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BCE 2060V Applied Risk and Uncertainty Analysis (Page Last Modified:01-Oct-2024)   Description ***This is an online Virtual Instructor-Led Training (VILT) course.*** Restrictions: Foreign National Students will need to contact their Country Program Manager (CPM) who will coordinate with the Security Assistance Training Field Activity (SATFA). please send an email to [email protected]. This Virtual Instructor-Led Training (VILT) teaches students how to apply risk & uncertainty analysis using the Cost Informed by Schedule Method (CISM) in accordance with the Joint Agency Cost Schedule Risk and Uncertainty Handbook. The course helps students develop reliable and credible cost estimates using numerous hands-on exercises utilizing Excel and a Monte Carlo simulation tool as well as a case study designed to develop critical thinking skills. Objectives Download Course Objectives Target Attendees Cost Estimators and other acquisition personnel interested in understanding how to conduct Risk and Uncertainty Analysis. Prerequisite(s) Required: BCE 0420 Introduction to Risk and Uncertainty BCE 1000 Fundamentals of Cost Estimating or Completion of both BCF 106, Fundamentals of Cost Analysis & BCF 107, Applied Cost Analysis See the Notes section of this course's concept card for recommended prerequisites. 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 None Availability All PDS Code A58 Walk-ins Authorized No Pre-work required No First Offering 09/23/2024 Required for: Credential ACE Recommended Credits None Continuing Education Units   2.7 Continuous Learning Points  27 Reservist Retirement Points  0 Historical Allocations Mouse Over for Past CEU/CLPs Fulfillment Eligible YES Technical Requirements Click Here Notes Recommended Prerequisites: BCE 0010 Introduction to Cost Modeling BCE 2000V Intermediate Cost Estimating Additional Information: 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).