DEFM305 - Acquisition Business Management

After successfully completing this course, students will fulfill the following Learning Objectives (LO):

LO-1 Describe the major legislation acts that affect contracting and acquisitions

LO-2 Describe several historical legislative acts that have institutionalized better business practices within the DoD acquisition community

LO-3 Describe the roles & responsibilities of the Executive Branch, Congress, and defense industry in Defense Acquisition and where defense acquisition authority is derived

LO-4 Define the role of the acquisition workforce in the military capability areas: DOTMLPF

LO-5 Define Acquisitions Management (within the DoD), and where management fits into the acquisition process

LO-6 Explain both the military and civilian Acquisition Authority Chain and why interoperability is important in the acquisition community

LO-7 Explain the concept of “Cost Estimating” within the acquisition community Explain the defense budget structure by appropriations title, force program, and component

LO-8 Explain important defense budget terms, such as Budget Authority, outlays, and obligations

LO-9 Define the concept of “Earned Value Analysis” within the acquisition community

LO-10 Describe both the 4 phases of the resource allocation process & the on/off-year cycle process

LO-11 Describe the overall PPBE process to include the DoD’s Planning, Programming, and Budgeting System (PPBS)

LO-12 Describe the Congressional defense budget process from the concurrent budget resolution through the defense authorizations and appropriations processes

LO-13 Describe the various types of procurement fraud and how to manage fraud

LO-14 Define the basic principles of ethics as it pertains to the acquisitions field

LO-15 Describe the major sources of procurement standards and garner an understanding of the Procurement Integrity Act