Target Audience: This course is for intermediate-level personnel in positions supporting DoD weapons systems and various aspects of business and financial management throughout the life cycle of a system.

Prerequisite(s): Required: BCF 221, Intermediate Financial Management Concepts

Duration: 5 days

Learning Objectives

■ Identify cost-schedule-performance tradeoffs in light of Cost as an Independent Variable (CAIV) given a Capability Production Document (CPD), an Acquisition Program Baseline (APB), and Acquisition Strategy in a team role-play scenario.

■ Develop a Component Cost Position given a Cost Analysis Requirements Description (CARD), Program Office Estimate (POE), and a Component Cost Analysis (CCA).

■ Apply escalation indices and basic funding policies to build a program budget given a scenario, program documentation, and an electronic spreadsheet.

■ Perform impact analysis and prepare responses required to achieve full funding for the program in the Future Years Defense Program (FYDP) given prepared program information (master plan/schedule, program budget, acquisition strategy), Program Issues and a service's preparation of the Program and Budget submission.

■ Prepare program budget exhibits for procurement (P-5, P-5A, P-21, P-40 forms) and RDT&E (R-2, R-2a, R-3 and R-4 forms) given program information (master plan/schedule, program budget, acquisition strategy), a service Program Decision, a published budget call letter, Financial Management Regulation (FMR) budget exhibit preparation instructions, current "fact of life" program execution information, and prior year budget exhibits

■ Develop responses as required for comptroller/budget analyst advance questions, budget hearings, and Resource Management Decisions (RMDs), given a scenario and prepared program budget exhibits.

■ Determine the best outcome given various congressional situations.

■ Evaluate Earned Value Management (EVM) information to program performance, trend analysis, budget impact, and program documentation given a scenario, program documentation, cost data, and computer support.

■ Prepare a request for reprogramming given a scenario and funds management documentation.

■ Assess program execution funds status given a scenario, funds management documentation, and /or reports.

■ Assess the impact of expired and canceled funds given a scenario

■ Assess the propriety of funds given a scenario.