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FPM 333: Progressive Business, Cost, and Financial Management

Description

This three-day course advances the experienced project manager into the business enterprise tasks of leading complex projects and larger, collective programs. You will evaluate for merit and evoke risk management strategies resulting in program-level adjustments to financial plans and cost benefit analyses. Earned value management (EVM) metrics are evaluated, followed by program adjustment decisions based on EVM data. This course will emphasize managing costs and financial risks within the broader context of a Total Life-Cycle Systems Management (TLCSM) approach to program management. You will understand how to present and defend a business case before program stakeholders, manage funds, and other key competencies for project managers.

Learning Objectives

  • Identify, apply, and integrate agency financial policies and directives relevant to the program
  • Direct financial planning and account for associated risks
  • Prepare a comprehensive program specification and the statement of objectives (SOO), or statement of work (SOW), or performance-based statement of work (PBSOW)
  • Facilitate program application of common cost estimation and cost analysis techniques
  • Understand program application of earned value management (EVM), the criticality of the integrated baseline review (IBR), and how to interpret the EVM indicators and resulting analysis

Course ID

FPM 333

Length

3 Days

CLPs

24

PDUs

24

Modality

In-person

Virtual

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© 2024 Business Management Research Associates, Inc. | All Rights Reserved

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