Résumé : One of the major aims of performance investigation is to obtain a measure predicting real-life performance, in order to prevent consequences of a potential decrement. Whereas the predictive validity of such assessment has been extensively described for long-term outcomes, as is the case for testing in selection context, equivalent evidence is lacking regarding the short-term predictive value of cognitive testing, i.e., whether these results reflect real-life performance on an immediately subsequent task. In this series of experiments, we investigated both medium-term and short-term predictive value of psychophysiological testing with regard to real-life performance in two operational settings: military student pilots with regard to their success on an evaluation flight, and special forces candidates with regard to their performance on their training course. Our results showed some relationships between test performance and medium-term outcomes. However, no short-term predictive value could be identified for cognitive testing, despite the fact physiological data showed interesting trends. We recommend a critical distinction between "state" and "trait" dimensions of performance with regard to the predictive value of testing.