Importance of Elements to Form a Valid Contract DEFENSE ACQUISITION UNIVERSITY EMPLOYEE SELF ASSESSMENT BCF 1

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Importance of Elements to Form a Valid Contract DEFENSE ACQUISITION UNIVERSITY EMPLOYEE SELF ASSESSMENT BCF 1 Powered By Docstoc
					                                            DEFENSE ACQUISITION UNIVERSITY
                                               EMPLOYEE SELF-ASSESSMENT
                                              BCF 102 - Earned Value Management
                                                                                                       090223
                                             Competency
                 Competency                   Achieved?               Work Description/Justification
                                              Yes    No
1 Define the basic elements of
     performance measurement
2 Identify the purpose and specific
     elements of the Work Breakdown
     Structure (WBS)
3 Recognize the relationship between
     the Work breakdown structure (WBS),
     Organization Breakdown structure
     (OBS) and Responsibility Assignment
     Matrix (RAM)

4 Recognize different scheduling
     techniques and their characteristics
5 Recall the relationship of budget to the
     performance measurement system
6 Recall the purpose and elements of
     the performance measurement
     baseline (PMB)
7 Identify the elements and purpose of a
     Control Account
8 Identify methods to measure project
     performance consistent with EVM
     Guidelines (EIA-748) and common
     practice

9 Recall information the accounting
     system must provide to facilitate EVM


10 Identify the impact of cost and
     schedule variances at the control
     account level
11 Estimate the cost to complete a project
     using earned value data
12 Recall the impacts of external and
     internal changes on performance
     measurement baseline (PMB)
13 Recognize the issues involved in
     maintaining a valid performance
     measurement baseline (PMB) in the
     face of programmatic changes and
     performance variances
14 Identify types of, and uses for external
     reports.
15 Identify graphic charts for presenting
     performance reports
16 Recall major contracting processes as
     they relate to EVM
17 Recall the purpose, objectives and
     team composition for an Integrated
     baseline Review (IBR)
18 Identify key elements in EVMS
     Surveillance
19 Recall the key roles and
     responsibilities for surveillance plan
     execution
20 Recognize the elements of the EVM
     (compliant) program
                                            DEFENSE ACQUISITION UNIVERSITY
                                           EMPLOYEE SELF-ASSESSMENT
                               BCF103 – Fundamentals of Business Financial Management

                                               Competency
                Competency                      Achieved?
                                                Yes    No
1 Determine when various cost
   estimates are required to be prepared,
   what estimating methodology is most
   appropriate, and what cost data is of
   interest to various program
   stakeholders given situational
   information for an acquisition program.

      Define the following financial
      management terms: Budget,
      Authorization, Appropriation, Budget
      Authority, Commitment, Obligation,
      Expenditure and Outlay.

      Define the following terms as they
      apply to defense acquisition
      programs: flyaway cost,
      development cost, weapon system
      cost, procurement cost, program
      acquisition cost, life-cycle cost, and
      total ownership cost.

      Describe the following ways of
      presenting acquisition program life-
      cycle cost and the stakeholders
      most interested in each approach:
      appropriations, work breakdown
      structure, and cost categories.

      Describe the basic concepts of
      affordability and the philosophy of
      Cost as an Independent Variable
      (CAIV).
      Recall when, how, and why an
      Analysis of Alternatives is prepared
      for a defense acquisition program.

      Identify when and why each of the
      following documents is required for
      ACAT I and ACAT IA acquisition
      programs: Life-Cycle Cost Estimate,
      Economic Analysis, Component
      Cost Analysis, Independent Cost
      Estimate, and Cost Analysis
      Requirements Description.
      Define the roles, responsibilities and
      perspectives of the organizations
      that participate in the cost
      estimating and review process.

      Define each of the following cost
      estimating methods: analogy,
      parametric, engineering, and actual
      costs.
      Determine the cost estimating
      method most appropriate for use in
      a given situation.
      Estimate the learning curve for a
      production process and the number
      of labor hours required for a future
      production unit.
      Describe the concept of Activity
      Based Costing and its use in DoD.

2 Relate a defense acquisition program's
    cost estimate to its programming and
    budgeting requirements.

      Identify the purpose(s) for which
      each of the major appropriation
      categories of interest to the defense
      acquisition community (RDT&E,
      Procurement, O&M, MILCON, and
      MILPERS) may be used.

      Identify the funding policy (annual,
      incremental, or full) that applies to
      each of the five major appropriation
      categories of interest to the defense
      acquisition community (RDT&E,
      Procurement, O&M, MILCON, and
      MILPERS).

      Describe the three major funding
      policies used in the defense
      acquisition financial management
      community (annual, incremental and
      full).

      Recognize situations where
      exceptions to the funding policies
      are appropriate for the major
      appropriation categories of RDT&E,
      Procurement and O&M.

      Identify the most appropriate time-
      phased cost estimate and budget
      request for RDT&E funds for a given
      program description.
      Identify the most appropriate time-
      phased cost estimate and budget
      request for Procurement funds for a
      given program description.
      Identify the proper appropriation
      used to fund each of the three
      phases (development, production,
      and installation) of a product
      improvement effort.

      Describe the concept of revolving
      funds and the impact of revolving
      fund activities on acquisition
      program budgets.
      Relate constant (base year) dollars
      and then year dollars to each other
      and to the preparation of program
      cost and budget estimates.


3 Explain the budgeting implications of
    various types of contracts, given
    situational information.
      Identify the characteristics of each
      of these types of fixed-price
      contracts: firm fixed-price, fixed-
      price - economic price adjustment,
      and fixed-price incentive fee (firm
      target).

      Identify the budgeting policy for
      each of these types of fixed-priced
      contracts: firm fixed-price, fixed-
      price - economic price adjustment,
      and fixed-price incentive fee (fi rm
      target).

      Identify the characteristics of each
      of these types of cost-reimbursable
      contracts: cost plus fixed fee, cost
      plus award fee, and cost plus
      incentive fee.

      Identify the budgeting policy for
      each of these types of cost-
      reimbursable contracts: cost plus
      fixed fee, cost plus award fee, and
      cost plus incentive fee.

      Describe the concepts of
      termination liability and cancellation
      ceiling and the budgeting policies
      that apply to each.
      Identify the purpose of Earned
      Value Management (EVM) and its
      application to various types of
      contracts.
      Describe how Earned Value data
      can be used to estimate the budget
      requirements of a contract.
4 Explain the Planning, Programming,
   Budgeting, and Execution (PPBE)
   process, to include the relationship of
   each phase to the systems acquisition
   process.

      Recall the primary purpose of each
      of the three phases of the PPBE
      process.
      Identify the inter-relationship
      between PPBE and the Defense
      Acquisition System.
      Identify the purpose, contents and
      three major dimensions of the
      Future Years Defense Program
      (FYDP).
      Identify the purpose of Major Force
      Programs and Program Elements
      and their relationship to the Future
      Years Defense Program.

      Identify the principal players, major
      activities, timeline, and primary
      inputs and products of the Planning
      phase of PPBE.
      Identify the principal players, major
      activities, timeline, and primary
      inputs and products of the
      Programming phase of PPBE.
      Identify the principal players, major
      activities, timeline, and primary
      inputs and products of the
      Budgeting phase of PPBE.
      Recognize the significant issues
      that concern the OSD Budget
      Analyst during his/her review of
      budget justification documentation.
      Recognize reasons that acquisition
      programs may lose funding during
      the PPBE process.
      Recall the characteristics of a good
      reclama or impact statement.
5 Relate the budget exhibits (that is,
    budget justification documentation)
    prepared by acquisition program
    offices to the budget review process
    conducted during the budgeting phase
    of PPBE.

      Recognize the roles and
      responsibilities of the players
      involved in the preparation and
      review of budget exhibits prior to
      their submission to Congress.

      Identify the purpose, content and
      conditions requiring submission of
      the R-1 budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the R-2 and R-2a budget exhibits.
      Identify the purpose, content and
      conditions requiring submission of
      the R-3 budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the R-4 and R-4a budget exhibits.
      Identify the purpose, content and
      conditions requiring submission of
      the P-1 budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the P-40 and P-40a budget exhibits.


      Identify the purpose, content and
      conditions requiring submission of
      the P-3a budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the P-5 budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the P-5a budget exhibit.
      Identify the purpose, content and
      conditions requiring submission of
      the P-21 budget exhibit.
6 Describe the congressional processes
    leading to a budget resolution,
    Authorization Act and Appropriation
    Act, and the implications of those
    process outcomes to defense
    acquisition programs.
      Identify the roles of key DoD and
      Service organizations that provide
      liaison to the congressional
      committees during the budget
      enactment process.

      Describe the budget resolution
      phase of the congressional budget
      enactment process.
      Describe the authorization phase of
      the congressional budget enactment
      process.
      Describe the appropriations phase
      of the congressional budget
      enactment process.
      Determine to whom and for what
      amount DOD may appeal a
      committee mark under the general
      rules of appeal to congressional
      marks.

