FPM 133: Fundamentals of Business, Cost, and Financial Management

This three-day course will provide you with the financial management and decision-making skills necessary for successful program/project outcomes. You will learn how to resolve program/project problems by applying effective cost estimating, Federal budgeting, and earned value management (EVM) principles. This course will help you develop skills to meet performance outcomes necessary for business and financial management.

Learning Objectives

Outline the process for building a viable business case
Evaluate the requirements development process
Utilize key concepts for cost estimating
Understand the Federal budget process as well as budget authority
Understand resource allocation for each type of appropriation
Describe key concepts relating to earned value management (EVM)
Manage a program using various performance measures
Create an action plan

Pre-Requisites

1 year of project management experience in the last 5 years.

Course ID

FPM 133

Length

3 Days

CLPs

Testimonials

“This course allowed me to enhance my skills to become a more effective COR and to understand other team roles.” – 2019 participant

“I got a good overall understanding of Cost Estimating, EVM, and the Budget process.” – 2020 participant

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