GAO Best Practice
GAO-101
GAO Cost Guide Fundamentals and Best Practices
Pre-requisite(s):
None
Qualification Earned:
Certificate and Continuing Education Credit
In-class Duration:
1 day
Description
Awareness overview of the objectives, background and content of the GAO Cost Estimating and Assessment Guide ( GAO-09-3sp). Attendees will gain an awareness of the Case Studies used to develop the gap analysis that led to definition of new audit criteria and organization maturity scales for cost credibility. Practitioner topics include:
Best Practice / Audit Criteria
Point cost estimates
Risk-adjusted cost estimates
Managing and Maintaining Cost Estimates
Designed for Audience(s)
Engineers, business analysts, systems analysts and similar professionals wanting better understanding of the requirements and impact of the GAO Cost Estimating and Assessment guide on their organization. This module addresses criteria developed by GAO for “grading” cost estimates and the nature of the case study work that formed the foundation of the guide. This course is designed to provide organizations facing upcoming audits to benefit from direct experience in the GAO Expert Meetings attended regularly since 2005
Key Things You Will Learn
Criteria for effective estimates. Types of cost estimates and cost analysis. Qualifications and make-up of the cost estimating team. Best practice guidelines for WBS, and technical baseline description.
Course Format(s)
Executive format | Basic Concepts | Application and Analysis | Potential for Virtual |
|---|---|---|---|
null | ✔ | null | ✔ |
FAQ and Standard Pricing
Can this course be bundled with other related courses?
With GAO-102 or with all of the GAO-101-104 series.