COR-440 : FAC-COR Refresher

FAC-COR+ Program

COR-440   |   5 Days (40 Hrs.)

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On-Site Training

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This unique course serves to both refresh and extend the Contracting Officer’s Representative’s (COR’s) acquisition and project management skills by combining a comprehensive recap of key FAC-COR concepts with a series of hands-on, exercise- and case-based lessons.

Course Overview

Educational Focus

Students broaden their existing knowledge each day by reviewing key COR concepts to be covered that day, and focus the majority of their class time on hands-on, experiential cases, scenarios, or other exercises.

This allows students to reinforce the technical knowledge they already possess, to build on that knowledge by combining it with new information, and to practice its implementation via engaging, real-world simulations.

Covering all 26 major FAC-COR Competencies, this course solidifies the experienced COR’s foundational skills and extends the COR’s capabilities, so that he or she returns to the workplace ready to make an immediate impact managing his or her contractors and supporting his or her Contracting Officer.

ALTA Learning Methodology

In addition to lecture and Q&A, this class provides a true adult learning experience by utilizing various other teaching modalities:

  • Students engage in team-based case activities throughout the course, allowing them to experience the application of new concepts and knowledge in a controlled environment.
  • Students practice the skills they are learning throughout the course through the use of various hands-on Exercises.
  • Students demonstrate their knowledge by creating and presenting personalized end-of-class Action Plans, which provide a structured path to quickly transfer classroom concepts to their work environments.

Who Should Attend

  • Those who have COR Level II or III and who need 40 hours of FAC-COR CLP credits.

Competencies Addressed

FAC-COR Competencies

This course covers all 26 Competencies in detail.

Professional Business Competencies Included Technical Competencies Included
1. Attention to Detail checked 1. Acquisition Planning checked
2. Decision-Making checked 2. Market Research (Understanding the Marketplace) checked
3. Flexibility checked 3. Defining Government Requirements checked
4. Influencing / Negotiating checked 4. Effective Pre-Award Communication checked
5. Integrity / Honesty checked 5. Proposal Evaluation checked
6. Interpersonal Skills checked 6. Contract Negotiation checked
7. Oral communication checked 7. Contract Administration Management checked
8. Planning and Evaluating checked 8. Effective Inspection & Acceptance checked
9. Problem Solving checked 9. Contract Quality Assurance & Evaluation checked
10. Project Management checked 10. Contract Closeout checked
11. Reasoning checked 11. Contract Reporting checked
12. Self-Management / Initiative checked 12. Business Acumen & Communication checked
13. Teamwork checked    
14. Writing checked    

Course Topics & Modules

  • I. Introduction
    • Why are We Here?
    • FAC-P/PM Competencies
    • Individual introductions and expectations
  • II. Overview of General Business Competencies and Aligned Skills for CORs
  • III. Overview of Technical Competencies and Aligned Skills for CORs
  • IV. Overview of Performance-Based Acquisition (PBA)
    • Explain the objectives of PBA
    • Review Documents used in PBA
    • Manage 7 steps to effective PBA
  • Legal Foundations for Government Contracting
    • Definitions and key terms
    • Procurement integrity mandates
    • CASE STUDY: Evaluate a potential violation relating to disclosure of source selection-sensitive information, and propose remedies.
  • VI. Basic Contracting Activities

    Nine things you must do “right” to have an effective contracting process:

    • # 1 and #2: Have the “right” kind of money at the “right” time (discussed in PPM-303);
    • #3 through #9 will be discussed in depth, as described in the outline that follows.
  • VII. #3 -- The “right” Requirement (“Doing the right thing”)
    • Define Key Performance Parameters, Thresholds, and Objectives
    • Perform Market Research
    • Write Statement of Work, PWS, SOO
    • Prepare solicitation
    • Amending / Canceling solicitations
    • Understand attributes of well-defined requirements
  • VIII. Acquisition Planning per FAR Part 7 (Doing things the “right” way)
    • Acquisition background and objectives
    • Plan of Action
    • Other acquisition planning concerns of the COR
      • A. Documenting the source
      • B. Methods of payment
      • C. Contract financing
      • D. Unpriced contracts
      • E. Recurring requirements
      • F. Pricing arrangements
      • G. Compliance with FAR guidelines
      • H. Strategic planning
  • IX. Understand Core Project Management Concepts and Skills
    • Work Breakdown Structure
    • Network Schedule
    • Estimating Cost and Time
    • Risk Management
    • Performance Measurement Baseline
    • Earned Value Management System
    • CASE STUDY: Create a Work Breakdown Structure, Network Schedule, and Cost and Time Estimates from given case.
  • X. #4 – Structure the Right Type of Competition
    • Full and Open competition
    • Full and Open competition after exclusion of sources (set-asides)
    • Other than Full and Open competition
  • XI. #5 – Choose the Right Contracting Method
    • Commercial contracts (FAR Part 12)
    • Simplified Acquisitions (FAR Part 13)
    • Sealed Bid (FAR Part 14)
    • Competitive Negotiation (FAR Part 15)
    • Reverse Auction
    • Sole Source (FAR Part 6)
  • XII. #6 – Select the Right Contractor
    • Pre-Quote /-Bid / -Proposal /conference
    • Determining the Competitive Range
    • Responsive and Responsible offerors
    • Exchanges (communications) with offerors
    • Proposal evaluation (scoring the proposals to determine “Best Value”)
    • CASE: Recommend to Source Selection Authority which source to select, based on student evaluations of vendor responses to given requirements. Evaluate sources on basis of both Low Bidder and Best Value
  • XIII. #7 – Determine the Right Price
    • Price analysis
    • Cost (and profit) analysis
    • Certified Cost or Pricing Data
  • XIV. Negotiate Effectively
    • Objectives
    • Process
    • Achieving Win-Win solutions
  • XV. #8 – Arrange the Right Type of Contract (pricing arrangement)
    • Characteristics of Cost Reimbursement and Fixed-Price contracts
    • Different variants of Cost Reimbursement and Fixed-Price contracts
    • Importance of Choosing the Right Type of Contract
    • Factors in selecting the “right” type of contract
    • Risk distribution of different types of contracts
    • Different types of Incentive Contracts and how they work (FPIF, CPIF, CPAF, FPAF, CPAT, T&M)
    • Choosing the right incentives and the amount of incentive to offer
  • XVI. #9 – Enforce the Right Type of Contract Management (post-award COR activities)
    • Contract Administration (FAR Part 42)
    • Contract Modifications (FAR Part 43)
    • Subcontract Management (FAR Part 44)
    • Quality Assurance (FAR Part 46)
    • Value Engineering (FAR Part 48)
    • Terminations (FAR Part 49)
    • Specialized Requirements
  • XVII. Monitor Performance: Earned Value Reporting and Analysis
    • Prerequisites for effective EVM
      • A. Effective planning system (including good cost and schedule estimating)
      • B. Effective cost accounting system
      • C. Effective project control system (including timely and accurate work status)
    • Earned Value Calculations and analysis
  • XVIII. Individual Action Plan Presentation and Discussion
    • Finalize individual Action Plans
    • Present and discuss Action Plans within student work groups

Training Hours/Credits Earned

Standard Class Hours
8:00 a.m. to 4:30 p.m.

Credits Earned40 CLPs
40 CLPs
4.0 CEUs

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