      Recognize when a Continuing
      Resolution is required, what it
      provides and what restrictions it
      places on program operations.
      Recognize when a program is
      considered to be a "New Start."
      Identify the purpose, applicability,
      and frequency of submission of the
      Selected Acquisition Report, Unit
      Cost Report and Defense
      Acquisition Executive Summary.

7 Explain the budget execution process,
    including legal concerns and the
    potential impact of poor budget
    execution.
      Describe how a defense acquisition
      program receives budget authority
      through the apportionment process.


      Recall the rules for using the
      deferral and rescission provisions of
      the Budget and Impoundment
      Control Act of 1974.
      Describe the funds execution
      process and problems that may
      arise during the process.
      Identify the purposes and contents
      of obligation plans and expenditure
      plans.
      Recognize when and how an
      acquisition program may be
      impacted by unfavorable execution
      of its obligation and expenditure
      plans.

      Identify the purpose and contents of
      the Contract Funds Status Report
      (CFSR).
      Describe the DoD rules governing
      commitments.
      Describe the DoD rules governing
      obligations.
      Identify when an appropriation is
      current, expired, or cancelled.
      Identify violations of the
      Misappropriation Act, the Anti-
      deficiency Act, and the Bona Fide
      Need Rule.
      Recognize the various categories of
      re-programmings, including the
      approval authorities and the types of
      reprogramming actions covered by
      each category.

      Describe the rules governing the
      use of funds during each of the
      three phases of an appropriation's
      life-cycle.
      Identify the threshold amounts and
      level of control for each
      appropriation category for below-
      threshold reprogramming.

8 Describe the financial manager’s role
    in acquisition program management
    with respect to the acquisition strategy
    and monitoring of contract execution.

      Identify the aspects of the
      acquisition strategy relevant to
      financial management.
      Recognize the sections of the
      uniform contract format that contain
      information relevant to financial
      management.
      Identify the purpose of the
      Statement of Work and the
      Statement of Objectives.
EFENSE ACQUISITION UNIVERSITY
   EMPLOYEE SELF-ASSESSMENT
Fundamentals of Business Financial Management
                                                           090223


                          Work Description/Justification
                                           DEFENSE ACQUISITION UNIVERSITY
                                                  EMPLOYEE SELF-ASSESSMENT
                                               BCF 106 - Fundementals of Cost Analysis

                                               Competency
                 Competency                     Achieved?
                                                Yes    No
1 List and define the elements of a life
    cycle cost estimate.
      Describe the purpose of various life
      cycle cost estimates (POE, CCA,
      SCP, ICE) and the organization
      responsible for each estimate.

      Discuss the cost estimating
      process; to include the Cost
      Analysis Requirements Description
      (CARD), work breakdown structures
      (WBS) and cost element structures
      (CES), and the various
      methodologies used for cost
      estimating.

2 Describe the considerations for
    determining the contract type.
      Compare and contrast different
      contracting arrangements.
      Determine the share ratio and the
      final price under an incentive
      contract arrangement
3 Compare and contrast direct and
    indirect costs.
      Describe and define the categories
      of labor and materials costs.
      Describe other elements of cost
      which include: (2) other direct costs;
      (2) general and administrative costs;
      (2) cost of money; and (2) profit or
      fee.

4 Discuss the concept of inflation and
    inflation indices.
      Define inflation terminology such as
      base year, constant year, then year,
      and the raw, compound, composite,
      and weighted inflation indices.


      Convert a dollar value from one
      base to another using the correct
      indices and operations.
5 Define and calculate the measures of
    central tendency (i.e. the mean,
    median, and mode).
       Define and calculate the measures
       of dispersion (i.e. the range,
       variance, standard deviation, and
       coefficient of variation).
       Determine an area of probability
       under a normal distribution.
       Calculate confidence intervals for
       both small and large sample sizes
       Perform one-tailed and two-tailed
       hypothesis tests
6 Discuss the uses of expert opinion and
    the techniques used to interview
    experts.
       Discuss the procedures and
       techniques involved in the
       development and application of cost
       factors
       Discuss the procedures and
       techniques involved in the
       development of an analogy.
7 Calculate the coefficients for a linear
    equation.
       Interpret and apply a linear
       equation.
       Calculate and explain the coefficient
       of determination.
       Calculate and explain the standard
       error and the coefficient of variation.


       Determine the statistical
       significance of an equation.
       Discuss the development and use of
       a log linear (power) equation.
       Compare and contrast the statistics
       of a linear and log linear equation

8 Describe the concept of a learning
    curve or what we might call cost
    improvement.
       Calculate and interpret the
       components of the unit learning
       curve equation.
       Develop the equation of a learning
       curve from a data set.
       Calculate the cost of a unit using the
       unit learning curve formulation.
       Calculate the total cost or average
       cost of a lot using a unit formulation
       table
9 Identify and define various elements of
     software design and development
       Identify and define software cost
       drivers.
       Identify and describe the
       characteristics and limitations of
       software cost estimating techniques
       and models.

10 Describe the process of developing a
     budget plan
       Explain the general appropriation
       principles such as incremental
       funding, full funding, and annual
       funding, and
       Discuss some of the special funding
       issues such as multi-year
       procurement, low rate initial
       production, and product
       improvement.

11 Describe risk and the process of risk
     management.
       Describe and perform a Sensitivity
       Analysis
       Describe and perform a Symmetric
       Approximation.
       Describe the Monte Carlo
       Simulation and compare it to other
       approaches.
12 Define the concept of an Economic
     Analysis within the Department of
     Defense.
       Explain the concept of discounting,
       including the construction of
       discount factors
       Describe the EA process and
       associated terminology.
       Develop a cash flow diagram (CFD)
       for an alternative.
       Determine the NPV of a cash flow
       Calculate the Uniform Annual Cost
       of a cash flow.
EFENSE ACQUISITION UNIVERSITY
   EMPLOYEE SELF-ASSESSMENT
BCF 106 - Fundementals of Cost Analysis
                                                             090223


                            Work Description/Justification
                                               DEFENSE ACQUISITION UNIVERSITY
                                                   EMPLOYEE SELF-ASSESSMENT
                                                   BCF 107 - Applied Cost Analysis

                                                Competency
                Competency                       Achieved?
                                                 Yes    No
1 Assess the impacts on the cost
    estimate due to changes in economic
    year, quantity, scope, schedule,
    engineering design, and estimating
    methodology.

      Discuss six major factors associated
      with changes in cost estimates.


      Determine the circumstances for the
      application of six different cost
      estimating methodologies.
      Describe the adjustments necessary
      to revise the economic year of the
      estimate and perform the associated
      calculations.

2 Apply non-statistical estimating
    techniques in scenario based
    problems.
      Prepare an analogy estimate.
      Outline the process for conducting
      an expert interview.
      Construct and apply cost factors.4
      KSP
3 Prepare graphical and numerical data
    analysis in Microsoft Excel.
      Construct and interpret histograms
      and scatterplots from a data set.
      Formulate and interpret the
      descriptive statistics for a data set.
      Formulate and interpret the
      confidence interval for the mean.
4 Prepare simple linear regression
    analysis in Microsoft Excel.
      Analyze the appropriate function to
      fit a given data set using graphical
      analysis.
      Formulate and interpret simple
      linear regression statistics.
      Calculate an estimate using simple
      linear regression.
5 Prepare nonlinear regression analysis
    in Microsoft Excel.
      Determine the appropriate function
      to fit a given data set using
      graphical analysis.
      Formulate and interpret log-linear
      regression statistics.
      Calculate an estimate using
      nonlinear regression.
6 Prepare nonlinear regression in
    Microsoft Excel to model the
    relationships between cost and
    quantity.
      Use nonlinear regression to project
      the unit cost at different quantity
      levels in a quantity discount
      application.
      Develop the unit learning curve
      formula from a set of lot data .
      Apply the unit learning curve
      formula to determine the cost of a
      future lot.
EFENSE ACQUISITION UNIVERSITY
  EMPLOYEE SELF-ASSESSMENT
  BCF 107 - Applied Cost Analysis
                                                           090223


                          Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                           EMPLOYEE SELF-ASSESSMENT
                               BCF 203 – Intermediate Earned Value Management Course

                                              Competency
               Competency                      Achieved?
                                               Yes    No
1 Describe the major topics, concepts,
    and assessment requirements of the
    IEVMC curriculum, courseware, and
    the hypothetical Lightweight Assault
    Reconnaissance (LAR) Vehicle
    program.

      Recognize the LAR simulation
      courseware structure by using the
      Lesson 1 IEVMC courseware.
      Prepare a briefing that describes
      LAR program requirements and
      risks justifying the use of EVM as an
      appropriate program management
      tool by using the IEVMC courseware
      and Microsoft Office applications,


      Complete a knowledge level EVM
      pretest, identifying individual EVM
      knowledge gaps.
2 Apply DoD EVM policy to assemble
    the EVM, cost estimating (CE), and
    financial management (FM) elements
    of an acquisition strategy.
      Collect EVM, CE, and FM
      acquisition planning guidance from
      the AT&L Knowledge Sharing
      System, the ACC EVM Community
      of Practice (EVM CoP), and the
      Defense Cost and Resource Center
      (DCARC).

