This course provides an overview for effective cost estimating, federal budgeting, and implementing EVM on projects and satisfies the business, cost, and financial management performance outcomes necessary for the Federal Acquisition Certification for Program and Project Managers (FAC-P/PM) at the senior level. The course prepares students to supervise, or improves proficiency in supervising, the functions required through the use of interactive exercises and class discussions which allows students to focus on collecting, organizing, analyzing, and reporting on project and program progress and performance. The application of best practices that integrate performance information-from cost estimating, risk management, and earned value management (EVM)-provides students with the tools they need to apply these concepts and strategies to their own programs. The course discusses how to; conduct cost estimating and cost analysis, formulating financial programs and budgets, benefit/cost analysis and other decision-making tools, total ownership cost, overseeing and interpreting data from and Earned Value Management System (EVMS) and other methods of performance measurement, and knowledge of the rules of budget execution.
FPM 333 - Progressive Business, Cost, and Financial Management
Multi Day Event
Acquisition Course (FAI CSOD)
8:00 AM - 4:00 PM