Financial management necessary to integrate program resources

DOE-STD-1159-2003

Discuss the purpose of Executive Order 12856, Federal Compliance with Right-to-

Know laws and Pollution Prevention Requirements.

Discuss the purpose of Executive Order 13101, Greening Government through

Waste Prevention, Recycling, and Federal Acquisition.

Discuss how the Pollution Prevention Act applies to and impacts Department waste

management programs.

Identify the requirements contained in the Pollution Prevention Act that apply to

waste management.

49. Waste management personnel shall demonstrate a working level knowledge of

financial management necessary to integrate program resources and apply those

resources to meet project commitments as described in Department of Energy (DOE)

Guide 430.1-1, Life Cycle Asset Management.

Supporting Knowledge and/or Skills

Define the term "Work Breakdown Structure" and discuss the process for developing

one.

Define and compare the terms "cost estimate" and "budget."

Describe the process for preparing cost estimates and budgets.

Describe and compare labor and non-labor costs.

Describe and compare direct and indirect costs.

Discuss methods of reducing indirect costs.

Discuss the importance of determining the measure for work performed before work

starts.

Describe methods for measuring work performed.

Discuss schedule and cost variance.

Given actual project management documentation and data, identify budgeted cost of

work scheduled, budgeted cost of work performed, actual cost of work performed,

and determine the schedule variance and cost variance.

Describe the types of Earned Value and how they are measured.

Explain what is meant by the term "baseline" as it relates to project management.

Describe the types of data required to forecast cost and schedule performance.

Define the term "Life Cycle Cost Estimate."

Given sample data, calculate "Life Cycle Cost Estimate."