      Recommend and defend the
      contract type for the LAR EMD
      contract.
      Select statement of work
      paragraphs for implementing earned
      value management.
      Apply the MIL-HDBK-881 to
      complete the WBS section of a
      CSDR Plan for the LAR.
      Choose the appropriate EVM
      clauses and EVM, CE, and FM data
      items to include in an RFP.
      Summarize EVM source selection
      and award fee considerations.


3 Given the 32 ANSI/EIA-748 EVM
    guidelines, a student will be able to
    discuss the meaning and importance
    of each and the DoD process for
    validating EVM systems.

      Classify the 32 ANSI / EIA -748
      guidelines into the five ANSI
      categories.
      Match key elements of the nine
      EVM business processes to the 32
      ANSI / EIA -748 guidelines.
      Describe DoD EVMS validation
      verses DoD compliance
      Summarize the DoD EVMS
      validation process steps.
      Identify the organizational
      responsibilities for EVMS validation.


4 Identify the planning, organizing,
    executing, and follow-up of an
    Integrated Baseline Review using the
    Increda internal documents and mock
    CAM interviews.

      Describe the DoD Integrated
      Baseline Review (IBR) policy &
      process.
      Explain the Performance
      Measurement Baseline (PMB)
      development process.
      Specify roles and responsibilities for
      IBR team members.
      Compute control account EVM
      variable values and selected EVM
      metrics
      Articulate the precedent diagram
      method of scheduling and correlate
      the EVM PMB with detailed and
      master schedules.
      Identify risk areas through review of
      IBR documents including integrated
      master schedule, detailed control
      account schedules, control account
      plans, work authorization
      documents, resource planning
      documents, contract requirements,
      and control account manager
      interviews.
      Recognize the affect of front-loaded,
      rubber baseline, over-target
      baseline, contract modifications,
      management reserve use, and
      single-point adjustments on
      performance measurement
      baselines.

5 Summarize EVMS surveillance roles
    and responsibilities documented in the
    DCMA EVMS Standard Surveillance
    Operating Manual and the Department
    of Defense Earned Value Management
    Roles and Responsibilities.


      Discuss DoD policy related to EVM
      Surveillance.
      Describe the DCMA Center’s
      Standard Surveillance Process
      Describe the DCMA Center’s
      Standard Corrective Action Request
      Process
      Recognize EVMS noncompliance
      remediation options
      Identify the surveillance process,
      procedures, and working
      relationships of the CAO, DCAA,
      PMO, and the Contractor.

6 Correlate the relationship of EV trends
    and data with integrated program
    management by using data from
    Financial Management Documents,
    Network Schedule, APB, CPR and
    CFSR.

      Summarize the stakeholders,
      primary use, standard format and
      data content of common Program
      Office documents to include the R-
      2, R-3, R-4, R-4a, CPR, and CFSR


      Determine the data validity and
      correlate MS Project Critical Path
      and Milestone Schedule data with
      financial management and program
      management documents.

      Analyze wInsight EVM cost and
      schedule variance metrics and
      correlate these data with technical
      risk and network schedule data to
      determine the program’s cost and
      schedule drivers.
      Analyze wInsight summary level EV
      charts to determine contract cost
      and schedule performance apply
      this to forecast a program’s cost and
      price at complete.

7 Reconcile given data with the
    program’s financial management
    documents by using network schedule
    data, APB data, and EVM data.


      Compare and reconcile the key data
      elements of the R-2, R-3, R-4 and R-
      4a documents with the appreciate
      elements of the APB, program
      obligations and expenditure plans,
      network schedule, and EVM data.


      Reconcile a program CFSR with the
      program’s CPR format 1 and format
      3 for consistencies and
      inconsistencies.
      Summarize how individual elements
      of the twelve step integrated
      management model apply to DAES
      reporting.

8 Demonstrate analysis steps by using
    EVM analysis techniques and
    automated tools.
      Analyze cost and schedule
      information by using LAR SDD
      CONTRACT CPR data and
      automated tools
      Identify performance trends by using
      information obtained from the tool.


      Build briefing slides to demonstrate
      analysis process by using
      automated tools.
9 Perform an IPT level assessment
    given relevant EV databases,
    schedules, technical performance
    data, and the Acquisition Program
    Baseline (APB) by using automated
    tools.

      Assess assigned IPT cost, schedule
      and technical performance.


      Identify impact of IPT on other IPTs
      and overall contract performance.
      Review impacts, identify alternatives
      and recommend actions.


      Compute the IPT’s most likely EAC
      and EAC range.
10 Perform an integrated program
    assessment and prepare selected
    DAES report sections given relevant
    EV databases, schedules, technical
    performance data, and the Acquisition
    Program Baseline (APB) by using
    automated tools.

      Analyze Increda’s cost and
      schedule performance using the
      wInsight, MS Project and assigned
      period data.
      Identify the principle cost and
      schedule drivers.
      Compare contractor performance
      stated in contractor cost reports with
      status reported on the program
      schedule and technical reports.


      Compare the latest cost, schedule
      and technical progress with APB
      objectives.
      Evaluate Increda’s projected cost at
      completion at total contract.
      Develop a program Estimate at
      Completion (EACs).
      Identify issues and recommend
      actions for management attention.
      Prepare the DAES input.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
– Intermediate Earned Value Management Course
                                                           090226


                          Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                                  EMPLOYEE SELF-ASSESSMENT
                                                BCF 204 – Intermediate Cost Analysis

                                               Competency
                Competency                      Achieved?
                                                Yes    No
1 Apply the cost estimating process in
    the construction of a cost estimate.
      Describe the five steps in the Cost
      Estimating Process.
      Differentiate between the various
      types of estimates.
      Summarize the content and purpose
      of the Cost Analysis Requirements
      Document/Description (CARD).


      Explain the role of a cost analyst for
      documenting and presenting an
      estimate.
      Put the cost estimating process into
      practice in the preparation of group
      cost estimates.
2 Apply various data sources in the
    construction of a cost estimate
      Explain the necessity to have
      programmatic and technical data in
      addition to cost data.
      Give illustrations of various
      problems relating to the collection
      and analysis of data.
      Discus the purpose and application
      of VAMOSC.
      Explain the concept of non-
      development items and list
      advantages and concerns
      associated with these items.
      Apply the fundamentals of cost
      performance measurement and
      identify various contractor cost
      reports.

3 Apply normalization techniques to
    transform the raw data to data
    readably usable for a given
    requirement (i.e. modeling,
    programmatic adjustments) given a
    scenario.

      Discuss normalization for content.
      Explain the concept of normalizing
      for quantity and the application of
      cost improvement curves.
      Convert dollars between then-year
      (TY), constant-year (CY), and base-
      year (BY) dollars by selecting the
      appropriate inflation index.


      Construct a simple weighted index.

      Identify the cost impact to a program
      in TY$ where that program,
      expressed in TY$, is being
      stretched out and/or compressed


4 Formulate a cost estimate following
    the steps in the cost modeling
    process.
      List the steps in the cost modeling
      process .
      Give examples of what is to be
      accomplished during each of the
      steps in the cost modeling process.


      Explain the importance of each step
      in the cost modeling process and
      why the steps are sequenced as
      they are.
      Prepare a cost estimate using the
      steps in the process.
      Differentiate between examples of
      cost models which were properly or
      improperly developed, and for the
      improperly developed models,
      hypothesize which step(s) in the
      cost modeling process was either
      skipped or misapplied.

5 Interpret statistical measures in the
    evaluation of cost estimates.
      Summarize the fundamentals of
      statistics as well as the concepts
      that form the basis for later
      discussions on regression.
      Calculate various measures of
      central tendency.
      Calculate and interpret various
      measures of dispersion.
      Apply normal and t-distributions in
      the interpretation of statistical
      analysis.
      Develop a null and alternate
      hypothesis.
      Construct a hypothesis test.
      Interpret the results of a hypothesis
      test.
      Explain the measures of central
      tendency.
6 Justify a cost model selection given
    statistical software analysis.
      Apply the Least Squares Best Fit
      (LSBF) is a quantitative technique
      used to derive an equation for a
      linear estimate: Costest = b0 + b1X,
      where X is the value for some size
      or performance variable.


      Calculate total variation (SST),
      explained variation (SSR), the
      unexplained variation (SSE).
      Construct an analysis of variance
      table.
      Interpret the meaning of the
      statistics such as the MSE, MST,
      and the degrees of freedom.
      Calculate goodness of fit statistics
      such as the coefficient of
      determination and coefficient of
      correlation.
      Evaluate assumptions of the model,
      recognize violations of these
      assumptions, and recommend
      remedial measures.
      Explain what is being measured by
      standard error calculations.
7 Using a statistical software package
    construct and compare multivariate
    linear models analyzing the resulting
    statistics to determine strengths and
    weaknesses of each model.
    Recommend and defend your selected
    model.

