CAIV stands for what?

CAIV stands for what?

• A. Cost as an Independent Variable
• B. Cost as an Internal Variable
• C. Cost and Investment Variance
• D. Cost as an Internal Variable

Answer: (A)

CAIV stands for Cost as an Independent Variable. In this approach, the cost target is set up front and used as the primary constraint for the program. Performance and schedule are then adjusted to fit that cost, rather than trying to meet fixed requirements and letting costs be the afterthought. The idea is to achieve an affordable system by making engineering trade-offs early, using cost to drive decisions, and allowing scope or performance to be altered to stay within the target cost. The other phrases don’t reflect the established concept and don’t describe how CAIV guides decision-making as the cost constraint that shapes trade-offs.

CAIV stands for Cost as an Independent Variable. In this approach, the cost target is set up front and used as the primary constraint for the program. Performance and schedule are then adjusted to fit that cost, rather than trying to meet fixed requirements and letting costs be the afterthought. The idea is to achieve an affordable system by making engineering trade-offs early, using cost to drive decisions, and allowing scope or performance to be altered to stay within the target cost. The other phrases don’t reflect the established concept and don’t describe how CAIV guides decision-making as the cost constraint that shapes trade-offs.