Fundamentals of Business, Cost & Financial Management

Course Number
NIHTC9418
Description

This course is intended for new program and project management professionals, CORs and other acquisition officials and can be applied towards earning a FAC-PPM certification or as CLPs for other acquisition officials. The course addresses the principles, methods and tools for developing, scheduling, coordinating and managing projects and resources. Students will examine how to monitor and inspect costs, work and contractor performance. Completion of the Introduction to Project Management class is recommended but not mandatory.

Key Topics
  • Outline the process for building a viable business case containing both qualitative and quantitative decision criteria
  • Describe key concepts relating to cost estimating & the federal budgeting process
  • Learn key elements of allocation of funds and appropriations related to earned value management (EVM)
  • Analyze various performance measures as a means of managing a program & create action plans
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