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