Federal MI/Financial and Burn Management

  • Free

Financial and Burn Management

  • Course
  • 8 Lessons

This course equips managers with the tools to oversee contract finances with confidence. Learn how to monitor burn rate, flag risks early, manage spend plans, and report clearly to your COR and internal leadership while keeping delivery on track and within budget.

Contents

Financial and Burn Management

This course equips managers with the tools to oversee contract finances with confidence. Learn how to monitor burn rate, flag risks early, manage spend plans, and report clearly to your COR and internal leadership while keeping delivery on track and within budget.

Objectives:

  • Provide managers with the skills to confidently oversee contract finances.

  • Teach how to effectively monitor burn rate and identify financial risks early.

  • Guide managers in managing spend plans to support successful project delivery.

  • Strengthen reporting skills to communicate clearly with CORs and internal leadership. Ensure managers can keep delivery on track and within budget.

Tracking Hours vs Budget
What is Burn Rate
Calculating EAC and ETC
Understanding Labor Categories
Timekeeping Compliance Review
Monthly Burn Updates for Corporate
Managing a Monthly Spend Plan
What is a Wrap Rate