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Designed for Entry/Beginner Level FAC-P/PM students, this course introduces the student to the basic concepts required by the Competency known as Business, Cost Estimating, and Financial Management. Emphasis is on the fundamental terminology and concepts that the students will encounter in their day-to-day jobs. Specific topics addressed include the following activities: cost estimating and cost analysis; formulating financial programs and budgets; benefit/cost analysis and other decision-making tools; knowledge of the rules of budget execution overseeing and interpreting data from an Earned Value Management System (EVMS) and other methods of performance measurement.
Exercises are included to allow the students to practice the skills that they are developing throughout the course. In addition, the course provides an extensive self-assessment tool the students can use to determine personal as well as organizational strengths and weaknesses that should be improved. Students will demonstrate their knowledge by answering review questions at various times during the class and by passing an end of class exam.
Location: Denver Learning Center, 7401 W. Mansfield Ave., Lakewood, CO 80235.
8:30 a.m. - 5:00 p.m.
Target Audience
Project Managers interested in the FAC-P/PM certification
Learning Objectives
�Recognize EVM policies, methodologies, and software for performance measurement of programs
�Identify management techniques
�Recognize the need for an Integrated Baseline Review process
�Recognize allocation of funds within appropriation categories and use of funds from each appropriation
�Identify the information system for financial management reporting
�Be knowledgeable of a cost estimating processes, methods, techniques, analytical principles, data, confidence bands, specialized costing, application of OMB A-94, Guidelines and Discount Rates for Benefit-Cost Analysis of Federal Programs, and management applications
Credit Hours
24
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Date
and Times
June 11,
2013
Class Hours
:
08:30 AM –
05:00 PM
June 12,
2013
Class Hours
:
08:30 AM –
05:00 PM
June 13,
2013
Class Hours
:
08:30 AM –
05:00 PM
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