Course

Course Summary
Credit Type:
Course
ACE ID:
CDSE-0030
Organization's ID:
ED 505
Organization:
Center for Development of Security Excellence
Location:
Classroom-based
Length:
16 weeks (35 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Graduate 3 Budgeting
Description

Objective:

The course objective is to develop a DoD financial and budgeting process across the full life cycle of a program to improve decision making, enhance financial monitoring and performance, lead and evaluate resource tradeoff decisions, articulate the return on investment of security systems and investments, comply with DoD ethics and financial management policies, and provide the greatest security value for the cost.

Learning Outcomes:

  • Analyze the financial environment (in the areas of process flow, decision emphasis at each level, key participants, milestones, targets, and financial analysis
  • Military services, agencies, and combatant commands
  • Evaluate the security system acquisition's planning and budgeting, as well as new security program or investment initiative
  • Create/predict challenges and issues in the funding of Department of Defense security programs, including areas such as sequestration, declining budgets, continuing resolutions, defense business transformation, cyber threats, planning, programming, budge
  • Analyze the financial management environment of the Department of Defense (to include proper management of security programs within the acquisition and financial system, and the financial principles of government and industry)
  • Political demands from Congress, the Administration, and Department of Defense)
  • Analyze the current Department of Defense and Congressional budget, authorization, and appropriation process (including continuing resolutions and other financial manipulations) on security programs, to include current year, budget year, and out-years
  • Evaluate the security program's cost, schedule, budget objectives, and the current existing condition
  • Evaluate a security program's primary ethics and compliance requirements for financial and contract management, such as, the Federal Acquisition Regulation (FAR), contractor relationships, sharing of cost, and pricing data
  • Create/develop a security program budget (to include the pros and cons for different budget development approaches such as line item, performance-based, zero-based/bottom up/WBS, program/top down, roll over, and historical results
  • Develop from a model
  • Establish the value and return on investment)
  • Create/adapt program changes in the amount, timing, or type of program/project funding, and propose alternate sources of suitable funding to support current or future security program requirements

General Topics:

  • Financial management
  • Financial environment
  • Understanding DoD 'Money'
  • Financial metrics
  • Security system acquisition
  • Contract financial management
  • Budgeting
  • Building an example budget
  • Security return on investment
  • Coping with change
  • Security program requirements and financial systems
  • Responding to GAO and other auditors
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Discussion
  • Learner Presentations
  • Practical Exercises

Methods of Assessment:

  • Case Studies
  • Examinations
  • Performance Rubrics (Checklists)
  • Presentations
  • Written Papers

Minimum Passing Score:

80%
Supplemental Materials