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Performance Management and Metrics Flashcards

6 cards from real CDFM practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.

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  1. What is the primary tool DoD uses to track program cost, schedule, and technical performance on major defense acquisition programs?

    Answer: Earned Value Management (EVM)

    Earned Value Management (EVM) integrates cost, schedule, and technical performance data to give program managers an early warning of variances and forecast final program costs.

  2. In Earned Value Management, what does a negative Cost Variance (CV) indicate?

    Answer: The program is over budget relative to work accomplished

    A negative Cost Variance (CV = Earned Value minus Actual Cost) indicates that the program has spent more than the value of work actually accomplished, meaning it is over budget.

  3. What is a 'key performance parameter' (KPP) in DoD acquisition and performance management?

    Answer: A mandatory threshold that a system must meet; failure to meet it triggers program review or restructuring

    A Key Performance Parameter (KPP) is a critical capability attribute that a system must meet; failing to achieve a KPP threshold is a significant event that typically triggers a program review or restructuring.

  4. Under the Planning, Programming, Budgeting, and Execution (PPBE) process, what phase focuses on assessing program execution against planned performance?

    Answer: Execution

    The Execution phase of PPBE focuses on implementing approved programs, assessing actual performance against plans, and feeding lessons learned back into future planning cycles.

  5. What is the purpose of a 'Program Budget Decision' (PBD) issued by OSD during the PPBE process?

    Answer: To direct specific funding adjustments to military department budgets during the budgeting phase

    A Program Budget Decision (PBD) is an OSD document that makes specific adjustments to military department or defense agency budget submissions during the budgeting phase of PPBE.

  6. What does the Schedule Performance Index (SPI) measure in Earned Value Management?

    Answer: The ratio of earned value to planned value, indicating schedule efficiency

    The Schedule Performance Index (SPI = EV ÷ PV) measures schedule efficiency; an SPI below 1.0 indicates the program is behind schedule relative to the work planned.

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