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WSC 021 Cost Realism Essentials (Page Last Modified:31-Jul-2024)   Description Presents the fundamentals of cost and price realism analysis and enables students to practice those fundamentals in writing solicitation evaluation criteria, conducting proposal evaluations, and making award decisions. Objectives Download Course Objectives Target Attendees Acquisition corps members whose mission area includes cost reimbursement contracts, fixed-price flexibly priced contracts, and/or an environment where competitive contractors may propose unrealistically low offers Course developed primarily for contracting officers & price analysts, but would also be beneficial for cost estimators, project engineers, & program managers—especially if team members can attend as a team. Absolutely ideal for acquisition team members who will soon be entering a competitive acquisition where cost or price realism analysis will be accomplished. Prerequisite(s) No required pre-requisites, however, attendees should have at least 2 years of acquisition experience Predecessor Course(s) Predecessor Predecessor Course Title PDS Code Expires On None None None None Course Length 3 days (see note below) Additional Course Information Delivery Mode Workshop Equivalent Courses N/A Availability All PDS Code N/A Walk-ins Authorized N/A Pre-work required No First Offering 10/30/2019 ACE Recommended Credits N/A Continuing Education Units   0 Continuous Learning Points  21 Reservist Retirement Points  0 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible N/A Technical Requirements Click Here Notes Workshop is designed for 3-days but can be tailored to 2 or 2.5 days. CLPs earned will be adjusted based on workshop length. Fee-For-Service arrangements may be required to cover instructor travel.