Learning Objectives
- Outline the process for building a viable business case containing both qualitative and quantitative decision criteria
- Describe key concepts relating to cost estimating
- Describe the federal budgeting process
- Allocate funds from each type of appropriation
- Describe key concepts relating to earned value management (EVM)
- Analyze various performance measures as a means of managing a program
- Create an on-the-job (OTJ) action plan
Course Topics
Building Business Cases
- Business Cases
- Business Case Analysis (BCA)
- Best Practices
Cost Estimating
- Defining Cost Estimating
- Cost Estimating in Acquisitions
- Cost Estimating Considerations
- Cost Estimating Principles
- Cost Estimating Methods
- Accuracy & Confidence
- Risk & Uncertainty
- Impact of OMB Circular No. A-94
Federal Budgeting
- Federal Budgeting Cycle
- Types of Appropriations
- Budget Submission
- Agency Perspective
Allocating Funds
- Budget Planning & Execution
- Categories of Funds
- Fiscal Law
- Appropriation Life Cycle
Earned Value Management
- What is EVM?
- Context of EVM in the Federal Environment
- Benefits of EVM
- EVM Policies
- EVM Data Elements
- EVM and Risk
Performance Measures
- Performance Measurement Overview
- PMB
- Performance Measurement Methods
- Statutory Requirements
- IBR Overview
Putting It All Together
- Lesson Overview
- Exercise: The Business Case
- Exercise: Project Budget
- Exercise: Federal Budgeting
- Exercise: Earned Value Management
- Exercise: Defining an Integrated Baseline Review (IBR)
February 6 – February 8, 2023 | 9:00 AM – 5:00 PM | Internet, EST | Virtual | $2,499
April 5 – April 7, 2023 | 8:00 AM – 4:00 PM EST | Internet, EST | Virtual | $2,499
June 14 – June 16, 2023 | 9:00 AM – 5:00 PM | Internet, EST | Virtual |$2,499