Which three program parameters are documented in an Acquisition Program Baseline (APB)?

The Acquisition Program Baseline (APB) is a critical document that establishes key parameters for managing a defense acquisition program. The correct answer emphasizes Cost, Schedule, and Performance thresholds as essential components of the APB.

Cost refers to the total expenditure required to develop and deliver the system, including research, development, production, and operational costs. Schedule outlines the timeline for the program, detailing necessary milestones and completion dates. Performance thresholds define the minimum acceptable capabilities and performance levels the system must achieve to be considered successful.

This triad of parameters—cost, schedule, and performance—provides a comprehensive framework against which program success is measured and offers a structured approach for managing the program throughout its lifecycle.

Other choices, while they may encompass aspects relevant to program management, do not accurately reflect the specific components documented in an APB. For instance, quality is an important aspect of performance but does not replace the critical need for defined performance thresholds in the context of the APB. Similarly, elements like supplier and budget may relate to the overall financial management of a program but are not part of the baseline. Therefore, understanding the importance of cost, schedule, and performance thresholds helps in framing and executing successful acquisition programs.