Course

Course Summary
Credit Type:
Course
ACE ID:
DAU-0285
Organization's ID:
CMC 231
Organization:
Defense Acquisition University
Location:
Classroom-based
Length:
4 days (22 hours)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Lower-Division Baccalaureate 2 Cost Analysis, Contract Costing, and Contract Administration
Description

Objective:

The course objective is to provide students with concepts and tools in cost monitoring, enabling them to successfully fulfill their day-to-day tasks and duties within cost monitoring responsibilities ensuring the government is paying fair and reasonable prices for supplier's products/services.

Learning Outcomes:

  • Given the DoD federal acquisition regulation supplement/procedures, guidance and information (DFARS/PGI 242.302(a)(S-75))and DCMA policy on cost monitoring (DCMA-INST 123), describe the cost monitoring program
  • Given the DoD federal acquisition regulation supplement/procedures, guidance and information (DFARS/PGI 242.302(a)(S-75)), DCMA policy on cost monitoring (DCMA-INST 123), DCMA cost monitoring manual (DCMA-MAN 123.1), a company profile and a cost monitoring scenario, conduct a risk assessment to identify risks to be addressed in a cost monitoring plan (CMP)
  • Given a cost monitoring plan and cost monitoring team support, execute the cost monitoring plan in a simulated environment, in accordance with DCMA-INST 123 and DCMA-MAN 123.1
  • Given DoD federal acquisition regulation supplement/procedures, guidance and information (DFARS/PGI 242.302(a)(S-75)), DCMA policy on cost monitoring (DCMA-INST 123), DCMA cost monitoring manual (DCMA-MAN 123.1), DCMA cost monitoring plan (CMP) template, company profile, and a cost monitoring scenario, develop a cost monitoring (CM) plan
  • Using the DCMA annual cost monitoring report template, DCMA policy on cost monitoring (DCMA-INST 123), DCMA cost monitoring manual (DCMA-MAN 123.1), draft an initial report on cost monitoring activities, including executive summary, findings, and recomme
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Learner Presentations
  • Practical Exercises

Methods of Assessment:

  • Case Studies
  • Examinations
  • Performance Rubrics (Checklists)
  • Presentations

Minimum Passing Score:

80%
Supplemental Materials