| GAO Cost Guide - Best Practice / Audit Criteria Overview |
One Day Training |
| Designed for: all involved in planning, reviewing or approving program plans, cost estimates, business cases and budget documentation for government programs. |
In-person, Class-room format, coming online |
| Keywords - GAO, Cost estimating, Analysis, Audit, Standards, EVM, E300, Risk |
Credit: 8 CLUs |
| Learning Objectives |
- Course is designed to provide FAC / P-PM Level 2 Proficiency for "Business, Cost Estimating & Financial Managment"
- This course is designed to benefit Federal Government employees as well as their support Contractors
- Understand GAO objectives for its Cost Estimating and Assessment Guide
- Understand the structure of the Guide and locate best practice criteria within it
- Review key case studies and findings GAO used to prioritize best practices
- Understand the cost estimating process and linkages between activities
- Understand and Compare the options and considerations for estimating methods
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| Content / Agenda |
- Cost Guide Objectives and Structure
- GAO's approach - audit evidence, extensive research, industry expert reviews
- The Case Study approach
- Characteristics of credible cost estimates and a reliable process for creating them
- Whay cost estimates are required for Government programs and challenges in developing credible results
- Criteria for cost estimating, earned value management and data reliability
- Cost analysis overview
- Selected practical interactive exercises
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| Course Instructor |
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Bill Mathis, President CPIC Solutions, Federal CPIC Forum Board of Advisors, GAO Cost Guide Expert Panel Member and GAO Cost Guide Contributor |
| Mr. Mathis developed the materials and will lead this Professional Development event. Bill has over 25 years experience in program and portfolio cost, schedule, performance and risk management experience developed through service to numerous government and commercial customers worldwide. Bill is regularly asked to speak on a range of topics related to CPIC management processes and techniques at government and industry leadership forums. He was one of the Founding Members of the Federal CPIC Forum and is also an active advisor to the Government Accountability Office in the development of the Cost Estimating and Assessment Guide (GAO-09-3SP). |
