Knowledge Check 2

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Warner Pacific College *

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MISC

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Business

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Jan 9, 2024

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11/3/23, 12:29 PM Review Test Submission: Day 4 - First Week Knowledge Check ... FCR 201 022 FY24 (10/31/23 - 11/9/23) Course Assignments Review Test Submission: Day 4 - First Week Knowledge Check Activity Review Test Submission: Day 4 - First Week Knowledge Check Activity User meredith valentine Course FCR 201 022 FY24 (10/31/23 - 11/9/23) Test Day 4 - First Week Knowledge Check Activity Started 11/3/23 3:00 PM Submitted 11/3/23 3:29 PM Status Completed Attempt Score 80 out of 100 points Time Elapsed 28 minutes out of 1 hour Instructions Answer the following 20 questions Results Displayed All Answers, Submitted Answers, Correct Answers, Feedback, Incorrectly Answered Questions Question 1 5 out of 5 points The Acquisition process should contain which of the following in formulating a strategy for it to be successful in the pre-award planning phase? Selected Answer: @ c. A structure and communications plan for relationships between the government and private sector Answers: a. A structure, business needs, and kick off meeting plan b. Market research, ethics, and communications plans @ c A structure and communications plan for relationships between the government and private sector d. Communications plan for private sector relationships and protest negotiations Response The correct answer is ¢ - A structure and communications plan for relationships between the government and private sector. Feedback: Per FAR part 7, the acquisition process for contracting should have a sound structure. The acquisition process should consist of a structure that involves all activities associated with identifying and justifying a mission or business need, formulating an acquisition strategy to meet this need, and implementing the strategy by means of a contractual relationship with the private sector Question 2 5 out of 5 points In the planning phase, the COR should be identified and established as early as possible? Selected Answer: & True Answers: & True False Response The correct answer is true. The COR should be involved early in the process as they can help ensure that the technical aspects Feedback: of contract development are done correctly. Question 3 5 out of 5 points The COR can obligate the government and has the authority to change conditions? Selected Answer: & False Answers: True & False Response The correct answer is False, The COR does NOT have the authority to obligate the Government! They have no authority to Feedback: make any commitments or changes that affect price, quality, quantity, delivery, or other terms and conditions of the contract nor in any way direct the contractor or its subcontractors to operate in conflict with the contract terms and conditions. Question 4 5 out of 5 points During the planning phase and all phases of the acquisition, there are roles and responsibilities that the COR, PM, and the CO perform. b In the planning phase, which roles and responsibilities should the COR perform or have activity in? Selected @ d. Answer: Support and assist in performing market research, assists in defining requirements, and identifies needed documents for the acquisition https://vaaa.blackboard.com/webapps/assessment/review/review.jsp?attempt_id=_703154_1&course_id=_4349 1&content_id=_222603_1&return_co... 117
11/3/23, 12:29 PM Answers: Response Feedback: Question 5 Review Test Submission: Day 4 - First Week Knowledge Check ... a Develops market research, sets requirement needs, and finalizes needed documents for the acquisition b Reviews market research, defines requirements, and develops needed documents for the acquisition c. Performs market research, defines requirements, and gathers needed documents for the acquisition @ d. Support and assist in performing market research, assists in defining requirements, and identifies needed documents for the acquisition The correct answer is d - Support and assist in performing market research, assists in defining requirements, and identifies needed documents for the acquisition The COR roles and responsibilities in the planning are Supports market research, Assists PM in defining the requirements (Identifies all applicable requirements documents necessary for soliciting, evaluating, awarding and managing the contract), Provides technical assistance (Participates in industry forums, seminars, training, etc., to keep abreast of current technologies and market practices), Sets Technical Evaluation Criteria, , assists with the IGCE, and Communicates with CO (for Acquisition Planning, Evaluation Criteria, Requirements) 5 out of 5 points When is an IPT mandatory and needed? (select the best answer from the below options) Selected Answers: Answers: Response Feedback: Question 6 @ a. They are mandatory for contracts over $7 million dollars and are recommended for complex acquisitions when there is considerable technical, program, or business risk to the Government. When contracts are complex, the best practice is to establish an IPT, so the government reduces its risk. @ a They are mandatory for contracts over $7 million dollars and are recommended for complex acquisitions when there is considerable technical, program, or business risk to the Government. When contracts are complex, the best practice is to establish an IPT, so the government reduces its risk. b. They are NOT mandatory for contracts over any amount and only used when a supervisor states to use one. C They are not mandatory for contracts and are recommended for basic acquisitions when there is not any considerable technical, program, or business risk to the Government. d. They are only needed