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FAC-P/PM Certification: Applications in Business, Cost & Financial Management (FPM 233)

COURSE TYPE

Intermediate

Course Number

1323

Duration

3 Days

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Knowledge of federal budget appropriations, Total Life Cycle Systems Management, and OMB A-11 processes allow for improved transparency, accountability, fiscal discipline, and performance. This FAC-P/PM certification training course offers the skills to conduct comprehensive program cost estimation, fund multiyear projects and validate program baselines.

Learning Tree’s FAC-P/PM training has been fully verified by the Federal Acquisition Institute (FAI).

You Will Learn How To:

  • Apply commercial and governmental accounting, cost-estimation techniques, and Earned Value Management (EVM) techniques
  • Incorporate GAO Cost Estimating and Assessment Guide best practices
  • Business case Analysis
  • Navigate the congressional appropriation process
  • Enhance performance with EVM, OMB A-11 and ANSI/EIA-748

Important Course Information

Requirements:

  • Two years of program or project management experience within the last five years.

FAC-P/PM Certification Information:

  • All Federal employees (non DoD) who work in a Program/Project Management role are required to be FAC-P/PM certified. Private industry/contractors are eligible to attend FAC-P/PM training, but are not eligible to become certified.
  • FAC-P/PM certification is awarded at the agency level and requirements vary by agency. Check with your Acquisition Career Manager (ACM) for information on certification requirements.

Course Outline

  • Introducing the FAC-P/PM Program
  • Clarifying the FAC-P/PM initiative
  • Describing acquisition reforms
  • Establishing a culture of accountability
  • Identifying government and contractor equities
  • Business Management Fundamentals

Incorporating Total Life Cycle Systems Management (TLCSM) concepts

  • Comparing program life cycles
  • Applying Total Life Cycle Systems Management

Identifying Earned Value Management (EVM) fundamentals

  • Reviewing EVM concepts
  • Describing roles - customer vs. supplier
  • Applying Program Cost Estimation Processes

Analyzing cost-estimating methods

  • Exploring appropriate uses of techniques
  • Outlining strengths and weaknesses of each method

Examining the logistics of cost estimation

  • Distinguishing between product life cycle vs. program life cycle
  • Revealing often forgotten costs

Exploring learning curve theory and its applications

  • Incorporating learning curves to reduce task time
  • Examining learning curve models to determine learning rates
  • Allocating Funding to Multiyear Complex Projects

Structuring your project using the federal budgeting process

  • Responsibilities of the PM in the budget process
  • Applying cost estimates to select projects

Relating the congressional funding process to your project

  • Explaining program approvals
  • Defining project appropriations and allocations
  • Leveraging the ANSI/EIA-748 (Earned Value Management Systems)

OMB A-11 Section 300 Requirements

  • The purpose of OMB Circular A-11
  • Relating ANSI/EIA-748 to OMB Circular A-11
  • Exploring connections between EVM and the performance budget

Defining the purpose behind the ANSI standard

  • Explaining the structure of the standard
  • Describing the use of the standard

Applying the ANSI standard

  • Defining associated documents
  • Addressing the guidelines within the standard
  • Establishing Baselines

Developing the program baseline

  • Explaining the use of estimating and budgeting
  • Associating the program baseline with budget

Determining the performance baseline

  • Benefiting from the Work Breakdown Structure
  • Developing the Integrated Master Plan/Master Schedule
  • Applying GAO best practices and the ANSI standard
  • Validating the Performance Baseline: The Integrated Baseline Review (IBR)

Clarifying the rationale for the IBR

  • Explaining the mitigation of risk
  • Analyzing the adequacy of the baseline

Preparing for and conducting the IBR

  • Training the participants
  • Accessing data and defining the report
  • Analyzing Earned Value Data

Interpreting earned value metrics and meaning

  • Explaining the source of the metrics
  • Analyzing the measures and performing metrics analysis

Applying root cause analysis

  • Defining the source of problems
  • Dealing with the root cause at the source
  • Defining responsibility and exploring possible actions
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Convenient Ways to Attend This Instructor-Led Course

Hassle-Free Enrollment: No advance payment required to reserve your seat.
Tuition due 30 days after you attend your course.

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Private Team Training

In the Classroom — OR — Live, Online

Tuition — Standard: $2650   Government: $2355

Apr 30 - May 2 (3 Days)
9:00 AM - 4:30 PM EDT
Herndon, VA / Online (AnyWare) Herndon, VA / Online (AnyWare) Reserve Your Seat

FAC-P/PM Certification: Applications in Business, Cost & Financial Management (FPM 233)

Thank you for your interest in this event, but there are no available seats at this time. Please select another date. You may also contact a customer service representative or training advisor about your training needs, from single courses to large enterprise solutions.

