ACAP Data Collection and Management 3

Question 1

What is the 'Should-Cost' review concept in Army acquisition?

Accepted Answer

A government-led analysis to identify what a program should cost if managed efficiently, used to challenge contractor proposals

Answer

A review confirming the contractor's proposed cost is within budget

Answer

An audit comparing should-cost to will-cost estimates

Answer

A congressional review of program cost growth

Question 2

Which software metric is collected under CSDR requirements to help estimate future software development costs?

Accepted Answer

Source Lines of Code (SLOC) and equivalent SLOC (ESLOC)

Answer

Number of software engineers on the program

Answer

Software release frequency

Answer

Number of software defects found in testing

Question 3

What is the 'floor price' concept related to data quality in Army cost analysis?

Accepted Answer

The minimum credible cost below which an estimate is considered unrealistically optimistic given historical program performance

Answer

The lowest bid price accepted during source selection

Answer

The minimum contract value requiring CSDR reporting

Answer

The base year cost before applying inflation factors

Question 4

In Army cost data management, what is a 'data anomaly' and how should it be handled?

Accepted Answer

A data point that deviates significantly from the expected pattern due to special circumstances; it should be investigated, documented, and potentially excluded or separately analyzed

Answer

Any data older than 10 years in the cost database

Answer

A data submission rejected by DACIMS due to formatting errors

Answer

Cost data that has not been inflation-adjusted

Question 5

What is the purpose of a 'cost data normalization worksheet' in Army cost analysis?

Accepted Answer

To document all adjustments made to raw historical data, ensuring transparency and reproducibility of the normalization process

Answer

To establish the program's base year for inflation calculations

Answer

To record contractor cost submissions before entry into DACIMS

Answer

To track changes to the program's work breakdown structure

Question 6

What is the key difference between 'then-year' dollars and 'base-year' dollars in Army cost data management?

Accepted Answer

Then-year dollars include the effects of inflation to the year costs will actually be incurred; base-year dollars remove inflation to a fixed reference year

Answer

Then-year dollars are higher because they include fee and profit; base-year dollars exclude those

Answer

Base-year dollars are always the year the program was approved

Answer

Then-year dollars apply only to O&S costs, not development costs