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Basic AcquisitionS



Overview | Topics | Learn How To | Dates & Locations | Hours

Overview

This three-day course is designed to provide program and project managers with a comprehensive introduction to -- and understanding of -- the concepts of basic acquisition, including government-wide and agency-specific rules, regulations, and procedures.  Attendees gain an understanding of the factors that influence cost, schedule, performance, and the use of market research to define acquisition strategies, including requirements development.  Performance-Based Acquisition and fundamental financial principles will also be examined.

The course is taught using  a combination of lecture, case studies, and group exercises that will give students an opportunity to discuss and analyze the concepts presented and apply them to their own work environments.

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TOPICS

Introduction to Federal Acquisition 

    • Federal Acquisition Law and Regulations
    • Roles and Responsibilities 
    • The Acquisition Process

Scope, Cost and Schedule Considerations

    • Developing an Acquisition Strategy
    • Integrated Master Plans and Schedules
    • Cost Estimating Methodologies
    • Contract Modifications, Changes and Delays

Improving Performance Outcomes

    • Performance-based Acquisition Overview
    • Developing Solid Requirements 
    • Market Research Techniques
    • Effective Communication
    • Contractor Oversight
    • Handling Unsatisfactory Performance
    • Delivery and Inspection

Fundamental Financial Principles 

    • The Budget Process
    • Invoicing and Payment
    • Cost Principles
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LEARN HOW TO....

At the conclusion of the course students will be able to:

    • Apply the proper regulations when conducting acquisition functions
    • Understand the roles and responsibilities of acquisition team members
    • Explain the requirements development process
    • Demonstrate appropriate market research and source selection techniques
    • Utilize project scope, cost and scheduling methodologies to improve performance outcomes
    • Manage the contract administration process from pre-award to post-award
    • Relate basic financial concepts to acquisition functions
    • Understand the impact of recent acquisition regulation changes on their day-to-day functions
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    Dates & Locations

    Dates Location Register

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    Hours

    8:30 AM–3:30 PM All three days
    Breakfast and registration open at 8:00 AM.

    This course is recommended for 16.5 Continuous Learning Points (CLPs). It also offers 1.7 Continuing Education Units (CEU). A Federal Contracting Institute® certificate of completion will be provided to all attendees upon conclusion of the class.

    View our registration policies.

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