         Apply the Least Squares Best Fit
         (LSBF) as a quantitative
         technique used to derive an
         equation for a linear estimate:
         Costest = b0 + b1X1+b2X2 etc,
         where X1, X2, ... are the values
         for some size or performance
         variables.
        Defend whether an estimating
        equation with predictor variables
        X1, X2 is generally preferred to
        an estimating equation with one
        or more variables removed based
        upon the t-statistic corresponding
        to each predictor variable.


        Determine the t-statistic based on
        the calculation of the partial F-
        stat.
        Explain the concept of
        multicollinearity, how to detect
        and evaluate it. Evaluate what it
        does and does not affect and
        recommend a treatment for it.

        Calculate and explain the
        limitations of the R2 and explain
        the construction and purpose of
        the adjusted R2.
        Determine whether you should
        evaluation an equation using R2
        or adjusted R2.
8 Defend a selected model using a
   statistical software package to
   construct and compare multiplicative
   models analyzing the resulting
   statistics to determine strengths and
   weaknesses of each model.

        Analyze the resulting regression
        statistics to determine strengths
        and weaknesses and
        multiplicative cost estimating
        equations examined given a
        sample data set and statistical
        software package.


        Justify the best model to choose
        given competing
        relationships/models.
        Justify a preferred equation and
        support the recommendation
        given a group of different CERs.


        Apply statistical concepts to
        analyze the strengths and
        weaknesses of a multiplicative
        cost estimating equation.
9 Apply proper documentation
    techniques to cost models so that
    future users can properly analyze the
    model. (BCF 204-11_
         List the major sections that make
         up a typical cost model.
         Discuss the information that is
         useful in a cost model document
         and how that information can be
         used to produce a better
         estimate.

         Document the estimating
         relationships given an integrating
         problem.
         Prepare a documented cost
         model in accordance with
         instructed methods given an
         integrating problem.

10 Apply the analogy estimating
    technique given sample data. (BCF
    204-12)
         Differentiate between the
         strengths and weaknesses of the
         analogy estimating technique.


         Apply an adjustment for
         complexity, miniaturization, and
         productivity in analogy estimating.


         Recreate an estimate using the
         analogy estimating technique.
11 Calculate an estimate using the
    analogy estimating technique.
         Recognize between the strengths
         and weaknesses of the expert
         opinion technique.
         Describe what you should know
         before contacting a functional
         specialist and how to obtain the
         information you really need.


         Contrast the five types of group
         techniques used to gather expert
         opinions.
12 Compute cost factors to calculate
    portions of a cost element.
       Differentiate between the strengths
       and weaknesses of the cost factors
       technique.
       Compute valid cost factors given
       relevant data.
       Explain how cost factors are related
       to their source.
13 Complete portions of a cost estimate
     that require the use of wrap rate
     calculations.
       Describe the components for
       building an estimate using
       engineering standards.
       Differentiate between standard
       recovery rate calculations and
       Activity Based Costing (ABC).
       Calculate a wrap rate or Fully
       Burdened Labor Rate (FBLR).
14 Apply contract performance
     measurement techniques in order to
     evaluate the estimate for cost of the
     contract at completion.
       Explain the concepts of ACWP,
       BCWP, and BCWS.
       Construct contract performance
       indices (CPI, SPI, SCI, CI, TCPI)
       and discuss performance trends.


       Develop estimates-at-completion
       using various indices and explain
       which EACs typically bound the
       range of the historical cost-at-
       completion.

       Evaluate EACs based on
       performance indices.
15 Apply concepts and principles of
     various cost estimate time phasing
     techniques in development.
       Discuss the concept of incremental
       funding.
       Apply time phasing methodologies
       to phasing development estimates.


       Discuss the concept of full funding.
       Apply the most appropriate
       spreading method given an
       estimating case and available data.


16 Calculate future production costs using
     learning curve techniques that assess
     the impacts associated with: model
     selection, step-down functions,
     production breaks, production rate
     changes, and fixed costs.
       Discuss the concept of cost
       improvement and explain the unit
       and cumulative average theories.
       Calculate manual and computer
       applications for cost improvement,
       unit and cumulative averages.
       Discuss the relationship between
       development hardware and
       production hardware.
       Develop step-down functions
       relating production and prototype
       costs.
       Predict the impacts of production
       breaks on future production costs.
       Predict the impacts of production
       rate changes on future production
       costs.
17 Assess the impact of O&S costs to the
     overall cost estimate.
       Discuss the steps in the O&S cost
       estimating process to include:
       Identifying the primary O&S issues
       Selecting the reference system
       Developing ground rules and
       assumptions
       Selecting the relevant cost
       estimating structure



       Contrast various O&S cost
       estimating models, as well as
       determining the characteristics of a
       good model.
       Explain the conventions of O&S
       estimating to include Phase-In,
       Steady State, and Phase-Out
       periods.
       Build the O&S estimate portion of a
       Program Office Estimate.
18 Evaluate the cost of risk associated
     with a program through the application
     of probability distributions to an
     estimate through the use of a
     computer simulation package

       Describe the risk management
       process, explaining the purpose of
       each of the phases as instructed in
       class.
       Evaluate the use of various
       probability distributions to model
       risk.
       Discuss the concept of correlation
       between cost elements.
       Construct a cost estimate
       addressing risk areas.
       Determine the amount of resources
       required to obtain a given probability
       of success.
19 Contrast different independent variable
     transformation techniques utilized to
     obtain a linear transformation of cost
     estimating data.
       Summarize how transformations of
       the independent variable can be
       used in a linear function to model
       intrinsically linear data.
       Formulate logarithmic
       transformations of both the
       dependent and independent
       variables in dealing with intrinsically
       linear data.

       Describe the relationship between
       statistics in log space and statistics
       in unit space.
20 Evaluate potential outliers and
     influential observations using various
     criteria, and recommend remedial
     measures.
       Discuss the occurrence of outliers.
       Determine which observations are
       influential observations.
       Calculate measures for determining
       which observations are outliers.


       Conduct analysis to determine
       which remedial measures are
       necessary to deal with outliers.
21 Construct a prediction interval around
     a point estimate using both manual
     and automated methods.
       Explain the difference between a
       prediction interval and a confidence
       estimate.
       Calculate a prediction interval
       manually.
       Calculate measures for determining
       which observations are outliers.


22 Recommend a model given a choice of
     cost models and the associated data.
     Justify your choice.
Identify measures to be evaluated
when comparing cost models.
Analyze model diagnostics.
Identify the best model and defend
your choice.
EFENSE ACQUISITION UNIVERSITY
   EMPLOYEE SELF-ASSESSMENT
 BCF 204 – Intermediate Cost Analysis
                                                            090226


                           Work Description/Justification
                                             DEFENSE ACQUISITION UNIVERSITY
                                             EMPLOYEE SELF-ASSESSMENT
                                  BCF 205 – Contractor Finance for Acquisition Managers

                                              Competency
                Competency                     Achieved?
                                               Yes    No
1 Evaluate inter-relationships that exist
    between the government contractor
    and the government customer.
2 Explain the relationships of the
    business processes used by a firm in
    its day-to-day operations.
3 Evaluate the impact on a firm of doing
    business with the Federal
    Government.
4 Explain the significance of cash flow
    on a firm and explain the relationship
    of a company’s business strategies to
    its cash flow.

5 Analyze differences between the
    commercial and Federal Government
    market places.
6 Analyze the firm’s internal business
    management and control processes.
7 Evaluate a business case assessing
    the impact on the firm’s financial and
    operating position.
8 Evaluate the impact of external
    stakeholders on the firm’s strategies
    and financial condition.
EFENSE ACQUISITION UNIVERSITY
     EMPLOYEE SELF-ASSESSMENT
5 – Contractor Finance for Acquisition Managers
                                                              090226


                             Work Description/Justification
                                             DEFENSE ACQUISITION UNIVERSITY
                                                  EMPLOYEE SELF-ASSESSMENT
                                                  BCF 206 – COST RISK ANALYSIS

                                               Competency
                Competency                      Achieved?
                                                Yes    No
1   Interpret goodness of fit tests to
    determine probability distributions to
    be used in a cost risk analysis
      Describe the need to perform
      goodness-of-fit testing in a cost risk
      analysis.
      Perform a chi-square goodness-of-
      fit test.
      Distinguish between Kolgomorov-
      Smirnov and Anderson-Darling
      goodness-of-fit tests.
      Investigate the distribution fitting
      capabilities of several software
      packages.
2   Investigate different analytical models
    for simple cost risk simulations.
      Identify the steps involved in a
      simulation study.
      Distinguish the types of simulation.
      Distinguish techniques for
      generating random numbers.
      Distinguish techniques for
      generating random variates with a
      specified probability distribution.
      Interpret the simulation capabilities
      of several software packages.
3   Develop and interpret a spreadsheet
    simulation cost risk model.
      Determine the inputs to a
      spreadsheet simulation model with
      probability distributions.
      Develop a spreadsheet-based
      simulation model.
4   Analyze the cost risk associated with a
    major defense acquisition program.
      Develop a simulation model to
      analyze the cost risk for a defense
      acquisition program.
      Interpret simulation output to
      describe the variability in expected
      project cost.
      Present the results of a simulation-
      based cost risk analysis for a
      defense acquisition program to
      other analysts.
      Present a rationale for your
      conclusion on cost risk.
5   Judge the reasonableness of the cost
    risk analysis for a major defense
    acquisition program.
      Compare alternative methodologies
      for conducting cost risk analyses of
      other analysts.
      Justify or present rationale for your
      conclusion.
6   Distinguish differences between cost
    risk analysis and uncertainty analysis
    as applied to major weapon systems.


