Course Course Summary Section 1 Content Section 1 Content Left Section 1 Content Right Credit Type: Course ACE ID: NPII-0040 Organization's ID: CON-270 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 Upper-Division Baccalaureate 3 Financial Analysis, Cost Accounting, or Business Finance Description Section 3 Content Section 3 Content Left Section 3 Content Right Objective: The course objective is to assist the student in becoming a better business advisor while developing contract arrangements that serve the best interests of the government. Learning Outcomes: Given a contractor's proposal information, use Excel to model the proposal Assuming an advisory role in evaluating acquisition proposals, successfully summarize the development, assumptions, application, and risk of cost estimating relationships (CERs) Given a proposed contract change, identify issues and factors to be considered in developing the government's negotiation objective for a contract equitable adjustment Given market research and proposed information from offeror(s), select the appropriate statistical information to use in facilitating the decision-making process using sampling data or historical data and estimating factors, regression analysis, or improvement curve analysis Given a point estimate (contract cost, ceiling price), analyze associated cost risk Given an acquisition requirement, identify the appropriate incentive contract-type arrangement to meet the customer's needs that will motivate the contractor to perform in the best interest of the government Given a competitive, cost-reimbursable contract, fixed-price incentive contract, or in some cases, a fixed-price contract, perform cost realism analysis to determine a contractor's most probable actual cost to perform successfully on a government contract Given a contractor need for contract financing, develop a negotiation strategy using performance-based payments (PBPs) General Topics: Price considerations Cost analysis techniques Using quantitative tools Cost proposal analysis Identifying appropriate contract incentives Negotiation strategies Determination of an objective 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