GAO Best Practice
GAO-203
GAO Schedule Guide – Schedule Risk Analysis
Pre-requisite(s):
GAO-202
Qualification Earned:
Certificate and Continuing Education Credit
In-class Duration:
1 day
Description
Awareness overview of GAO standards and best practices for applying risk assessment and analysis to a project schedule to serve as the basis for risk-adjusted schedule management and improved probability for successful project results.
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 structuring and developing a program schedule risk analysis. This course is designed to provide organizations facing upcoming audits to benefit from direct experience in the GAO Schedule Guide Expert Meetings attended regularly since 2009
Key Things You Will Learn
Definition of Schedule Risk Analysis. Schedule uncertainty and risk. Tendencies to build in risk through optimism. The SRA process explained. Prioritizing risks to support mitigation and corrective action. Applying contingency in the critical path schedules. Brief overview of Critical Chain Planning Method (CCPM) and buffers. Brief look at Vectorized Event Scheduling Technique (VEST) and buffering in VEST.
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 all of the GAO-201-204 series