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CON 7200V Better Business Deals





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iCatalog Home CON 7200V Better Business Deals
(Last Modified:24-Jul-2024)

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Description
***This is an online Virtual Instructor-Led Training (VILT) course.***

Restrictions:
This course is restricted to DoD Acquisition Workforce (DAW) government civilian and military students only.

This virtual instructor-led training (VILT) course will assist our government acquisition professionals negotiate better business deals by more fully understanding how industry works. Research shows the following are important concepts for government acquisition professionals to understand:
  • How industry measures and tracks financial performance
  • How industry is motivated by financial returns
  • How industry builds managerial incentives around financial returns
  • How government contracting affects industry returns
  • How government can improve industry returns without increasing government’s purchase prices
  • How government and industry can become more effective negotiating partners
  • Where information (current and historic) can be found in support of these concepts
The course will culminate with a business simulation where the students take on the role of the Chief Financial Officer making decisions on various investment opportunities and using the results of the simulation to improve their performance in subsequent fiscal years.

Click Here to learn more about this course.
Objectives
Download Course Objectives
Target Attendees
DoD acquisition civilians and military equivalents with at least 2 years exercising an Unlimited Warrant in the Contracting functional area. This course is recommended for those pre- and post-award personnel in the major weapons systems or services area, particularly those who negotiate with major and mid-level publicly traded defense contractors, who would benefit from an understanding of key financial metrics used in corporate decision making.
Prerequisite(s)
None
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
5 class days
Additional Course Information
Delivery Mode Virtual Instructor Led Training
Equivalent Courses N/A
Availability Defense Acquisition Workforce (DAW) Only
PDS Code HF8
Walk-ins Authorized No
Pre-work required Yes [approx. 4 hour(s)]
First Offering 1/24/2022
ACE Recommended Credits None
Continuing Education Units   3.6
Continuous Learning Points  36
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible YES
Technical Requirements Click Here
Notes
Additional Information:
  • Students are expected to attend class from 0800-1700 daily, Monday - Friday.
  • This course will consist of synchronous and asynchronous portions as well as participation in a computer-based business simulation.
  • Virtual classes are conducted in MS Teams.
  • Students are required to test connectivity with DAU IT prior to the class start date.
  • DAU does not reimburse student phone/internet charges.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).