FPM 121 Training: Acquisition Fundamentals of Project and Program Management II

Course Outline

This FPM 121 training course places the project management learner in an Integrated Product Team (IPT) setting. The hands-on approach allows students to gain hands-on experience in Acquisition Fundamentals of Project and Program Management II by working through problem-based exercises based on the concepts learned in the prerequisite FPM 120 online courses. Both FPM 120 and FPM 121 courses meet the full training standard for entry-level FAC-P/PM certification.

FPM 121 Training: Acquisition Fundamentals of Project and Program Management II Benefits

    • Examine program/project performance in terms of budget, schedule, and scope
    • Integrate multiple roles and responsibilities as invested resources to make program/project decisions
    • Justify program/project management decisions as part of problem-solving exercises
    • Develop elements of key program/project management deliverables to plan a program or project throughout its life cycle
    • Connect principles of systems engineering to monitoring and controlling a program/project
    • Interpret information in case studies, real-world scenarios, and project summaries to address an organizational need
    • Continue learning and face new challenges with after-course one-on-one instructor coaching

FPM 121 Instructor-Led Course Outline

Module 1: Introduction

  • Course Objectives
  • Integrated Case Studies
  • How to Achieve Certification

Module 2: The Integrated Project Team (IPT)

  • Snapshot of an Effective Leader
  • Stakeholder Management Plan
  • Communications Management Plan
  • Snapshot of an Effective Meeting
  • Conflict Resolution

Module 3: Justifying the Solution

  • The Project Life Cycle
  • Capability Gaps
  • Material vs. Non-Material Solutions
  • Analysis of Alternatives (AoA)
  • Common Elements of a Business Case
  • Project Initiation

Module 4: Developing Requirements

  • Why Do Projects Fail?
  • Performance-Based Requirements
  • Writing Well-Written Requirements
  • Managing Requirements
  • Traceability Matrix
  • Creating the Work Breakdown Structure (WBS)

Module 5: Planning the Acquisition

  • The Purpose of Acquisition Planning
  • Contracting Approaches
  • Acquisition Plans
  • Source Selection Plan
  • Requirements Documentation
  • Independent Government Cost Estimate (IGCE)
  • Quality Assurance Surveillance Plan (QASP)

Module 6: A Systems Engineering Approach

  • What is Systems Engineering?
  • What is Project Management?
  • What is a System?
  • The Project Manager and the Systems Engineer
  • The Systems Engineering Process
  • Risk Response Strategies
  • Testing Strategy

Module 7: Measuring Performance

  • Monitoring and Controlling Projects
  • Project Management Plans
  • Scope Management Plans
  • Schedule Management Plans
  • Cost Management Plans
  • Requirements Management Plans
  • Quality Management Plans
  • Establishing Baselines
  • Earned Value Management (EVM)

Module 8: Summary and Assessment

  • Course Summary
  • Final Assessment
  • Pursuing Certification
Course Dates - North America
Course Dates - Europe
Attendance Method
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