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CON 7300V Price Analysis





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iCatalog Home CON 7300V Price Analysis
(Last Modified:18-Apr-2024)

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Description
This course is being piloted for direct registration via DAU Virtual Campus (CSOD). Click on "Apply for this training" button in the upper right-hand corner to register for an offering.

This course is designed to empower you with practical knowledge and hands-on experience to confidently tackle real-world scenarios. Through a blend of interactive lectures, case studies, and simulations, you'll develop a comprehensive understanding of the following objectives:
  1. Scenario-Based Proposal Analysis: You'll learn to apply appropriate proposal analysis techniques to ensure fairness and reasonableness in contract pricing. By dissecting various scenarios, you'll gain insights into effective evaluation methods.
  2. Market Evaluation and Customer Requirements: Understanding the market landscape is crucial. You'll explore how to assess initial customer requirements and analyze market dynamics to inform your proposal analysis effectively.
  3. Price Analysis Techniques: Dive deep into the price analysis techniques outlined in FAR 15.404-1(b) as supplemented by the DFARS and DFARS PGI. From comparison of prices to using parametric estimating techniques, you'll master a range of methodologies essential for substantiating fair and reasonable prices.
  4. Technical Analysis Support: Price analysis doesn't exist in a vacuum. You'll discover how to integrate technical analysis seamlessly into your price evaluation efforts, enhancing the depth and accuracy of your assessments.
  5. Unit Prices and Unbalanced Pricing: Learn to evaluate contractor proposals, dissecting unit prices and identifying unbalanced pricing techniques. This skill is invaluable for ensuring transparency and fairness in procurement processes.
  6. Substantiating Fair and Reasonable Prices: Armed with a robust toolkit of price analysis techniques, you'll be equipped to substantiate fair and reasonable prices confidently. Through practical scenarios, you'll learn to navigate complexities and make data-driven decisions.
This course isn't just about theory; it's about actionable insights that you can immediately apply in your professional journey. Whether you're a procurement specialist, contract officer, or cost/price analyst, mastering price analysis will set you apart in today's competitive marketplace.

Objectives
Download Course Objectives
Target Attendees
  • Focus: New contract specialists who have completed their initial foundational learning courses.
  • Broader: Contracting personnel in a diverse environment that utilize all proposal analysis techniques while performing their contract pricing work.
Prerequisite(s)
None
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
Approximately 32 hours over course of 8 class days
Additional Course Information
Delivery Mode Virtual Instructor Led Training
Equivalent Courses N/A
Availability Defense Acquisition Workforce (DAW) Only
PDS Code B4J
Walk-ins Authorized Yes
Pre-work required No
First Offering 1/31/2022
ACE Recommended Credits None
Continuing Education Units   3.2
Continuous Learning Points  32
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible N/A
Technical Requirements Click Here
Notes
Restriction:
  • This course is restricted to DoD acquisition workforce (DAW) government civilian and military students only.
Additional Information:
  • If students are not familiar with Excel, please consider taking an Excel course such as HOS 0013 - Excel Skills for Business Intermediate I or other Excel learning assets located at DAU's Commercial Learning Opportunities website at DAU LMA. Students may also want to consider taking CON 7140V, Advanced Cost Modeling.
  • Virtual classes are conducted via MS Teams.
  • All times are in the local time zone of the DAU region assigned to teach the offering.
  • 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).
  • Price Analysis is one of two (8) day hybrid, virtual instructor led training (VILT) courses that make up the Proposal Analysis Credential. There will be a mandatory one-hour instructor led session on the morning of Day 1. Days 2-4 will be self-paced with office hours each afternoon for any questions. Students will use a workbook to guide them through simulations, videos, readings, and exercises. Day 5 will be a mandatory, instructor-led session which consists of individual activities and exercises. Days 6-8 will be mandatory instructor-led sessions. On Day 6, the instructor will answer any questions from the first week and introduce the assessment simulation. The assessment simulation will be completed over Days 6-8 with office hours in the afternoon. The assessment simulation will challenge students to demonstrate their ability to perform price analysis during a graded capstone exercise. Day 8 is the final day of simulation with mandatory remediation in the afternoon.