• FORT BRAGG, N.C. (Aug. 29, 2013) - Peter Kim instructs the use of performance measures during a practical exercise in the FORSCOM Cost Management Basics Certificate course.  Kim is a staff member of the Deputy Assistant Secretary of the Army, Cost and Economics who developed this pilot program course to assist U.S. Army Forces Command in training and certifying its work force in cost management principles.

    Training to achieve readiness at the best value

    FORT BRAGG, N.C. (Aug. 29, 2013) - Peter Kim instructs the use of performance measures during a practical exercise in the FORSCOM Cost Management Basics Certificate course. Kim is a staff member of the Deputy Assistant Secretary of the Army, Cost and...

  • FORT BRAGG, N.C. (Aug. 29, 2013) - Phillip E. McGhee, U.S. Army Forces Command deputy chief of staff, G-8 (Budget and Resource Management), talks with the graduates of FORSCOM's inaugural Cost Management Basics Certificate course.  McGhee solicited the support of the Deputy Assistant Secretary of the Army, Cost and Economics, to develop a pilot program to train and certify the FORSCOM work force in cost managment principles.

    Training to achieve readiness at the best value

    FORT BRAGG, N.C. (Aug. 29, 2013) - Phillip E. McGhee, U.S. Army Forces Command deputy chief of staff, G-8 (Budget and Resource Management), talks with the graduates of FORSCOM's inaugural Cost Management Basics Certificate course. McGhee solicited the...

  • FORT BRAGG, N.C. (Aug. 29, 2013) - Students discuss solutions to a practical exercise during the U.S. Army Forces Command Cost Management Basics Certificate course.  FORSCOM partnered with the Deputy Assistant Secretary of the Army, Cost and Economics to develop a pilot program to train and certify its work force in cost management principles.  This inaugural class was also attended by staff members from U.S. Army Special Operations Command and XVIII Airborne Corps.

    Training to achieve readiness at the best value

    FORT BRAGG, N.C. (Aug. 29, 2013) - Students discuss solutions to a practical exercise during the U.S. Army Forces Command Cost Management Basics Certificate course. FORSCOM partnered with the Deputy Assistant Secretary of the Army, Cost and Economics...

  • FORT BRAGG, N.C. (Aug. 29, 2013) - The graduating class of the U.S. Army Forces Command Cost Management Certificate course.  Command Cost Management Basics Certificate course.  The FORSCOM Deputy Chief of Staff, G-8, partnered with the Deputy Assistant Secretary of the Army, Cost and Economics (DASA-CE) to develop a pilot program to train and certify its work force in cost management principles.  This inaugural class was also attended by staff members from U.S. Army Special Operations Command and XVIII Airborne Corps. DASA-CE instructors Rick Nieves (left) and Peter Kim (right) taught this first class along with Dawn Segley (not pictured).  Also pictured is Philip E. McGhee (center-right, with red tie), the FORSCOM deputy chief of staff, G-8.

    Training to achieve readiness at the best value

    FORT BRAGG, N.C. (Aug. 29, 2013) - The graduating class of the U.S. Army Forces Command Cost Management Certificate course. Command Cost Management Basics Certificate course. The FORSCOM Deputy Chief of Staff, G-8, partnered with the Deputy Assistant...

FORT BRAGG, N.C. (Sept. 5, 2013) - The Army expends tremendous effort in budget fulfillment -- all in an effort to most efficiently expend funds allocated.

Recent fiscal constraints will likely continue, with top spending lines continuing to decrease. For managers and resource professionals at U.S. Army Forces Command (FORSCOM), this reality requires a keen understanding of costs, where these costs come from, and how to provide readiness at the best value.

FORSCOM's deputy chief of staff, G-8, Phillip E. McGhee, solicited the assistance of the Deputy Assistant Secretary of the Army for Cost and Economics (DASA-CE) to develop a pilot program to train and certify individuals in cost management at all levels of planning and execution.

In response, the Cost Management Basics Certification course was developed and its first class graduated, here, Aug. 29.

"It's all about saving money", said McGhee emphasizing that savings must have no, or minimal impact on readiness.

"This is a big deal. It's all about training and educating our workforce," McGhee continued. "I want everyone to know that FORSCOM has the most competent, well-trained, well-versed workforce."

FORSCOM's senior leadership directed the use of a formal Cost Benefit Analysis (CBA) to enable resource-informed decisions in situations requiring any funding levels.

The CBA uses a structured methodology to determine costs and benefits of various courses of action.

FORSCOM and its subordinate units and organizations must ensure mission accomplishment is not compromised while meeting the demands of a resource constrained environment, McGhee reiterated.

Military and civilian staff members from FORSCOM, XVIII Airborne Corps, and U.S. Army Special Operations Command completed the last phase of classroom training at the Old Bowley School complex near the FORSCOM headquarters.

Capt. Wasiu Adekunle, a budget analyst in the FORSCOM G-8, described the training as very useful, "it gives us the tools to ensure a request for funding will have a roadmap for the successful use of those funds."

Each student had to complete several online training courses prior to the classroom session:
- Performance Management
- Forecasting Techniques
- Introduction to Reducing Costs
- Cost Estimating
- Overview of Managerial Accounting
- Cost Management Fundamentals

Lessons learned and student feedback from this first iteration will be used to improve the course and then it will be made available to FORSCOM elements across the nation.

"This is a pilot course. It's important that you provide feedback. We will make the changes needed," McGhee added as he discussed plans to add a longer "capstone" practical exercise that will include a commander's back-brief.

"I want to congratulate everyone again for completing the first couple of weeks online and this class work here," McGhee told the class during his graduation remarks.

"Thanks for everything you do, everyday. You have no idea how greatly I appreciate all your hard work."

Page last updated Wed September 11th, 2013 at 00:00