Course

Course Summary
Credit Type:
Course
ACE ID:
MACI-0093
Organization's ID:
1217
Location:
Classroom-based
Length:
5 days, plus a minimum of 8 hours of directed out-of-class reading, 32 hours
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 2 Statistics, Business Management, Procurement, Public Administration, or Purchasing
Prerequisites: Con 112, Con 120.
Description

Objective:

To provide intermediate level students with techniques to analyze a contractor's proposal and skills to develop government negotiation objectives.

Learning Outcomes:

  • Determine when cost analysis should be used
  • Make a determination on a contractor's estimating and accounting systems
  • Calculate a cost objective for direct material, direct labor, other direct costs, indirect costs, facilities cost of money, and profit/fee
  • Identify the key elements of successful contract negotiations
  • Use and apply contract audit results
  • Calculate a price/cost objective using simple regression analysis, improvement curve analysis, and statistics
Instruction & Assessment

Instructional Strategies:

  • Case Studies
  • Classroom Exercise
  • Discussion
  • Lectures
  • Practical Exercises
Supplemental Materials