FPM 233: Applications in Business, Cost & Financial Management Course

Module 1: Business Cases

• Frame mission need, alternatives, and benefits with clear assumptions.
• Perform benefit-cost analysis and define decision criteria.
• Present a defensible value proposition.

Module 2: Cost Estimating

• Select estimating methods (analogy, parametric, or build-up) and justify the Basis of Estimate (BOE).
• Quantify uncertainty and risk; produce ranges and confidence levels.
• Integrate estimates into time-phased budgets.

Module 3: Federal Budgeting

• Navigate formulation, enactment, and execution timelines.
• Align obligation plans with appropriations and fiscal controls.
• Communicate funding impacts to stakeholders.

Module 4: Using Earned Value Management (EVM)

• Interpret Schedule Performance Index (SPI), Cost Performance Index (CPI), and trend indicators to forecast outcomes.
• Diagnose variance drivers and propose corrective actions.
• Link EVM insights to replanning or rebaselining activities.

Module 5: Putting It All Together

• Capstone scenario integrating business case, estimating, budgeting, and EVM.
• Build an on-the-job (OTJ) action plan to mature financial discipline.