the Fiscal Calendar Scenario oct Searchlight is a $108M Cost Plus Fixed Fee (CPEF) satellite contract with a Fixed Fee of $8M. contract was signed on 14 January Year 01. After reviewing the proposal and changes that oc- med during negotiation, the project manager (PM) established a nine percent preliminary Management reserve. The PM expected that number to fluctuate as control accounts were detail planned. 28 February Year 01 the PM signed the last of the Control Account Authorization Documents (CAADs). hereby establishing the Performance Measurement Baseline (PMB). At that time the sum of all control counts equaled $93.5M. There was no Undistributed Budget (UB) at that time, and no modifications ad yet been made to the contract. in 23 April Year 01 P0001, a $1M non-fee bearing modification to the contract was negotiated. On 16 May the last of the control accounts affected by P0001 was completed with signatures on the CAADs. The sum of the changes to all affected control accounts was $925K. All effort was distributed and the remaining budget was set aside for future unknowns. On 22 May a Stop Work Order (SWO) was received for the AM-to-PM Converter Fractometer. This was budgeted in the program at $1.2M. By the time the effort was shut down, 33% of the task had been done and $520K had been spent. The remaining effort was removed from the control accounts. Business Administration personnel had adjusted all documentation by 29 May, the end of the fiscal month. On 10 June a FAX was received from the Procuring Contracting Officer (PCO) that authorized the PM to proceed with analysis of an alternative Power Source Module (PSM) design. The FAX stipulated a Not- lo-Exceed (NTE) of $10M (cost only), which the PM found to be acceptable. Negotiation was expected o be completed within 90 days. The PM figured she would lose about 5% during negotiation. It was an- Icipated that the effort would last approximately nine months at about $1M/month. The PM authorized 90 days of initial effort to be performed. On August 20th the PM authorized additional 90 days worth of effort associated with the Power Source Module design. Negotiations with the customer were delayed awaiting a support audit to be completed. Unfortunately, negotiations were not completed until 22 October Year 01 for the Alternative PSM Design Analysis change. At that time modification P0002 for the Alternative PSM Design Analysis change was is- sued for $10.1M including $600K Fixed Fee. The PM established additional MR in the amount of $400K. None of the affected control accounts were revised prior to 30 October Year 01. All effort associated with P0002 was detail planned and authorized prior to the Thanksgiving break. Sa Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu 1st Otra January February March WK 1 4 5 6 7 8 9 10 1 2 3 4 5 6 7 29 1 2 3 WK 2 11 12 13 15 16 17 8 9 10 11 12 13 14 7 8 9 10 11 12 WK 3 18 19 20 21 22 23 24 15 16 17 18 19 20 21 14 15 16 17 18 WK 4 25 26 27 28 29 30 31 22 23 24 25 26 27 21 22 23 24 25 26 13 20 27 4 5 2nd Qtr WK 1 4 WK 2 11 WK 3 18 WK 4 25 April 6 7 8 13 14 15 20 21 22 20 21 22 27 28 29 9 16 5 12 19 26 10 17 24 24 1 12 2 3 9 10 17 17 23 24 May 4 5 6 11 12 13 18 18 19 19 20 20 25 26 27 7 8 14 15 21 21 28 30 6 13 20 31 7 14 21 1 8 15 22 Juno 2 3 9 16 17 23 24 18 25 19 26 30 10 3rd Qtr. WK 1 WK 2 WK 3 WK 4 4 11 18 26 17 5 12 19 26 July 6 7 8 13 14 15 20 21 22 27 28 29 9 16 23 30 1 8 15 22 2 9 16 23 August 3 4 10 11 17 18 24 25 5 6 12 13 19 26 27 7 14 21 28 29 5 12 19 30 6 13 20 31 7 14 21 September 1 2 3 8 9 10 15 16 17 22 23 24 4 11 18 25 24 31 8 15 1 8 3 10 4 11 WK 1 WK 2 WK 3 WK 4 WK 6 October 5 6 12 13 19 20 26 27 3 4 10 11 17 18 24 25 7 14 21 28 November 2 3 4 9 10 11 17 18 23 | 24 9 31 7 23 14 30 21 5 6 12 13 19 20 26 | 27 28 5 12 19 29 6 13 20 27 30 7 14 21 28 December 1 2 8 9 15 16 22 23 29 30 29 22 28 31 Contract Budget Base Log 2 10 11 Trans- action 4 5 Contract Authorized Target Cost Work (CTC) (AUW) Number Date Contract Budget Base (CBB) Performance Management Measurement Undistributed Reserve Baseline Budget (MR) (PMB) Description Allocated (Distributed) Budget (UB) Remarks/Notes January IPMR N/A February IPMR N/A March IPMR April IPMR NIA May IPMR CONTRACT BUDGET BASE LOG CASE STUDY ergject Searchlight assignment 1. Read the following Scenario. Based on the information contained in in the Scenario, finish preparing the Contract Budget Base Log (CBB) that follows. Be careful not to forecast any negotiation positions to the customer. 