for basic acquisitions at less than $1 million when there is no technical, program, or business risk to the Government. The correct answer is a. - They are mandatory for contracts over $7 million dollars and are recommended for complex acquisitions when there is considerable technical, program, or business risk to the Government They are mandatory for contracts over $7 million dollars and are recommended for complex acquisitions when there is considerable technical, program, or business risk to the Government. When contracts are complex, the best practice is to establish an IPT, so the government reduces its risk. 5 out of 5 points What is the FAR? (select the best answer below) Selected Answer: @ b. A set of rules goveming the federal government’s acquisition process Answers: Response Feedback: Question 7 a. Acquisition Guidelines for the COR @ b. Aset of rules governing the federal government's acquisition process c. A set of tools and methodologies for saving the Federal government money on contracts d. A set of regulations for governing the operation of Federal agencies The correct answer is b - A set of rules governing the federal government’s acquisition process. The FAR is a set of clauses that are part of the Code of Federal Regulations. The FAR is important because it describes the rules and guidelines for contracting in the Federal Government. Federal government agencies—as well as government contractors that win a contract—are regulated by the FAR and must follow the procurement rules and policies set forth in the FAR. 0 out of 5 points When you are designated and selected as a COR for an acquisition this becomes your primary job? Selected Answer: €3 True Answers: https://vaaa.blackboard.com/webapps/assessment/review/review.jsp?attempt_id=_703154_1&course_id=_4349 1&content_id=_222603_1&return_co... True & False 217
11/3/23, 12:29 PM Review Test Submission: Day 4 - First Week Knowledge Check ... Response The correct answer is false. There is no set job duty or classification series in the federal government for a COR. There are super Feedback: COR's that are Program Specialist that their sole duty is to manage contracts but hired as a general GS -0301 series. ACOR is not a series position so you as a COR are assigned as a COR and can be classifies as other duties assigned. The PM is the same. There is no job series for a PM and that is other duties assigned. Question 8 0 out of 5 points An Integrated Project Team (IPT): (select all that apply) Selected @ a. Is a best practice for acquisition Answers: S Contains key team members and those members should be part of the IPT from initial needs planning, into contract performance, and through contract closeout. Q d. Contains key team members with subject matters pertaining to the acquisition requirements that produced the contract for procurement. Answers: @ a. Is a best practice for acquisition b. Is established by the COR &ec Contains key team members and those members should be part of the IPT from initial needs planning, into contract performance, and through contract closeout. d. Contains key team members with subject matters pertaining to the acquisition requirements that produced the contract for procurement. Response There are multiple answers for the correct response. The correct answers are a & ¢ - Is a best practice for acquisition & Contains Feedback: key team members and those members should be part of the IPT from initial needs planning, into contract performance, and through contract closeout. The first step in acquisition planning is to know and understand what an Integrated Project Team. An Acquisition Working IPT is a best practice, multi-disciplinary team of high performing experts committed to a common purpose, to deliver specified acquisition work products or services (e.g. Initial Government Cost Estimate, Acquisition Plan) that meet the requirements on time and within budget. As with any high performing team, members should hold themselves mutually accountable for the success of the effort. Members provide competency-based expertise and advocacy, for their respective areas, throughout all phases of the project’s lifecycle. The entire team is collectively responsible for the delivery of work projects, as specified by the Acquisition Working IPT Charter that should have been previously signed by all Acquisition Working IPT members. The IPT is the basic organizational unit for performing tasks associated with an acquisition throughout the life cycle. It should and must work collaboratively on a daily basis to plan, manage, and execute all activities. Question 9 5 out of 5 points Do you agree or disagree that their must be funding and proof of it before the CO will proceed with an acquisition of either products or services? Selected Answer: & Agree Answers: & Agree Disagree Response The correct answer is to agree with this as funds are obligated to cover the price of a contract and should be in place before Feedback: any solicitation is released. Ref: FAR Part 32 - Contract funding for additional information Question 10 5 out of 5 points When the desired outcome of an acquisition in needed, which type of contract is the best choice? Selected Answer: @ Performance Based Acquisition (PBA) Answers: Indefinite Delivery/Indefinite Quantity (IDIQ) Time and Materials Performance Based Acquisition (PBA) @ Answer Feedback; Correct Response The correct answer is #3 - Performance-Based Acquisition (PBA) formerly Performance-Based Contracting (PBC) is a Feedback: technique for structuring all aspects of an acquisition around the purpose and outcome desired as opposed to the process by which the work is to be performed. FAR Subpart 37.6 -- Performance-Based Acquisition. https://vaaa.blackboard.com/webapps/assessment/review/review.jsp?attempt_id=_703154_1&course_id=_4349 1&content_id=_222603_1&return_co... 3/7
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