Sources of learning curve experience can include: a. New production processes b.

Question

Sources of learning curve experience can include:

a. New production processes

b. Product redesign

c. Incentives and disincentives

d. Changes in the resource mix

e. All of the above

Which of the following would you do if you needed the contractor to start work earlier than planned on a project and finish earlier than contractually agreed upon?

a. Issue a letter contract, but follow up as soon as possible with some type of financial incentive contract

b. Sign a time and materials contract for the entire effort

c. Negotiate a firm-fixed contract

d. Negotiate a cost sharing arrangement

e. None of the above

The ''make or buy" decision is usually made during the:

a. Acquisition cycle

b. Contract evaluation cycle

c. Requirements cycle

d. Pre-award cycle

e. At any time that is convenient for the project manager

Explanation / Answer

b. Product redesign

a. Issue a letter contract, but follow up as soon as possible with some type of financial incentive contract

c. Pre-award cycle

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