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

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