You have used Passport or Voucher Number for this event. Please contact our Customer Service Representative or Training Advisor and they will work with your payment options.

Apr 30 - May 2 (3 Days) 9:00 AM - 4:30 PM EDT Herndon, VA / Online (AnyWare)
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By clicking the GSA box – you certify that you/your firm is eligible to receive discounted price available only to Federal, State and Local Government agencies and eligible Government Contractor(s). Eligible Government Contract(s) must furnish a Letter of Authorizations in accordance with FAR 51.1 within a week of enrollment.

Learning Tree reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to ensure that you qualify to receive GSA discounted rate and to provide any Letter of Authorizations issued by the Government. If a letter of authorization is not provided within a week of enrollment – the initial discounted quoted price will revert back to applicable commercial pricing. Please contact your Government Account Coordinator for any questions.

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Price
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Pay by credit card at checkout
-or- pay later by invoice, as always.

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Jul 30 - Aug 1 (3 Days)
9:00 AM - 4:30 PM EDT
Herndon, VA / Online (AnyWare) Herndon, VA / Online (AnyWare) Reserve Your Seat

FAC-P/PM Certification: Applications in Business, Cost & Financial Management (FPM 233)

Thank you for your interest in this event, but there are no available seats at this time. Please select another date. You may also contact a customer service representative or training advisor about your training needs, from single courses to large enterprise solutions.

You have used Passport or Voucher Number for this event. Please contact our Customer Service Representative or Training Advisor and they will work with your payment options.

Jul 30 - Aug 1 (3 Days) 9:00 AM - 4:30 PM EDT Herndon, VA / Online (AnyWare)
Please select the quantity Please select the quantity
Optional Discounts
?
Have a Promo Code?

Enter a promo code for additional savings.

{{vm.lineItem.$DiscountValidationMessage}} Please enter a valid Promo Code
?
Don't know your Voucher or Passport Number?

Contact us via live chat or call us at 1-888-843-8733 and one of our representatives will assist you with your order.

{{vm.lineItem.$VoucherNumberValidationMessage}} Please enter a valid Voucher or Passport Number
Your Work Email is required Please enter a valid Email
?
BY CLICKING THE GSA BOX, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, LEAVE THAT BOX BLANK TO RECEIVE COMMERCIAL PRICING.

By clicking the GSA box – you certify that you/your firm is eligible to receive discounted price available only to Federal, State and Local Government agencies and eligible Government Contractor(s). Eligible Government Contract(s) must furnish a Letter of Authorizations in accordance with FAR 51.1 within a week of enrollment.

Learning Tree reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to ensure that you qualify to receive GSA discounted rate and to provide any Letter of Authorizations issued by the Government. If a letter of authorization is not provided within a week of enrollment – the initial discounted quoted price will revert back to applicable commercial pricing. Please contact your Government Account Coordinator for any questions.

Not sure if you qualify? See the ? for details. Terms and Conditions
Price
Pay now -or- pay later
Pay by credit card at checkout
-or- pay later by invoice, as always.

Added to cart

Oct 29 - 31 (3 Days)
9:00 AM - 4:30 PM EDT
Herndon, VA / Online (AnyWare) Herndon, VA / Online (AnyWare) Reserve Your Seat

FAC-P/PM Certification: Applications in Business, Cost & Financial Management (FPM 233)

Thank you for your interest in this event, but there are no available seats at this time. Please select another date. You may also contact a customer service representative or training advisor about your training needs, from single courses to large enterprise solutions.

You have used Passport or Voucher Number for this event. Please contact our Customer Service Representative or Training Advisor and they will work with your payment options.

Oct 29 - 31 (3 Days) 9:00 AM - 4:30 PM EDT Herndon, VA / Online (AnyWare)
Please select the quantity Please select the quantity
Optional Discounts
?
Have a Promo Code?

Enter a promo code for additional savings.

{{vm.lineItem.$DiscountValidationMessage}} Please enter a valid Promo Code
?
Don't know your Voucher or Passport Number?

Contact us via live chat or call us at 1-888-843-8733 and one of our representatives will assist you with your order.

