Business, Cost Estimating, and Financial Management

Presented by

Ms. Sharon Jackson

September 14, 2007

DoD AT&L Workforce

Career Fields (14) ArmyNavy/ USMC

Air Force Other DoD Total

Program Management 4,916 7,101 3,958 726 16,701

Contracting 1 0,499 5,629 7,521 6,302 29,951

Business, Cost Estimating,

Financial Management 4,171 1,716 1,503 218 7,608

Life Cycle Logistics 6,319 4,154 1,781 76 12,330

Evaluation & Test /SPRDE 19,030 22,051 10,306 5,134 56,521

Other Career Fields 508 0 6 4,617 5,131

Total 45,443 40,651 25,075 17,073 128,242

BCEFM Career Field

This career field encompasses all aspects of Business and Financial Management.

− 0343 Management and Program Analyst− 0501 Financial Administrator− 0505 Financial Program Specialist− 0510 Accountant− 0560 Budget Analyst− 1101 Business and Industry Specialist− 1515 Operations Research Analyst

BCEFM Curriculum

Focus of course material:- Cost Analysis- Earned Value Management- Program Analysis/Budget Analysis- Financial Planning- Formulating Programs- Budgeting- Execution

(M) BCF301Business, Cost

Estimating, Financial Manager’s Workshop

(9 days in class)

Level ICertificatio

n

Business, Cost Estimating, and Financial Management Career Training Track

(M) ACQ101Fundamentals

of Systems Acquisition

Management(On Line)

(M) ACQ201A/B

Intermediate Systems

Acquisition Course

(On Line + 5 days in class)

Plus(M) One ofBCF 203 (EVM)

(10 days in class)

BCF204 (Cost)(15 days in class)BCF211(BFM)

(A =20 hours on line

B = 5 days in class)

(M) Complete two in BCEFM

-BCF101 (Cost)

(10 days in class) or-BCF102

(EVM)(20 hours On

line) or - BCF103 (BFM)

(30 hours On line )

(M) BCF205

ContractorBusinessStrategies

(3.5 days in class)

Level IIICertification

Level IICertification

(M) Complete one in BCEFM- BCF101 (Cost) or- BCF102 (EVM or- BCF103 (BFM)

Case/scenario based GS 13 - 14 O4 - O5

Assignment Specific or Other Acquisition Training - BCF 206: Cost Risk Analysis - BCF 208: Software Cost Estimating - BCF 215: Operating and Support Analysis - BCF 207: Economic Analysis - BCF 209/229: Acquisition Reporting Course

CoreAcquisition Certification

Common Foundation,Knowledge,And Skills

“Plus” or job competencypoint-of-need

training (frequently CLMs)

Career Field foundation

knowledge and skills

Common acquisition foundation

knowledge and skills

What is Core Plus?

FY08 BCEFM Level ICore Plus Framework

Acquisition Logistics &

Sustainment Tracks

Acquisition & Functional Core

DAWIA Certification Standards

Tailored Cross-Functional “Plus” Training, Education &

Experience Opportunities

Three Level Certification Framework

Business, Cost Estimating, and Financial Management (Entry) Level I

Type of Assignment Representative Activities

Budget/Program/FM Analyst Applies basic concepts of budget and program principles, policies, procedures, concepts, standards and

terminology, and a general knowledge of the financial management and business operation systems. Possesses a basic knowledge of acquisition. Recognizes the life cycle process of an acquisition program.

CE Analyst Relates the processes of life cycle cost estimating within the context of materiel system acquisition in the Department of Defense.

EVM Analyst Relates earned value management to acquisition and financial management associated processes. Identifies DoD and DFAR earned value contractual requirements. Calculates simple EVM metrics from EVM data.

Core Certification Standards 1

Acquisition Training 2 ACQ 101: Fundamentals of Systems Acquisition Management

Functional Training 2

Complete two of the following courses: BCF 101: Fundamentals of Cost Analysis CR BCF 102: Fundamentals of Earned Value Management BCF 103: Fundamentals of Business Financial Management

Education Formal education not required for certification. Experience 1 year of acquisition experience in business, cost estimating, earned value, and/ or financial management

Core Plus Development Guide 3 Type of Assignment

Training 2 Bud/Program/FM Analyst CE Analyst EVM Analyst

CLB 001: Business Management Modernization Program X X CLB 007: Cost Analysis X X CLB 012: Cost as an Independent Variable X X X CLB 014: Acquisition Reporting Concepts and Policy Requirements for APB, DAES, and SAR X X X CLB 016: Introduction to Earned Value Management X X X CLC 024: Basic Math Tutorial X CLM 016: Cost Estimating X

Education Associate in Applied Science (A.A.S) or equivalent in business, business related field

Experience 1 additional year of acquisition experience in business, cost estimating, earned value, and/or financial management in support of an acquisition program

1 These Standards list the training, education and experience required for certification at this level. 2 A “CR” following a course title indicates the course is delivered as resident based instruction. 3 When preparing your IDP, you and your supervisor should consider the training, education and experience listed in this Core Plus Developmental Guide if not already completed.

BCF 101 Fundamentals of Cost Analysis

Introduce techniques used for preparing life-cycle cost estimates.

• Analogy estimates• Parametric estimating• Improvement curves• Inflation risk• Economic analysis• Software cost estimating

Logistics Core PlusLevel I Certification

BCF 102 Fundamentals of

Earned Value Management

Emphasizes the processes related to:

• Performance Measurement Baseline (PMB)

• Integrated Baseline Review (IRB)

• American National Standards Institute (ANSI) for EVM Systems

Logistics Core PlusLevel I Certification

CLB 007 Cost Analysis

Focus on the basic cost analysis process.• Define various financial management terms.• Determine when various cost estimates are

required.• Determine what estimating methodology is most

appropriate.• Determine what cost data is of interest to various

program stakeholders.Logistics Core PlusLevel I Certification

CLB 009Planning, Programming, Budgeting and Execution

Identify the inter-relationship between the PPBE process and the Defense Acquisition System process.

Identify the purpose, content and dimensions of the Future Years Defense Program (FYDP).

Logistics Core PlusLevel I Certification

CLB 012Cost as an Independent Variable

Describe CAIV activities and related risk management to CAIV.

Apply basic CAIV principals throughout the life cycle and related Total Ownership Cost (TOC).

Logistics Core PlusLevel I Certification

BCF 211Acquisition Business Management

Prepare, justify, and defend budget exhibits and obligation/expenditure plans.

Formulate impact/reclama statements and reports.

Develop and defend business aspects of the acquisition and PPBE cycle. Logistics Core Plus

Level II Certification

CLB 011Budget Policy

Focus on major appropriation categories and associated budget policies.

Identify the most appropriate time-phased budget estimate to a given situation.

Logistics Core PlusLevel III Certification

CLB 016Introduction to Earned Value Management

Introduction to EVM related laws and how the Office of Management and Budget has implemented these laws.

Recognize how work scope, schedule and resources are combined to establish the EVM Performance Measurement Baseline.

Introduction to the five independent Earned Value variables and the three most common EVM metrics.

Logistics Core PlusLevel III Certification