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CMC 235 Selection and Use of Indices (Last Modified:15-Mar-2023)   Description This virtual instructor-led (VILT) course addresses key aspects of price indices and common sources of indices, as well as how and when to use them as applied to cost elements. The focus is on problem-solving and inquiry-based learning activities that require students to formulate and test ideas, draw conclusions and inferences, and pool and convey knowledge in a collaborative learning environment. Students will be exposed students to price indices and their role in adjusting prices/costs to compensate for inflation or deflation in order to facilitate comparisons and other analyses. Objectives Download Course Objectives Target Attendees Price/Cost Analysts with experience performing selection and use of price indices Prerequisite(s) Required: None See "Notes" section below for recommended prerequisites. Predecessor Course(s) Predecessor Predecessor Course Title PDS Code Expires On None None None None Course Length Approximately 35 hours over two weeks Additional Course Information Delivery Mode Virtual Instructor Led Training Equivalent Courses None ACE Recommended Credits None PDS Code ZF6 Walk-ins Authorized N/A Pre-work required No First Offering 1/14/2019 Continuing Education Units   2.4 Continuous Learning Points  24 Reservist Retirement Points   6 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible N/A Technical Requirements Click Here Notes Restriction: DCMA Only: This course is restricted to DCMA students only. Recommended Prerequisite: CMC 130, Introduction to Indirect Cost Rates Additional Notes: Basic knowledge of selection and use of price indices and/or a strong business/economics education or experience is recommended. Course includes assignments performed independently within the timeframe. Virtual classes are conducted via 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).