FPM 132: Fundamentals of Contracting

Description

This course provides the foundation for basic concepts required by the Contracting Competency and fundamentals needed to effectively manage Federal contracts and acquisitions and satisfies the contracting performance outcomes necessary for the Federal Acquisition Certification for Program and Project Managers (FAC-P/PM) at the entry level.

Program and Project Managers (P/PMs) are required to have a thorough understanding of federal contracting actions and the policies that apply to the acquisition process. This course is an introduction to federal contracting and focuses on the different phases of the acquisition life cycle

Learning Objectives

• Illustrate how the Federal Acquisition Process and the interrelationship of Governance, Budgeting and Requirements
• Introduce the general Lifecycle Model for acquiring products and services
• The importance of Systems Engineering as the basis of project success
• How to development a risk informed Integrated Master Plan based on needed capabilities and the Integrated Master Schedule for delivering those capabilities
• How to develop a Test & Evaluation Master Plan (TEMP) and execute that plan
• How to develop the Operational Test and Evaluation (OT&E) plan once the product or service is ready to move into the Operation phase of the project

The course introduces and explains the foundation of contracting success ‒ things that must be done “right” to have a successful contracting process. The student will learn how to:

• Acquire supplies and services related to IT, Construction, and Research and Development projects
• Understanding and working within the requirements of the Federal Acquisition Regulation (FAR) Parts 1-14
• Implementing the 9 things you must do “right” to have a successful contracting process.

Course Details

• Course Length –3 days
• Graded Materials Include: Attendance of all Instructional Hours, Participation, and Course Exercises, Culminating Assessment
• Pre-course work Required: None

*It is recommended that FAC-P/PM courses are taken in order.