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Advanced Acquisition Management Course

SKU:
PMAAQM

 

Project Management training classes can
be conducted in a traditional classroom or
a virtual classroom.

Traditional Classroom Course Registration

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toll free at (888) 250-4447

Payment will be required the day before the class.

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Course Description

Advanced Acquisition Management Course

Three-Day Seminar

 

At the end of this course, participants will be better prepared to:

  • Deliver and Manage a Departmental/Agency Effort
  • Direct the Development of Concepts, Requirements and Documents Related to the Program
  • Manage the Preparation of a Program’s Management Strategy
  • Maximize the use of Performance-Based Acquisition Principles
  • Manage Team Activities in Appropriate Market Research and Acquisition of Commercial Items in Accordance with FAR Parts 10 and 12
  • Direct Requirements Baselining, Change Processes and Resourcing

Overall Class Objectives:

  • Recognize the fundamental precepts and basics of Federal Acquisition Management.
  • Recognize the diverse, interrelated, and changing nature in the different disciplines of Federal Acquisition Management.
  • Recognize the basic regulations and governing structures of Federal Acquisition Management
  • Understand the difference between project, program and portfolio management
  • Understand how PMI and Government standards complement each other

Three-day class on Advanced Acquisition Management Level III

Day 1

Lesson One – Federal Government Acquisition Policy

  • Recognize acquisition positions, acquisition career fields, as outlined by the Office of Budget and Management (OMB)
  • Recognize the three levels of certification available for federal acquisition professionals as outlined by OMB.
  • Exercise: Each student will individually determine at what level they are currently within the OMB professional structure and collectively as a group outline strategies for career development within their agencies. Each group will report on at least one career development strategy

Lesson Two – Introduction to Acquisition Management (Program Perspective)

  • Understand how Program Management supports the entire acquisition lifecycle (“cradle to grave support”)
  • Recognize the User Needs and / or Technology Opportunities activities and work content portion of the acquisition life cycle. (Recognize the need for a phased acquisition approach, the acquisition activities, milestones, phases, efforts, decision reviews, and their principle products.)
  • Recognize the need to tailor and adjust specific project and program acquisition activities to meet unique program needs.
  • Recognize the term acquisition strategy. (Recognize the terms: acquisition program baseline and acquisition strategy.)
  • Recognize the Sustainment Activity and work content portion of the acquisition life cycle. (Recognize the need for a phased acquisition approach, the acquisition activities, milestones, phases, efforts, decision reviews, and their principle products.)
  • Exercise: Within groups students will develop tailored outline acquisition strategies for at least two program scenarios provided during class. Each group will report on at least one tailored scenario.

Day 2

Lesson Three – Work Breakdown Structure (WBS)
  • Recognize a WBS as a product-oriented hierarchy and an output of the systems engineering process.
  • Recognize the WBS framework.
  • Recognize WBS's applicability throughout the acquisition life cycle and across all acquisition management disciplines (e.g., technical/risk management, contracting, financial and business management, and acquisition planning.)
  • Recognize the two types of WBS.
  • Recognize who is responsible for the development and maintenance of the two types of WBS.
  • Recognize the relationship between the two types of WBS.
  • Exercise: Within groups, students will develop a program WBS. Each group will report out on at least one program WBS.

Lesson Four – Cost Estimating

  • Define the terms:
    • Budget Authority
    • Commitment
    • Obligation
    • Expenditure
    • Outlay
  • Recognize the scope of Life-Cycle Costs (LCCs).
  • Identify the four basic cost-estimating techniques.
  • Recognize the particular limitations of each of the four cost-estimating techniques and where each roughly "fits" into the life cycle.
  • Exercise: Within groups, students will develop a program cost estimate using a project “building block” technique. Each group will report out on their cost estimates.

