Scheduling and Cost Control for Federal Government Projects (113)

Scheduling and Cost Control for Federal Government Projects provides participants with the information to estimate cost and time input to generate a WBS and then monitor projects using earned value management. This course reviews best practices to meet the requirements of OMB A-94 and A-11 and addresses the entry-level business, cost, and financial management competencies and performance outcomes, as defined by the FAC-P/PM policy and competency model. Calculation of schedules, using the PERT technique, and interpretation of data from a time-phased distribution of project costs will also be reviewed.

Learning objectives

• Identify what is needed to create a WBS to identify and assign resources, predict cost, and generate time estimates.
• Calculate schedules using PERT and analyze projects with earned value management techniques.
• Demonstrate knowledge of OMB A-94 and OMB A-11 application.
• Demonstrate the ability to oversee the application of total lifecycle systems management.

Behavioral Competencies

• Action oriented
• Collaborates
• Directs work
• Drives results
• Ensures accountability
• Optimizes work processes
• Plans and aligns
• Resourcefulness

Skills

• Costing and budgeting
• Project communications management
• Project cost and budget management
• Project estimating
• Project resource planning and control
• Project schedule management
• Project scope management
• Project tracking and reporting

PDUs

• Onsite instructor-led: 3 days - 24
• Virtual instructor-led: 3 days - 24