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CON 7140V Advanced Cost Modeling





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iCatalog Home CON 7140V Advanced Cost Modeling
(Last Modified:09-Sep-2022)

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Description
This is a virtual instructor led training (VILT) course that is part of the Pricing Tools and Techniques (CCON 017) Credentials. This course describes the role that cost models play in the overall acquisition process, with a workbook that provides an in-depth walkthrough of the Cost Model building process. Students will be challenged to demonstrate their ability to develop a Proposed Cost Model along with a Government Objective Position. This course illustrates the importance of cost models and Cost Estimating Relationships (CERs), and ways to gain efficiencies when creating a cost model in today’s agile environment.
Objectives
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Target Attendees
Civilians and military equivalents (GS-9 and above) with at least 2 years of experience in the Contracting functional area (specifically 1102s). This course is recommended for Price Analysts, Contracting Officers, Contract Specialists, Defense Contract Audit Agency (DCAA) auditors, and Defense Contract Management Agency (DCMA).
Prerequisite(s)
Required: None

Highly Recommended:
  • CON 7310V - Cost Analysis
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
38 classroom hours over the course of 10 days
Additional Course Information
Delivery Mode Virtual Instructor Led Training
Equivalent Courses None
ACE Recommended Credits None
PDS Code HFW
Walk-ins Authorized No
Pre-work required Yes [approx. 1 hour(s)]
First Offering 2/14/2022
Continuing Education Units   3.8
Continuous Learning Points  38
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible YES
Technical Requirements Click Here
Notes
  • Attendees should have a basic knowledge of Microsoft Excel and a good understanding of Cost Analysis and the individual cost elements in FAR Table 15-2. For those who don't, consider taking CON 7310V..
  • 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 Pre-Course Assessment should be completed before Day 1.
  • This course will consist of synchronous and asynchronous portions.
Time Commitment:
  • There are two Mandatory Instructor-led trainings where Attendance is required to pass the course: Day 1 (3 hours) and Day 2 (2 hours).
  • There are two other Instructor-led trainings where Attendance is not required to pass the course: Day 6 (3 hours) and Day 9 (1 hour).
  • There will be Optional Virtual Open Office Hours conducted in MS Teams based on the following schedule:
    • Open Office Hours: Day 3, 4, 5, 6, 7, 10 - Est. 1 hr/day (assumes partial attendance)

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