GAO Best Practice
GAO-104
GAO Cost Guide – Managing and Maintaining Cost Estimates
Pre-requisite(s):
GAO-103
Qualification Earned:
Certificate and Continuing Education Credit
In-class Duration:
1 day
Description
Awareness overview of GAO standards for managing and maintaining validity and utility of life-cycle and program segment cost estimates through techniques including Earned Value Management reporting or similar cost forecasting techniques.
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 the processes recommended for maintaining effective integration of EVM with the cost estimating processes. 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
General objectives of earned value management. The EVM process. Baseline planning and the integrated baseline review. EVM status updates and variance analysis processes. EVM reporting to the Government and independent validation of contractor estimates at completion. Linking cost estimating to EVM analysis. Baseline change management and extraordinary baseline situations.
Course Format(s)
Executive format | Basic Concepts | Application and Analysis | Potential for Virtual |
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null | ✔ | null | ✔ |
FAQ and Standard Pricing
Can this course be bundled with other related courses?
With all of the GAO-101-104 series.