      Explain the requirements to conduct
      cost risk or uncertainty analyses for
      defense acquisition programs.


      State the standards by which cost
      risk analyses for defense acquisition
      programs are judged.
      Identify the types of risk faced by
      defense acquisition programs.
      Describe the various methods used
      to perform cost risk analyses.


7   Apply basic probability formulas and
    concepts to cost risk analysis.
      Define three sources of
      probabilities.
      Calculate probabilities of simple
      events, unions, and intersections.
      Define conditional probabilities.
      Define statistical independence.
      Calculate Bayesian probabilities.
      Distinguish between discrete and
      continuous probability distributions.
      Distinguish between probability
      mass functions and cumulative
      distribution functions for commonly
      used discrete probability
      distributions.

      Describe the appropriate conditions
      for choosing commonly used
      distributions to model random
      variables.
      Identify the parameters required to
      model random variables with
      commonly used distributions.
8   Assess subjective probabilities to
    represent uncertain cost elements in a
    major defense acquisition program.
      Identify imprecise words used to
      communicate about uncertain
      quantities.
      Assess subjective probabilities
      using the fixed probability, fixed
      value and fractile specification
      techniques.
      Distinguish the various heuristics
      used to assess subjective
      probabilities and the biases that
      may result.
      Distinguish principles for preparing
      to assess subjective probabilities.
EFENSE ACQUISITION UNIVERSITY
  EMPLOYEE SELF-ASSESSMENT
  BCF 206 – COST RISK ANALYSIS
                                                        091104


                       Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                                 EMPLOYEE SELF-ASSESSMENT
                                                  BCF 207 – Economic Analysis

                                              Competency
                Competency                     Achieved?
                                               Yes    No
1 Provide student with an overview of
    economic analysis for decision-making
    and to establish a framework for
    course objectives, content, and
    conduct. Understand management
    concerns impacting on EA, elements
    of EA. Provide familiarity with
    requirements and guidelines included
    in current regulations.

      Define the basic terms used in
      economic analysis.
      Identify the benefits to managers
      provided by economic analysis.
      Describe the economic analysis
      regulatory requirements
      Recognize the impact of specialized
      types of program/ project analysis
      (e.g., CA;
      Discuss the Privatization of
      Utilities/Housing; DWCF; Business
      Case Analysis
2 Explain the steps of the EA Process
    with basic understanding of the
    process of conducting an economic
    analysis and of each step therein.
      Describe the steps in the economic
      analysis process.
      Recognize the impact of uncertainty
      on the decision-making process.


3 Discuss the PC Tools supporting
    Economic Analysis. The tool will be
    used daily throughout the course by
    the group case study. The primary tool
    available for use is PC ECONPACK.


      Enter project information into a case
      file given ECONPACK.
4 Develop a complete objective
    statement contains all three parts of
    the objective.
      Distinguish between requirements,
      problems, and objectives.
       Describe and recognize elements of
       the objective statement.
       Develop a complete objective
       statement.
5 Prepare a set of assumptions and
    constraints
       Develop list of common
       assumptions and constraints
       Select key assumptions for later
       sensitivity analysis
6 Prepare for alternatives
       Identify alternatives
       Determine when the status quo shall
       be used
7 Explain common cost estimating
    procedures.
       Define methods of cost estimating
       Describe the basic concepts behind
       the detail and parametric methods
       of cost estimating.
8 Apply net present value comparisons
    in an EA.
       Define net present value.
       Calculate net present value using
       Microsoft Excel
       Compare alternatives using net
       present value.
       Determine when net present value
       is an appropriate criteria
9 Apply equivalent annual cost
    comparisons in an EA
       Define equivalent annual cost
       Calculate equivalent annual cost
       using Microsoft Excel
       Compare alternatives using
       equivalent annual cost
       Determine when equivalent annual
       cost is an appropriate criteria
10 Apply savings investment ratio
    comparisons in an EA
       Define savings investment ratio
       Identify optimum values for a
       savings investment ratio
       Calculate a savings investment ratio
       using Microsoft Excel
       Compare alternatives using a
       savings investment ratio
       Determine when savings investment
       ratio is an appropriate criteria
11 Apply payback period comparisons in
     an EA
       Define payback period
       Calculate a discounted and non
       discounted payback period
       Compare alternatives using
       payback period
12 Apply internal rate of return
     comparisons in an EA
       Define internal rate of return
       Calculate internal rate of return
       using Microsoft Excel
       Compare alternatives using internal
       rate of return
13 Discuss the techniques of identifying
     and quantifying benefits.
       Define benefits
       Identify benefits
       Identify the benefits that are to be
       received by adoption of a particular
       course of action.
14 Discuss the techniques of quantifying
     benefits.
       Determine means to quantify
       benefits
       Formulate worth functions
15 Apply the B/C Ratio technique
       Define B/C Ratio
       Calculate B/C Ratio
16 Apply decision matrices in EA.
       Formulate a decision matrix
       Calculate a decision matrix
       Perform a sensitivity test on results
       of calculation
17 Apply sensitivity analysis and risk
     management techniques in EA
       Explain the nature of uncertainty
       and risk.
       Apply concepts of risk and
       uncertainty to EA
       Select key assumptions and
       variables suitable for sensitivity
       analysis
       Interpret results of sensitivity
       analysis
18 Apply of requirements for
     documentation.
       Describe documentation common
       for EA
       Apply knowledge and skills learned
       in case study
19 Critique an EA prepared by another
    group.
       Apply knowledge of the EA process
       and methodology to validate an EA


       Provide feedback and guidance to
       an analyst for the preparation of an
       EA
20 Defend an economic analysis.
       Perform a satisfactory economic
       analysis.
       Defend a complete EA.
EFENSE ACQUISITION UNIVERSITY
  EMPLOYEE SELF-ASSESSMENT
   BCF 207 – Economic Analysis
                                                         090226


                        Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                            EMPLOYEE SELF-ASSESSMENT
                                  BCF 209 – Acquisition Reporting for MDAPs and MAIS

                                             Competency
               Competency                     Achieved?
                                              Yes    No
1 Develop a “proposed” APB and
    transmit for approval given simulated
    data.
      Update the performance, schedule,
      and cost parameters in the APB
      using simulated data.
      Generate a hardcopy APB for
      review.
      Generate an electronic version of
      the APB and transmit.
      Merge the approved APB into the
      CARS database and review.
      Identify situations where APB
      breaches have occurred given
      simulated data.
2 Generate the Selected Acquisition
    Report (SAR) Unit Cost and Other
    Program Information sections given
    simulated data.
      Update SAR sections 8, 12, 14, 15,
      17 and 18 given simulated data.


      Compare each SAR Unit Cost and
      Other Program Information section
      with other sections for consistency
      of data given a scenario.


      Differentiate a Nunn-McCurdy
      breach from an APB breach given a
      scenario.
3 Analyze a Selected Acquisition Report
    (SAR) for Engineering, Support,
    Estimating, and Other Cost Variances
    given simulated data.
      Determine the values of the
      Engineering, Support, Estimating
      and Other Cost Variances and the
      reason for the changes given a
      scenario.

      Explain when and how the
      Computational Model calculates
      Engineering, Support, Estimating
      and Other Cost Variances.
      Explain Current and Prior Inflation
      Offset and Economic Adjustments
      for Negative Program Change.
      Distinguish between Current and
      Prior Inflation Offset and Economic
      Adjustments for
      Compare SAR sections 13 with
      other SAR sections for data
      consistency.
4 Analyze a Selected Acquisition Report
    (SAR) for Quantity and Schedule Cost
    Variances given simulated data.


      Apply key Quantity and Schedule
      Cost Variance terms.
      Identify when quantity and/or
      schedule changes have occurred
      given several scenarios.
      Determine the values of the
      Quantity and Schedule Variances
      and their causes given a scenario.
      Explain when and how the
      Computational Model calculates
      Quantity and Schedule Variances.
5 Analyze a Selected Acquisition Report
    (SAR) for Total and Economic Cost
    Variances given simulated data.


      Identify which categories of cost
      variance are present in a program’s
      Total Cost Variance given a
      scenario.
      Define how to calculate the Current
      Estimate from SAR section 13.a.


