Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: NPII-0038 Organization's ID: CON-170 Organization: Northwest Procurement Institute, Inc. Location: Classroom-based Length: 10 days (80 hours) Dates Offered: 9/1/2014 - 8/31/2018 Credit Recommendation & Competencies Section 2 Content Section 2 Content Left Section 2 Content Right Level Credits (SH) Subject Lower-Division Baccalaureate 3 Introduction to Accounting Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to provide foundational knowledge of contract cost and price analysis. Learning Outcomes: Demonstrate ability to execute fundamental quantitative pricing skills Identify the contract cost principles and procedures Recognize the essential elements of a market research report Describe the Truthful Cost or Pricing Data statute, including its purpose in mitigating government cost risk Successfully differentiate between direct and indirect costs Successfully summarize the evaluation of direct material and subcontract costs Demonstrate the ability to execute fundamental quantitative pricing skills Accurately differentiate between price analysis techniques and between price and cost analysis Differentiate among financing arrangements, their order of preference, and the situations for use Determine an appropriate contracting strategy, including the contract type and other incentives Summarize the contractor business systems that must be found compliant for the award and payment of government contracts Demonstrate ability to complete a settlement action relating to defective pricing Identify the policies and procedures for applying the Cost Accounting Standards Board (CASB) rules and regulations to negotiated contracts and subcontracts Successfully summarize the evaluation of indirect costs Successfully distinguish various seller pricing strategies Demonstrate ability to calculate facilities capital cost of money (FCCOM) Demonstrate ability to employ the weighted guidelines for calculating negotiation profit objectives General Topics: Quantitative methods Net present value Contract-type considerations Market research, the Truthful Cost or Pricing Data statute, and Cost Accounting Standards (CAS) Cost versus price Price analysis Cost analysis and direct costs Indirect costs and profit Performance-based payments and negotiations Instruction & Assessment Section 4 Content Section 4 Content Left Section 4 Content Right Instructional Strategies: Classroom Exercise Computer Based Training Discussion Lectures Practical Exercises Methods of Assessment: Examinations Minimum Passing Score: 80% Supplemental Materials Section 5 Content Section 5 Content Left Section 5 Content Right Section 6 Content Section 6 Content Left Section 6 Content Right Button Content Rail Content 1 Page Content