FPM 331 Training: Progressive Concepts in Program Management

Course Outline

An Integrated Master Plan is key to successfully managing large-scale government projects. Through a complex case study in this FAC-P/PM FPM 331 certification training course, you gain the skills to coordinate the development of, oversee, evaluate and critique a systems engineering approach, Integrated Master Plan, and Integrated Master Schedule.

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

FPM 331 Training: Progressive Concepts in Program Management Benefits

In this FPM 331 course, you will:
- Conduct total life cycle management for government projects using an Integrated Master Plan (IMP) and an Integrated Master Schedule (IMS).
- Manage and evaluate decision analysis methods, systems engineering processes, and a complex requirements development process.
- Direct and estimate Total Cost of Ownership (TCO).
- Establish a risk, threats, and opportunities management process.
Prerequisites

Four years of program or project management experience, which shall include a minimum of one year of experience on Federal programs and projects within the last ten years.
Certification Information

FAC-P/PM certification is awarded at the agency level, and requirements vary by agency.

Progressive Concepts in Program Management Course Outline

Module 1: Core Project Management Processes

The Integrated Master Plan (IMP) and Integrated Master Schedule (IMS)

Overseeing the Work Breakdown Structure (WBS)
Creating cost-estimation metrics
The role of earned value management
Cost, schedule, and performance trade-offs
Performing technical reviews

Tools for evaluating the IMP and IMS

Applying work-loading methods
Benefiting from project management software

Module 2: Estimating Total Cost of Ownership

Estimating techniques

Recognizing the “Cone of Uncertainty”
Making decisions using the Life Cycle Cost Estimate

Cost-benefit trade-offs

The Government Accounting Office (GAO) 12-step best practice model
Documenting the relationship between interrelated budgets and cost terms

Module 3: Managing Risks and Opportunities

Identifying risks

Recognizing potential risks and threats
Evaluating responses

Analyzing risks and opportunities

Strategies for mitigating risk
Maximizing opportunities

Module 4: Monitoring and Controlling Risks

Integrating risks into the management plan

Assessing risk in the real world
Employing the risk management process

Qualitative and quantitative risk assessment

Ranking the probability and impact of risk
Questioning acceptable and unacceptable risk

Working with risk management software

Demystifying simulation tools
Generating risk analysis results

Module 5: Leading the Development of a Program’s Systems Engineering

Reviewing systems engineering approaches

Implementing systems engineering methodology
Evaluating processes and approaches
Establishing configuration management
Managing technical data and interface issues

Developing requirements

Transferring a functional diagram into a physical architecture
Analyzing trade studies
Balancing independent variable costs
Building traceability matrices

Module 6: Reviewing Requirements

Requirements analysis

Clarifying requirements by focus
Classifying requirements by type
Prioritizing requirements

Defining traceability and design

Writing the traceability matrix
Documenting change requests
Selecting a design

Module 7: Testing and Evaluation Processes

Managing a test and evaluation program

Charting the potential cost of inadequate testing
Incorporating verification and validation
Selecting the integrated product team

Critiquing a realistic or operational test

Categorizing the test/verification tools
Testing documents vs. testing process

Module 8: Applying Acquisition Principles to Contracting

Reviewing contract types to determine the risks/rewards
Aligning negotiation stages for procurement
Handling contract management issues
Recognizing staffing issues on sizable contract awards
Evaluating government-furnished equipment