      Determine the value of the
      Economic Variance, its cause and
      data sources.
      Explain when and how the
      Computational Model calculates
      Economic Variance given a
      scenario.

6 Generate the Selected Acquisition
    Report (SAR) narrative and financial
    sections given simulated data.
      Using simulated data, update SAR
      sections 1-10, 11-13, and 16.


      Identify when change explanations
      are required in SAR section 9 and
      10.
      Compare each SAR narrative and
      financial section with other sections
      for consistency of data given a
      scenario.
      Describe the content and uses of
      the Current Estimate Worksheet
      (CEWS).
      Enter data into the SAR given a
      scenario and CEWS.
7 Generate the Defense Acquisition
   Executive Summary (DAES) given
   simulated data.
      Describe the data sources for DAES
      reports.
      Explain the requirement for POM
      and BES DAES reporting.
      Summarize the process for
      preparing a POM or BES DAES.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
9 – Acquisition Reporting for MDAPs and MAIS
                                                            090226


                           Work Description/Justification
                                         DEFENSE ACQUISITION UNIVERSITY
                                              EMPLOYEE SELF-ASSESSMENT
                                         BCF 211 – Business Acquisition Management

                                              Competency
                Competency                     Achieved?
                                               Yes    No
1   Identify cost-schedule-performance
    tradeoffs in light of CAIV given an
    Operational Requirements Document
    (ORD), an Acquisition Program
    Baseline (APB), an Acquisition
    Strategy and a team role-play
    scenario.

      Identify cost, schedule and
      performance objectives and
      thresholds (parameters) in the
      Operational Requirements
      Document (ORD)

      Describe the issue of "trade space."

      Identify the CAIV policy concerning
      the authority of the program
      manager to make cost and
      performance tradeoffs.
      Identify performance parameters
      that are potential cost drivers.
      Relate objectives and thresholds for
      cost, schedule and performance to
      the concept of "tradeoffs" and the
      policy of CAIV.


2   Develop a Service Cost Position utilize
    Cost Analysis Requirements
    Description, Program Office Estimate
    and a Component Cost Analysis.
      Identify significant differences
      between the Program Office
      Estimate and the Component Cost
      Analysis with respect to
      assumptions and cost estimating
      methodologies.

      Select the most appropriate cost
      estimating methodology for a given
      situation.
      Determine consistency of a cost
      estimate with a Cost Analysis
      Requirements Description
3   Apply escalation indices and basic
    funding policies to build a program
    budget given a scenario, program
    documentation and an electronic
    spreadsheet.

      Estimate the RDT&E funding
      requirements over the life cycle
      using Incremental Funding Policy.
      Predict the effect of contract type on
      the budget.
      Estimate the procurement funding
      requirements jover the life cycle
      using Full Funding Policy.
      Develop a budget for product
      improvement
      Apply the appropriate escalation
      indices to convert a cost estimate to
      a budget request.
4   Perform impact analysis and prepare
    responses required to achieve full
    funding for the program in the FYDP
    given prepared program information
    (master plan/schedule, program
    budget, acquisition strategy), Program
    issues and a services preparation of
    the Program and Budget submit),



      Identify the impact of an identified
      issue on program funding.
      Prepare an alternative solution for a
      Program issue.
      Determine the impact of
      Programming decisions on program
      funding.
5   Prepare program budget exhibits for
    procurement (P-5, P-5A, P-21, P-40
    forms) and RDT&E (R-2 and R-3
    forms) given program information
    (master plan/schedule, program
    budget, acquisition strategy), a service
    Program Decision, a published budget
    call letter, Financial Management
    Regulation (FMR) budget exhibit
    preparation instructions, current "fact
    of life" program execution information,
    and prior year budget exhibits.



      Contrast current Program Decision
      with program execution information
      and prior year budget exhibits.
      Compare budget exhibits for
      consistency with each other.
      Ensure that budget exhibits conform
      with call letters and other guidance.


      Prepare budget exhibits.
6   Develop responses as required for
    comptroller/budget analyst advance
    questions, budget hearings and
    Program Budget Decisions (PBDs)
    given a scenario and prepared
    program budget exhibits.

      Identify, from budget exhibits,
      program areas most likely to attract
      budget analyst attention and
      questions during budget reviews.
      Prepare responses to inquiries and
      advance questions from budget
      analysts.
      Address issues and possible
      consequences of a Program Budget
      Decision (PBD).
7   Determine the best outcome given
    various congressional situations.
      Describe the impact of
      congressional committee report
      language on program budget
      requests.
      Identify the general rules of appeal
      to a congressional mark.
      Identify the players and their roles in
      the congressional enactment
      process.
      Identify the elements of the three
      steps in the congressional
      enactment process.
8   Relate Earned Value Management
    (EVM) information to program
    performance, trend analysis, budget
    impact and program documentation
    given a scenario, program
    documentation, cost data and
    computer support.

      Develop program inputs to the
      Defense Acquisition Executive
      Summary (DAES) reports.
      Assess the impact of Earned Value
      Management information (CPR,
      C/SSR, & CFSR) on the program
      budget.
9   Prepare a request for reprogramming
    given a scenario and funds
    management documentation.
       Identify program funding
       shortfalls/deficiencies/bills, which
       may require the reprogramming of
       funds.
       Identify the possible consequences
       of requesting funds and identifying
       funding sources.
       Identify contract modification that
       may be required due to a funding,
       schedule, or technical change.
10 Assess program execution funds
   status given a scenario, funds
   management documentation and /or
   reports.
       Evaluate the validity of a program
       obligation/expenditure plan.
       Compare the obligation/expenditure
       plan and current official accounting
       records.
       Identify actions to correct
       differences between actual
       obligations/expenditures and the
       official accounting records.
       Discuss the information required in
       a deviation or variance report.
       Determine the impact of cancelled
       appropriations on current funding
       status.
11 Assess the impact of expired and
   cancelled funds given a scenario.
       Evaluate situations for compliance
       with the policies associated with use
       of expired and cancelled funds.


12 Assess propriety of funds given a
   scenario.
       Evaluate situations for compliance
       with the Misappropriations Act, Anti-
       Deficiency Act, and Bona Fide Need
       Rule.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
CF 211 – Business Acquisition Management
                                                            091104


                           Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                             EMPLOYEE SELF-ASSESSMENT
                                  BCF 215 – OPERATING AND SUPPORT COST ANALYSIS

                                                Competency
                Competency                       Achieved?
                                                 Yes    No
1   Describe the operating and support
    (O&S) phase of a weapons system,
    including the breadth of O&S cost
    estimating.
      Explain the trends in defense-wide
      and system O&S costs.
      Define the full scope of O&S costs.

      Differentiate the three major
      considerations that influence O&S
      costs.
      Summarize the uses of O&S cost
      analysis throughout a system’s life
      cycle.
      Explain key O&S cost analysis
      terms and concepts.
2   Discuss the principal planning
    elements for O&S estimating.
      Explain the steps in preparing an
      O&S estimate.
      Identify the range of assumptions
      that drive O&S estimates.
      Explain the purposes and uses of
      O&S cost estimating structures.
      Differentiate between the principal
      cost estimating methods used with
      O&S estimates.
3   Discuss basic reliability, availability,
    and maintainability (RAM) terminology
    and relationships.
      Explain basic RAM terminology
      Apply basic RAM relationships
      Describe how reliability, availability,
      and maintainability impact O&S
      costs
      Identify the basic RAM data sources

4   Estimate personnel costs using
    accepted practices.
      Identify where personnel costs
      occur in O&S estimates.
      Describe the general assumptions
      that affect personnel cost estimates.


      Explain how to price personnel to
      include when to use composite
      standard rates, acceleration factors,
      differential costs, and indirect costs.


      Identify major sources of personnel
      cost data.
      Explain the purpose and role of the
      Manpower Estimate Report.
      Estimate unit personnel costs
      considering system characteristics,
      operating concepts, and support
      concepts.

5   Estimate unit operating costs.
      Identify the range of operating costs
      that should be considered.
      Explain standard methods used to
      estimate unit operating consumable
      costs.
      Apply methods appropriately to
      estimate unit operating consumable
      costs.
6   Estimate maintenance costs for
    weapon systems.
      Identify the types of costs included
      in the maintenance portion of the
      estimate.
      Explain the factors that influence
      maintenance costs.
      Apply methods used to estimate
      maintenance costs.
7   Estimate the elements of sustaining
    support.
      Identify the types of costs included
      in estimates of sustaining support.
      Explain the factors that affect
      sustaining support costs.
      Apply methods used to estimate
      sustaining support costs.
8   Estimate the elements of continuing
    system improvement
      Identify the range and types of costs
      included.
      Explain the factors that influence
      continuing system improvement
      costs.
       Apply methods to estimate
       continuing system improvement
       costs.
9   Apply adjustments to historical and
    estimated costs to account for price
    changes over time.
       Explain why cost data and
       estimates must be adjusted for
       inflation effects.
       Defend the correct price index
       Apply appropriate methods in
       making different types of inflation
       adjustments.
10 Explain the basics of the Defense
   Working Capital Fund (DWCF), and
   how it impacts estimation of O&S
   costs.
       Describe the origins and purposes
       of the DWCF.
       Explain the DWCF buyer-seller
       relationship.
       Describe how DWCF affects O&S
       costs.
       Explain how Working Capital
       Operations affect prices of goods
       produced by DWCF organizations.


