Globalization: International Monetary Fund

1) One of the primary advantages of international cooperative development includes: Improved currency exchange Reduced cost Foreign dependency Increased administrative requirements 2) An 8a small disadvantaged business graduates from the 8a program after ____ years. 7 5 9 11 3) The Acquisition Strategy should normally be generated using an integrated product team (IPT) approach, including representation from all of the players listed below EXCEPT the _________. Funds Manager End User Milestone Decision Authority Contracting Officer 4) Which of the following are "best practices" that may be appropriate for software intensive programs (Select all that apply)? Consider the risks of reusing existing software Generate new code whenever possible To speed development, only test software at completion Use metrics to manage and monitor risk 5) The __________ phase translates planning decisions, OSD programming guidance, and Congressional guidance into detailed allocations of time-phased resource requirements. Execution Programming Planning Budgeting 6) The final approval authority for system-related National Environmental Policy Act (NEPA) documentation is the: Component Acquisition Executive (CAE) Program Manager (PM) Environmental coordinator Under Secretary of Defense (Environmental Security) 7) Monitoring the performance of risk-handling actions is involved in which step of the risk management model? Risk tracking Risk analysis Risk identification Risk mitigation planning 8) If the Government has funded the entire development of an item, the Government is entitled to _______ rights. Limited Restricted Unlimited Government purpose 9) A _______ is an aggregation of program elements that reflects a macro-level force mission or support mission of DoD. Budget Major Force Program (MFP) Program Objectives Memorandum (POM) Future Years Defense Program (FYDP) 10) A "not invented here" mentality is considered: A barrier to IPPD implementation A key tenet of Integrated Product and Process Development (IPPD) A "Rule of the Road" for effective IPPD implementation A guiding principle of successful Integrated Product Teams (IPTs) 11) Responsibility for awarding the contract and any modifications for Government contracts rests with the _______. Defense Contract Audit Agency Contracting Officer Program Manager Head of the Contracting Agency 12) Applying the Integrated Product and Process Development (IPPD) Management philosophy can result in significant benefits to the customer, DoD, and industry. Some of the primary benefits are reduced cost, increased quality, and _________________. reduced risk increased schedule time reduced planning time lower training requirements