Lesson Five – Program Budget Execution

  • Recognize the process for allocating the Budget Authority granted by the enactment process to the services, product divisions, and program offices.
  • Recognize the major provisions of the Misappropriation Act and Anti-Deficiency Act and what they are designed to prevent.
  • Exercise: Students will be given scenarios concerning program spending and asked to determine correct action based on the Misappropriation Act and Anti-Deficiency Act

Lesson Six – Contract Management: Solicitation Planning

  • Recognize why contracts are needed.
  • Recognize the legal nature of a contract.
  • Recognize basics of the Federal Acquisition Regulation (FAR) and its Supplements as governing the contracting and procurement processes.
  • Recognize the differences in background, rules, and responsibilities between the PM and the Contracting Officer.
  • Recognize the linkage between acquisition strategy, the contracting process, and program risk.
  • Recognize the differences between sealed bidding and the negotiation methods of contracting (Optional).
  • Recognize the variants between fixed-price and cost-reimbursable type contracts (Optional).
  • Recognize the availability and flexibility of Indefinite Delivery/Indefinite Quantity contract types (Optional).
  • Exercise: Within groups, students will develop an outline acquisition strategy for a provided "needs scenario". Each group will report on their work.

Lesson Seven – Contract Management: Solicitation, Evaluation, and Award

  • Recognize the work required to develop a "contract requirements package" and the need for coherent solicitation packages.
  • Recognize the RFP development sequence, to include the development of source selection criteria before release to industry.
  • Recognize the necessity for a well-written Statement of Work (SOW) and the movement towards using performance-based solicitations.
  • Recognize the costs of contractor-furnished data and how to request contractor-furnished data in the RFP.
  • Recognize the formal source selection procedure from the receipt of the contractor's proposal.
  • Recognize the use of cost and price data in the context of determining a fair and reasonable price.
  • Exercise: Within groups, students will develop an outline SOW for the effort worked on in the previous lesson. Each group will report on their results.

Lesson Eight – Contract Management: Post-Award

  • Recognize the role of contract administration in the contracting process.
  • Recognize the relationship between the Government, prime and subcontractors as defined by the term "privity of contract."

Day 3

Lesson Nine – Earned Value Management (Level of detail determined by class length)
  • Understand Earned Value Management (EVM) concepts
  • Understand management processes associated with the EVM system guidelines
  • Understand limitations of EVM

Lesson Ten – Quality and Manufacturing Management

  • Recognize the magnitude of the fiscal commitment to a program in production and beyond.
  • Recognize Production, Quality, and Manufacturing as an integrated part of the Systems Engineering Process.
  • Recognize the 5M's (Material, Method, Machinery, Manpower, and Measurement) as they relate to designing a production program.
  • Recognize  top-level design goals for a producible product.
  • Recognize contractor's flexibility in selecting quality products.
  • Recognize the basic idea of Statistical Process Control.

Lesson Eleven – Risk Management

  • Review of risk definitions.
  • Differences between Project, Program, and Portfolio risk management.
  • Unique aspects of managing risk at the program level

Lesson Twelve – Summary and PMI Standard for Program Management

  • Overview of the PMI certification process.
  • Differences between the PMI Project, Program, and Portfolio Standards.
  • Unique aspects of Program Management Standard
  • PMI’s Government and DOD Supplement to the PMBOK®
  • Applicability of the PMI’s standards to government agencies

Lesson A – Systems Engineering (Optional Module)

  • Understand the need for thorough systems engineering planning as a prerequisite to successful technical development.
  • Summarize the various technical activities that are undertaken while engineering a complex system.
  • Identify the management processes used to ensure that the technical activities lead to the desired outcomes.
  • Recognize the various visual models that are in common use today to describe and recall the process of engineering systems.

Lesson B – Acquisition Logistics (Optional)

  • How supportability affects system life-cycle costs.
  • The relationship between logistics and reliability, availability, and maintainability (RAM).
  • How accomplishing supportability objectives helps ensure cost-effective support, provide necessary infrastructure, and meet system readiness requirements.

Lesson C – Software Acquisition (Optional Module)

  • Recognize the major components of a computer and the languages it uses to interface with itself, and the language we use to interface with it.
  • Recognize the recent, rapid growth in software-intensive systems.
  • Recognize a software-intensive system.
  • Recognize the major provisions of the Information Technology Management Reform Act (ITMRA) contained in the Clinger-Cohen Act of 1996.
  • Recognize a software item (SI) and how it functions as a building block of software.
  • Recognize the software development model.
  • Recognize how solid requirements analysis and comprehensive testing are the marks of an effective software development program.
  • Recognize categories of software metrics.
  • Recognize the fiscal impact of Software Support.
  • Recognize software "best practices" that are the hallmarks of a well-managed software project.

* “PMP, CAPM, PMBOK" are registered certification marks of the Project Management Institute, Inc.

 



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