11 Describe the breadth, depth, strengths,
   and limitations of the O&S data
   available in the VAMOSC system.


       Explain the motivation for VAMOSC
       creation and maintenance.


       Give examples of the variety of data
       included in the automated system.


       Describe the value of the system as
       a source of analogous data for
       estimation.
12 Prepare an independent estimate for
   comparison to the official program
   office estimate.
       Prepare an independent estimate.
       Describe how independent
       estimates compare to program
       office estimates and actual results.
13 Apply the O&S estimating techniques
   taught given a realistic case scenario.


       Structure the O&S estimate.
       Adjust data for differences in time.
       Perform analogy estimates.
       Estimate personnel, unit operations,
       maintenance, sustaining support,
       and continuing improvement costs.


       Adjust estimates based on different
       operating tempo and RAM
       characteristics.
       Prepare a consistent O&S estimate.

14 Defend an O & S cost estimate given a
   case scenario.
       Prepare a clear and logical
       presentation.
       Defend a portion of the O&S
       estimate
       Evaluate O&S analyses by differing
       teams.
15 Explain the process for creating for
   economic analysis (EA).
       Discuss the need for EA.
       Explain the difference between fixed
       and variable costs.
       Explain the purpose and process of
       discounting costs.
       Define Analysis of Alternatives by
       providing an example.
16 Defend that sensitivity and risk
   analysis is a logical next step after
   developing a point estimate for O&S
   cost.
       Differentiate between cost
       estimating risk and program cost
       risk.
       Explain the concepts and
       approaches associated with
       sensitivity and risk analyses.
       Recognize the major issues
       associated with cost risk analyses.


       Describe some of the pitfalls that
       occur in cost risk analyses.
EFENSE ACQUISITION UNIVERSITY
   EMPLOYEE SELF-ASSESSMENT
– OPERATING AND SUPPORT COST ANALYSIS
                                                       091104


                      Work Description/Justification
                                            DEFENSE ACQUISITION UNIVERSITY
                                                 EMPLOYEE SELF-ASSESSMENT
                                            BCF 262 – EVMS Validation and Surveillance

                                              Competency
               Competency                      Achieved?
                                               Yes    No
1   The student shall be able to describe
    the overall BCF-262 course structure
    and recall the major topics and
    concepts to covered by the BCF-262
    curriculum.

      The student can record and cite the
      major topics of the remaining
      lessons.
      The student can restate and explain
      general earned value management
      (EVM) terminology.
      The student can identify the
      differences among standards,
      policy, and guidelines and if and
      how each applies to EVM.
      The student can explain in general
      terms the difference between
      compliance, validation, and
      surveillance.
      The student can describe the
      general life cycle of EVM
      implementation on a typical
      acquisition.

2   The student shall be able to describe
    existing DoD EVM policy, contract pre-
    award activities, and EVM-related
    contractual requirements.
      The student can explain current
      DoD policy, EVM thresholds, and
      reporting requirements.
      The student can describe the pre-
      award, source selection, and
      Defense / Federal Acquisition
      Regulations associated with EVM
      on DoD Contracts.

      The student can understand the
      importance of EVMS requirements
      (SOW, CDRLs, DFARS, DIDs,
      Award Fee criteria, etc.).


3   The student shall be able to describe
    the specifics of the three options
    available for EVMS validation.
      The student can explain
      government EVMS validation.
      The student can summarize the
      steps in the EVMS validation
      process.
4   The student can explain the EVMS
    Organization guidelines and interpret
    each in the context of the ANSI/EIA
    748A.
      The student can outline and explain
      the Organization Guidelines as
      listed in ANSI / EIA 748A.


      The student can categorize the
      intent, management value, typical
      EVMS attributes, and typical EVMS
      outputs for each of the Organization
      Guidelines.

      The student can explain the
      important role Work Breakdown
      Structures (WBS) play in
      comprehensive contract work
      definition.

      The student can discuss the
      relationship between a good WBS
      and an efficient OBS and the effect
      of the integration of the two.
      The student can discuss the
      importance of integrating the various
      subsystems of the EVMS.


5   The student can explain the EVMS
    Planning and Budgeting guidelines
    and interpret each in the context of the
    ANSI/EIA 748A.
      The student can outline and explain
      the Planning, Scheduling and
      Budgeting Guidelines as listed in
      ANSI / EIA 748A.
      The student can categorize the
      intent, management value, typical
      EVMS attributes, and typical EVMS
      outputs for each of the Planning,
      Scheduling and Budgeting
      Guidelines

      The student can explain the
      importance of a properly networked
      schedule and its’ importance to
      project management.
      The student can explain the concept
      of schedule horizontal and vertical
      integration as well as the
      importance of the program critical
      path.

      The student can summarize the
      value of establishing and
      maintaining a PMB at the control
      account /work package level.

      The student can explain the
      concepts of Management Reserve
      and Undistributed Budget and their
      use.

6   The student can explain the EVMS
    Accounting guidelines and interpret
    each in the context of the ANSI/EIA
    748A.
      The student can outline and explain
      the Accounting Considerations
      Guidelines
      The student can categorize the
      intent, management value, typical
      EVMS attributes, and typical EVMS
      outputs for each of the Accounting
      Considerations Guidelines.


      The student can describe the
      concept of applied direct costs and
      the importance of the contractor’s
      accounting system providing
      auditable actual cost data at the
      control account level.

      The student can relate the
      importance of accurate cost
      summarization through the CWBS
      and OBS.
      The student can explain the various
      points at which earned value for
      material items can be calculated
      and the need for the accounting
      system to provide actual costs for
      comparison and analysis.


      The student can describe the need
      for and use of “estimated actuals”
      when accounting for material costs
      The student can explain the
      importance of indirect costs and the
      attributes required for disciplined
      application to budgeted and actual
      costs, and application to individual
      projects.

      The student can explain the need to
      track actual costs by element of cost
      and unit or lot.
7   The student can explain the EVMS
    Analysis and Management Report
    guidelines & interpret each in the
    context of the ANSI/EIA 748A.
      The student can outline and explain
      the Analysis and Management
      Reports Guidelines as listed in ANSI
      / EIA 748A.
      The student can categorize the
      intent, management value, typical
      EVMS attributes, and typical EVMS
      outputs for each of the Analysis and
      Management Reports Guidelines.


      The student can explain the need
      for assessing performance in a
      consistent manner with the planned
      budget at the control account level.


      The student can explain the need
      for analysis methodology and how
      to interpret "cost and schedule
      variances" and "at-completion
      variances“

      The student can list and explain the
      various elements of variance
      analysis that should be prepared by
      the contractor.
      The student can demonstrate how
      the following can be analyzed: 1)
      material price vs. usage variance, 2)
      labor rate vs. hours variance, and 3)
      indirect rate vs. base variance.


      The student can isolate and
      separately analyze the impacts of
      level of effort and indirect costs to
      either cost or schedule variances.
      The student can demonstrate how
      performance data is rolled up to
      varying levels to meet management
      needs, explain customer reporting
      requirements, and describe the
      need for management corrective
      action.

      The student can paraphrase EVMS
      minimum requirements for formal
      "Estimates at Completion" (EAC) &
      the impact that "earned value"
      techniques have on statistical
      calculations of EACs.

      The student can trace the EAC to
      other reports, such as the Contract
      Funds Status Report, and describe
      why realistic EACs are important for
      funding projections.

8   The student can explain the EVMS
    Revision and Data Maintenance
    Guidelines and interpret each in the
    context of the ANSI/EIA 748A.
      The student can outline and explain
      the Revision and Data Maintenance
      Guidelines.
      The student can categorize the
      intent, management value, required
      EVMS attributes, and typical EVMS
      outputs for each of the Revision and
      Data Maintenance Guidelines.


      The student can describe the
      limitations placed on contractors by
      the guidelines for internal replanning
      of contractual effort, including
      retroactive changes.

      The student can outline the extent
      of replanning activities required of
      the contractor when a government
      change notice is issued.
      The student can describe the
      process of establishing an Over-
      Target Baseline.
      The student can discuss the
      contractor requirements for EVMS
      planning and reporting of an
      Undefinitized Contract Action.
9   The student can explain the objectives
    of EVMS surveillance and discuss the
    conduct of a surveillance effort at a
    Contract Management Office (CMO).


       The student can state the objectives
       of EVMS surveillance including the
       need for program offices to keep
       their CMO informed.


