Policy Analysis & Evaluation Flashcards
7 cards from real FAC practice questions. Tap to flip, then mark Knew It or Still Learning — missed cards come back until you master them.
Read the first 7 Policy Analysis & Evaluation flashcards as text
Which framework is most commonly used by federal agencies to conduct a cost-benefit analysis (CBA) when evaluating acquisition policy alternatives?
Answer: OMB Circular A-94 guidelines
OMB Circular A-94 provides the standard guidelines for benefit-cost analysis of federal programs and regulatory proposals.
A program manager wants to assess whether a new procurement policy reduced contract award cycle times. Which evaluation method best measures this outcome?
Answer: Pre/post comparison using historical contracting data
A pre/post comparison using historical data directly measures changes in cycle time attributable to the policy change.
Under the Program Management Improvement Accountability Act (PMIAA), what is required of major federal agencies regarding program management policy?
Answer: Designate a Program Management Improvement Officer (PMIO)
PMIAA requires covered agencies to designate a Program Management Improvement Officer to oversee policy implementation and improvement.
When evaluating the effectiveness of a sole-source policy waiver, which metric would BEST indicate whether competition was appropriately limited?
Answer: Comparison of awarded price to independent government cost estimates
Comparing the awarded price to the independent government cost estimate reveals whether the lack of competition resulted in an unreasonable price.
A contracting officer conducts a policy gap analysis and finds that existing regulations do not address cloud service acquisitions. What is the appropriate next step?
Answer: Proceed under the closest analogous FAR provision and document the rationale
When a regulatory gap exists, contracting officers should apply the most analogous provision and document their rationale while advocating for updated guidance.
Which federal statute requires agencies to evaluate the performance of acquisition programs against cost, schedule, and performance goals?
Answer: Government Performance and Results Modernization Act (GPRAMA)
GPRAMA requires federal agencies to set strategic goals and evaluate program performance, including acquisition outcomes, against established targets.
An agency discovers that its small business subcontracting policy is consistently resulting in subcontracting plan non-compliance by prime contractors. Which corrective action is MOST appropriate?
Answer: Assess liquidated damages and review the subcontracting plan review process
FAR 19.705-7 authorizes assessing liquidated damages for non-compliance, and reviewing the plan review process addresses systemic root causes.