{{vm.lineItem.$VoucherNumberValidationMessage}} Please enter a valid Voucher or Passport Number
Your Work Email is required Please enter a valid Email
?
BY CLICKING THE GSA BOX, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, LEAVE THAT BOX BLANK TO RECEIVE COMMERCIAL PRICING.

By clicking the GSA box – you certify that you/your firm is eligible to receive discounted price available only to Federal, State and Local Government agencies and eligible Government Contractor(s). Eligible Government Contract(s) must furnish a Letter of Authorizations in accordance with FAR 51.1 within a week of enrollment.

Learning Tree reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to ensure that you qualify to receive GSA discounted rate and to provide any Letter of Authorizations issued by the Government. If a letter of authorization is not provided within a week of enrollment – the initial discounted quoted price will revert back to applicable commercial pricing. Please contact your Government Account Coordinator for any questions.

Not sure if you qualify? See the ? for details. Terms and Conditions
Price
Pay now -or- pay later
Pay by credit card at checkout
-or- pay later by invoice, as always.

Added to cart

Feb 4 - 6 (3 Days)
9:00 AM - 4:30 PM EST
Herndon, VA / Online (AnyWare) Herndon, VA / Online (AnyWare) Reserve Your Seat

FAC-P/PM Certification: Applications in Business, Cost & Financial Management (FPM 233)

Thank you for your interest in this event, but there are no available seats at this time. Please select another date. You may also contact a customer service representative or training advisor about your training needs, from single courses to large enterprise solutions.

You have used Passport or Voucher Number for this event. Please contact our Customer Service Representative or Training Advisor and they will work with your payment options.

Feb 4 - 6 (3 Days) 9:00 AM - 4:30 PM EST Herndon, VA / Online (AnyWare)
Please select the quantity Please select the quantity
Optional Discounts
?
Have a Promo Code?

Enter a promo code for additional savings.

{{vm.lineItem.$DiscountValidationMessage}} Please enter a valid Promo Code
?
Don't know your Voucher or Passport Number?

Contact us via live chat or call us at 1-888-843-8733 and one of our representatives will assist you with your order.

{{vm.lineItem.$VoucherNumberValidationMessage}} Please enter a valid Voucher or Passport Number
Your Work Email is required Please enter a valid Email
?
BY CLICKING THE GSA BOX, YOU AGREE TO THESE TERMS OF USE; IF YOU DO NOT AGREE, LEAVE THAT BOX BLANK TO RECEIVE COMMERCIAL PRICING.

By clicking the GSA box – you certify that you/your firm is eligible to receive discounted price available only to Federal, State and Local Government agencies and eligible Government Contractor(s). Eligible Government Contract(s) must furnish a Letter of Authorizations in accordance with FAR 51.1 within a week of enrollment.

Learning Tree reserves the right, at its sole discretion, to change, modify, add or remove portions of these Terms of Use, at any time. It is your responsibility to ensure that you qualify to receive GSA discounted rate and to provide any Letter of Authorizations issued by the Government. If a letter of authorization is not provided within a week of enrollment – the initial discounted quoted price will revert back to applicable commercial pricing. Please contact your Government Account Coordinator for any questions.

Not sure if you qualify? See the ? for details. Terms and Conditions
Price
Pay now -or- pay later
Pay by credit card at checkout
-or- pay later by invoice, as always.

Added to cart

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Tuition

Standard

Government

In Classroom or
Online

Standard

$2650

Government

$2355

Private Team Training

Contact Us »

Course Tuition Includes:

After-Course Instructor Coaching
When you return to work, you are entitled to schedule a free coaching session with your instructor for help and guidance as you apply your new skills.

Free Course Exam
You can take your Learning Tree course exam on the last day of your course or online any time after class.

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Training Hours

Standard Course Hours: 9:00 am – 4:30 pm
*Informal discussion with instructor about your projects or areas of special interest: 4:30 pm – 5:30 pm

Enhance Your Credentials with Professional Certification

Learning Tree's comprehensive training and exam preparation guarantees that you will gain the knowledge and confidence to achieve professional certification and advance your career.

Earn 17 Credits from NASBA

This course qualifies for 17 CPE credits from the National Association of State Boards of Accountancy CPE program. NOTE: Only live, in-class attendance qualifies for NASBA CPEs. Read more ...

Earn 17 PDUs


PMI, the Registered Education Provider logo, PMP, CAPM, PMI-ACP,
and PMBOK are marks of the Project Management Institute, Inc.

This course is approved by PMI® for 17 professional development units (PDUs). For more on the Project Management Institute and a full list of courses approved for PDUs.

Technical : 17 PDUs

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