       The student can describe who is
       responsible for EVMS surveillance


       The student can describe the
       function of the EVMS Specialist and
       his/her general duties as they
       pertain to surveillance.
       The student can describe the
       importance of the MOA as it applies
       to the surveillance effort.
       The student can summarize how a
       Surveillance Team is to be
       comprised, ideally, and who is
       responsible for the conduct of this
       team.

       The student can explain the
       Surveillance Review process and
       the importance of using Metrics to
       help determine the focus of the
       review.

10 The student can explain the
   progressive steps that should be taken
   to deal with EVMS non-compliance
   situations.
       The student can outline the
       progressive steps that should be
       taken with non-compliance
       situations (above and below $50M).


       The student can understand the
       individuals who should participate in
       non-compliance remediation.
       The student can discuss the
       differences between system
       certification remediation
       (suspension or withdrawal) versus
       financial withholds, and discuss the
       varying impacts to the contractor.
       The student can describe the steps
       necessary for the remediation
       actions to be eliminated.
11 The student can contrast interview
   approaches that can be taken in
   accomplishing validation and
   surveillance reviews and can
   adequately prepare for either type of
   interview.

       The student can describe the
       importance of interviews in overall
       validation and surveillance
       processes.
       The student understands how to
       focus the interview for the assigned
       process area.
       The student understands the
       necessity of preparation for
       interview.
       The student can describe operating
       guidelines, interview techniques,
       and documentation for the conduct
       of personnel interviews.
       The student can demonstrate how
       to prepare for the interview by
       organizing materials and selecting
       sample questions appropriate for
       the management level of the
       interviewee.

12 Based on practical experience, the
   student can explain and apply the
   activities needed to review and
   evaluate a contractor's earned value
   management system in the context of
   the ANSI/EIA 748A.

       The student can describe the basic
       steps in validating a contractor’s
       EVMS.
       The student can analyze the
       contractor's plan for achieving
       EVMS validation.
       The student can interpret the
       documentation utilized by a
       contractor in demonstrating his
       EVMS.
       The student can relate ANSI/EIA
       748A to a simulated contractor's
       EVMS.
The student can conduct interviews
and data traces to determine if a
contractor is compliant with the
internal management procedures
outlined in the EVMS Description.


The student can explain the conduct
of an EVMS Initial Validation
Review, and how to resolve issues.


The student can summarize the
Exit/Debrief requirement and report
for the Initial Validation Review.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
CF 262 – EVMS Validation and Surveillance
                                                             091104


                            Work Description/Justification
                                           DEFENSE ACQUISITION UNIVERSITY
                                            EMPLOYEE SELF-ASSESSMENT
                                   BCF263 – Principles of Schedule Management Course

                                              Competency
                Competency                     Achieved?
                                               Yes    No
1   The student shall be able to describe
    the overall BCF-263 course structure
    and recall the major topics and
    concepts to be covered and assessed
    by the BCF-263 curriculum.


      The student can record and cite the
      major topics of the remaining
      modules.
      The student can summarize the
      course learning objectives.
      The student can describe the
      scored exercises and assessment
      schedule.
2   The student shall be able to describe
    DoD integrated master schedule (IMS)
    related policy and the American
    National Standards Institute/Electronic
    Industries Alliance’s (ANSI/EIA 748A)
    guidelines 6 & 7 IMS related
    requirements.


      The student can explain DoD IMS
      policy and reporting requirements.
      The student can explain the
      scheduling process and concepts of
      horizontal and vertical schedule
      integration.
      The student can summarize the
      intent, management value,
      attributes, and typical outputs
      associated with the American
      National Standards
      Institute/Electronic Industries
      Alliance’s (ANSI/EIA 748A)
      guidelines 6 & 7.

3   The student shall be able to apply the
    precedence diagram method (PDM) of
    scheduling to analyze and create
    simple non-complex PDM network
    schedules.
      The student can summarize the
      attributes of the precedence
      diagram method of scheduling.
      The student can define terms
      associated with the precedence
      diagram method of scheduling.
      Given a simple PDM network, the
      students can calculate the early
      start and finish times, calculate the
      late start and finish times, and
      determine the critical path.


      Given a scenario and set of
      assumptions, the student can create
      a PDM network schedule.
4   The student shall be able to
    summarize how schedules are used in
    today’s program management
    community, describe the schedule
    development process, and create
    simple MS Project schedules.

      Given a scenario and a set of
      assumptions, the student can code
      MS Project to create a MS Project
      schedule.
      The student can apply the
      scheduling process flow and
      schedule development steps.
      The student can articulate the
      difference between schedule
      presentation and the schedule
      development process.
      The student can identify the
      schedule presentation formats
      associated with bar charts,
      calendars, PERT diagrams, and
      Gantt charts.

5   The student shall be able to interpret
    an American National Standards
    Institute/Electronic Industries Alliance
    (ANSI/EIA 748A) compliant integrated
    master schedule (IMS), calculate IMS
    health metrics, and prepare IMS status
    and forecast assessments.


      The student can apply common
      schedule analysis techniques to
      include: baseline comparison
      analysis; critical path analysis, and
      schedule risk analysis
Given an ANSI/EIA 748A compliant
IMS, the student can apply a
schedule diagnostic check list to
appraise schedule status
Given an ANSI/EIA 748A compliant
IMS, the student can calculate
common schedule health metrics to
evaluate: task float status; task
duration; underdeveloped logic; and
incomplete task status


Given an ANSI/EIA 748A compliant
IMS, the student can calculate
common schedule performance
metrics to include: schedule
performance index; critical path
length index; baseline execution
index; and task hit or miss
percentages

The student can apply Risk + to
create and interpret the results of a
Monte Carlo schedule simulation.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
3 – Principles of Schedule Management Course
                                                            091104


                           Work Description/Justification
                                           DEFENSE ACQUISITION UNIVERSITY
                                       EMPLOYEE SELF-ASSESSMENT
                     BCF 301- Business, Cost Estimating & Financial Management Workshop

                                               Competency
               Competency                       Achieved?
                                                Yes    No
1 Evaluate the interrelationship of
    Earned Value Management (EVM) to
    other Business Cost Estimating and
    Financial Management (BCEFM)
    functions to determine impact on the
    program.

      Analyze the relationship between
      EVM data and BCEFM functions
      and the impact each has on the
      other.
      Analyze EVM data on the contract
      and its implication on cost.
      Identify the problems on the
      program and long term implications
      given EVM guidelines.

      Evaluate the pros and cons of the
      various EAC methodologies for the
      scenario provided.
      Assess how Cost as an
      Independent Variable (CAIV) can be
      used on a program.
      Predict how contract analysis can
      provide indications of current status,
      trends and a forecast of final costs.

      Critique automated Estimate Value
      Management (EVM) data analysis
      tools for their advantages and
      disadvantages.

2 Defend the relevant Business, Cost
    Estimating and Financial Management-
    Related Laws, Regulations, Policies
    and Procedures to apply to a given
    scenario.

      Evaluate a scenario to determine
      proper appropriation and funding
      policies to be applied.
      Evaluate how the budget
      apportionment process will impact
      availability and timing.
Defend a decision to adjust program
finding based on commitment,
obligation, expenditure, and outlays.


Assess a scenario to determine if
there are violations of any of the
fiscal laws (i.e. Misappropriation,
Anti-deficiency, Bona-fide Need).
Evaluate an obligation plan to
determine the health of a program
and implications to program
execution and funding.
Defend the program funding position
given a proposed budget reduction.

Justify reprogramming a strategy for
satisfying funding requirements
Identify the proper fiscal year of
funds to use in order to pay old bills
given the rules governing the use of
expired and cancelled funds.

Distinguish between the various
characteristics of contract types and
the implication of choice of contract
type on your program.
Evaluate the budget for adequacy of
funding of a CPIF contract with cost
overruns.
Discuss the funding impact of
various types of contracts.
Defend the P&R form decisions at a
budget review.
Defend the steps that must be taken
in the PPBE process to include the
purpose, timing, major documents
and activities and OSD lead
organizations and implications for
your program’s funding.

Defend the program funding levels
throughout the three phases of
Congressional Enactment, i.e.
budget resolution, authorization and
appropriation, and program
implications

Assess the Congressional Appeal
process for its impact on program
funding.
Defend a program status briefing for
the PEO.
Defend a restructure plan for the
program to address problems.
3 Defend Cost Estimating (CE)
   strategies appropriate for a given
   situation.
      Assess the best Cost Estimating
      (CE) methodologies to use based
      on data available and timing in the
      acquisition process.
      Explain the various costs within a
      program (i.e. Life Cycle Costs,
      Development, Flyaway, Weapon
      System, Procurement and Program
      Acquisition).

      Justify changes in these costs and
      their possible cause of a breach.
      Discuss and recommend the
      required actions based on type of
      breach.

      Explain about the various methods
      and players used to verify a cost
      estimate throughout the program’s
      life cycle.
EFENSE ACQUISITION UNIVERSITY
    EMPLOYEE SELF-ASSESSMENT
ess, Cost Estimating & Financial Management Workshop
                                                            090223


                           Work Description/Justification

				
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