COR-240 : FAC-COR+ Level II

FAC-COR+ Program FAC-COR+ Level II

COR-240   |   5 Days (40 Hrs.)

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On-Site Training

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Designed for professionals earning their FAC-COR Level II certifications, our FAI-verified COR-240: FAC-COR+ Level II provides students with comprehensive FAC-COR training PLUS credit for 25% of their Mid-level FAC-P/PM certifications.

Course Overview

Educational Focus

This unique course provides the Contracting Officer Representative (COR) candidate with comprehensive, hands-on training covering all of the major acquisition and project management challenges he or she will encounter as a COR, including:

  • Instruction that meets all 26 Competencies required by OFPP / FAI for FAC-COR Level II certification PLUS the Contracting competency required for FAC-P/PM certification at the Mid-level. This represents 25% of the total training required for Mid-level FAC-P/PM certification.
  • Knowledge of the performance challenges that a COR will encounter in his or her day-to-day job. Specific topics address the acquisition of supplies and services, construction, and research and development, and include the following concepts:
    • Acquisition Planning (including Performance-based considerations & Market Research)
    • Cost and Price Analysis
    • Solicitation and Selection of Sources
    • Preparation, Negotiation, and Award of Contracts
    • All phases of Contract Administration, including Inspection and Acceptance
    • Core Project Management Concepts and Skills
    • Introduction to Earned Value Management metrics and analytics
    • Understanding and implementing the unique requirements of FAR Parts 1-16

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 use an extensive self-assessment tool throughout class to determine personal and organizational strengths and weaknesses.
  • Students practice the skills they are learning throughout the course through the use of various experiential, 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 with one (1) year of previous COR experience

Competencies Addressed

FAC-COR Competencies

The FAC-COR+ Level II course comprehensively covers all 26 required FAC-COR Competencies.

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    

FAC-P/PM Competencies

This course covers all FAC-P/PM learning objectives for the following Mid-level FAC-P/PM Competency, representing 25% of the entire Mid-level FAC-P/PM certification:

Mid-level FAC-P/PM “Contracting” Competency 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
    • Review of 14 FAC-COR General Business Competencies
  • III. Overview of Technical Competencies and Aligned Skills for CORs
    • Review of 10 FAC-COR Technical Competencies
  • IV. Overview of Performance-Based Acquisition (PBA)
    • Objectives of PBA
    • Essential Elements of PBA
    • Key documents used in PBA
    • Seven Steps to effective PBA
  • V. Legal Foundations for Government Contracting
    • Definitions and key terms
    • Publicizing Proposed Acquisitions
    • Procurement integrity mandates
    • Contracting authority and limitations of authority from the U.S. Constitution to the Agency Head, the Contracting Officer, and the COR
  • 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”)
    • Key Performance Parameters, Thresholds, and Objectives
    • Market Research
    • Writing Statements of Work
    • Solicitation Preparation
    • Amending / Canceling Solicitations
    • Attributes of a Well-Defined Requirement
    • Documenting the Requirement
  • VIII. Case Study, Part I
    • The Right Requirement
  • IX. 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
  • X.Core Project Management Concepts and Skills
    • Work Breakdown Structure (WBS)
    • WBS Exercise
    • Network Schedule
    • Critical Path Method Example and Exercise
    • Estimating Cost and Time
    • Resource Management
    • Teamwork
    • Communication
    • Risk Management
    • Performance Measurement Baseline
    • Earned Value Reporting and Analysis
  • XI. #4 – 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
  • XII. #5 – The “right” contracting method
    • Federal Supply Schedules
    • Task Order and Delivery Order Contracting
    • 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)
  • XIII. #6 – The “right” choice of 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”)
  • XIV. Case Study, Part II
    • The Right contracting method / competition
  • XV. #7 – The “right price”
    • Price analysis
    • Cost (and profit) analysis
    • Certified Cost or Pricing Data
  • XVI. Negotiation
    • Objectives
    • Process
    • Achieving Win-Win solutions
  • XVII. #8 – The “right” type of contract (pricing arrangement)
    • Characteristics of Cost Reimbursement and Fixed-Price contracts
    • Different variants of Cost Reimbursement and Fixed-Price contracts
    • Uniform Contract Format (UCF)
    • 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 (FPI(F), CPIF, CPAF, FPAF, CPAT, T&M)
    • Choosing the right incentives and the amount of incentive to offer
    • Exercise – Types of Contracts
    • Optional Exercise – Multiple Incentive Contract
  • XVIII. Case Study, Part III
    • The Right contractor / type of contract / and price
  • XIX. #9 – The “right” type of contract management (post-award activities that require COR support)
    • 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
  • XX. Individual Action Plan Presentation and Discussion/Wrap Up
    • Finalize individual Action Plans (45 minutes)
    • 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 Earned
40 CLPs
40 PDUs (Course approved by PMI® and is eligible for PDU credit)
4.0 CEUs

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