Acq 1010 Module 1 Already Passed

Integrated Product Teams (IPTs) {Ans: A multidisciplinary group of people who are collectively responsible for delivering a defined product or process, functions including building successful programs, identify and resolve issues, make sound and timely recommendations to facilitate decision making.}Under Secretary of Defense for Acquisitions and Sustainment (USD(A&S)) {Ans: Principal staff assistant and advisor to the Secretary of Defense and Deputy Secretary of Defense for all matters relating to the DoD Acquisition System. Additional responsibilities and titles include Defense Acquisition Executive, Chairs the Defense Acquisition Board (DAB), and makes program milestone decisions for designated Major Defense Acquisition Programs (MDAPS)}Program Level IPTS (PIPTs) {Ans: Team that focuses on program execution which includes representative from both government and industry}Defense Industry (Objectives) {Ans: Profit and growth, cash flow, market share, stability, and technological achievement}System Acquisition Management {Ans: is the process used to acquire quality products which must satisfy the needs of operational users, provide measureable improvements in mission capabilities, and acquired in a timely manner at a fair and reasonable cost.}Execution {Ans: During this stage in PPBE, programs are evaluated and measured against established performance metrics, including rates of funding obligations and expenditures.}Director, Cost Assessment and Program Evaluation