4. Do not fail to consider the Fiscal Calendar Scenario oct Searchlight is a $108M Cost Plus Fixed Fee (CPEF) satellite contract with a Fixed Fee of $8M. contract was signed on 14 January Year 01. After reviewing the proposal and changes that oc- med during negotiation, the project manager (PM) established a nine percent preliminary Management reserve. The PM expected that number to fluctuate as control accounts were detail planned. 28 February Year 01 the PM signed the last of the Control Account Authorization Documents (CAADs). hereby establishing the Performance Measurement Baseline (PMB). At that time the sum of all control counts equaled $93.5M. There was no Undistributed Budget (UB) at that time, and no modifications ad yet been made to the contract. in 23 April Year 01 P0001, a $1M non-fee bearing modification to the contract was negotiated. On 16 May the last of the control accounts affected by P0001 was completed with signatures on the CAADs. The sum of the changes to all affected control accounts was $925K. All effort was distributed and the remaining budget was set aside for future unknowns. On 22 May a Stop Work Order (SWO) was received for the AM-to-PM Converter Fractometer. This was budgeted in the program at $1.2M. By the time the effort was shut down, 33% of the task had been done and $520K had been spent. The remaining effort was removed from the control accounts. Business Administration personnel had adjusted all documentation by 29 May, the end of the fiscal month. On 10 June a FAX was received from the Procuring Contracting Officer (PCO) that authorized the PM to proceed with analysis of an alternative Power Source Module (PSM) design. The FAX stipulated a Not- lo-Exceed (NTE) of $10M (cost only), which the PM found to be acceptable. Negotiation was expected o be completed within 90 days. The PM figured she would lose about 5% during negotiation. It was an- Icipated that the effort would last approximately nine months at about $1M/month. The PM authorized 90 days of initial effort to be performed. On August 20th the PM authorized additional 90 days worth of effort associated with the Power Source Module design. Negotiations with the customer were delayed awaiting a support audit to be completed. Unfortunately, negotiations were not completed until 22 October Year 01 for the Alternative PSM Design Analysis change. At that time modification P0002 for the Alternative PSM Design Analysis change was is- sued for $10.1M including $600K Fixed Fee. The PM established additional MR in the amount of $400K. None of the affected control accounts were revised prior to 30 October Year 01. All effort associated with P0002 was detail planned and authorized prior to the Thanksgiving break. Sa Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu Fri Sat Sun Mon Tue Wed Thu 1st Otra January February March WK 1 4 5 6 7 8 9 10 1 2 3 4 5 6 7 29 1 2 3 WK 2 11 12 13 15 16 17 8 9 10 11 12 13 14 7 8 9 10 11 12 WK 3 18 19 20 21 22 23 24 15 16 17 18 19 20 21 14 15 16 17 18 WK 4 25 26 27 28 29 30 31 22 23 24 25 26 27 21 22 23 24 25 26 13 20 27 4 5 2nd Qtr WK 1 4 WK 2 11 WK 3 18 WK 4 25 April 6 7 8 13 14 15 20 21 22 20 21 22 27 28 29 9 16 5 12 19 26 10 17 24 24 1 12 2 3 9 10 17 17 23 24 May 4 5 6 11 12 13 18 18 19 19 20 20 25 26 27 7 8 14 15 21 21 28 30 6 13 20 31 7 14 21 1 8 15 22 Juno 2 3 9 16 17 23 24 18 25 19 26 30 10 3rd Qtr. WK 1 WK 2 WK 3 WK 4 4 11 18 26 17 5 12 19 26 July 6 7 8 13 14 15 20 21 22 27 28 29 9 16 23 30 1 8 15 22 2 9 16 23 August 3 4 10 11 17 18 24 25 5 6 12 13 19 26 27 7 14 21 28 29 5 12 19 30 6 13 20 31 7 14 21 September 1 2 3 8 9 10 15 16 17 22 23 24 4 11 18 25 24 31 8 15 1 8 3 10 4 11 WK 1 WK 2 WK 3 WK 4 WK 6 October 5 6 12 13 19 20 26 27 3 4 10 11 17 18 24 25 7 14 21 28 November 2 3 4 9 10 11 17 18 23 | 24 9 31 7 23 14 30 21 5 6 12 13 19 20 26 | 27 28 5 12 19 29 6 13 20 27 30 7 14 21 28 December 1 2 8 9 15 16 22 23 29 30 29 22 28 31 Contract Budget Base Log 2 10 11 Trans- action 4 5 Contract Authorized Target Cost Work (CTC) (AUW) Number Date Contract Budget Base (CBB) Performance Management Measurement Undistributed Reserve Baseline Budget (MR) (PMB) Description Allocated (Distributed) Budget (UB) Remarks/Notes January IPMR N/A February IPMR N/A March IPMR April IPMR NIA May IPMR