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BCF 206 Cost Risk Analysis





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iCatalog Home BCF 206 Cost Risk Analysis
(Last Modified:24-Jun-2022)

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Description
Cost analysts taking this course are given an overview of how to model the cost/risk associated with a defense acquisition program. Topics covered include basic cost risk concepts, subjective probability assessment, goodness-of-fit testing, basic simulation concepts, and spreadsheet-based simulation. Practical exercises and a small-group Monte Carlo simulation based cost risk case reinforce the techniques taught.
Objectives
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Target Attendees
Cost analysis functional area/career field personnel; acquisition members involved in the preparation, analysis, review, or approval of cost risk analyses for all levels of acquisitions and those wanting an understanding of how cost risk analyses are prepared and used.
Prerequisite(s)
Required:
  • BCF 132 - Applied Cost Analysis
  • CLB 042 - Cost Risk and Uncertainty Analysis
Highly Recommended: None
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
BCE 206 Cost Risk Analysis Q2C INDEF
Course Length
3.5 class days
Additional Course Information
Delivery Mode Instructor Led Training
Equivalent Courses None
ACE Recommended Credits YES
PDS Code Q2C
Walk-ins Authorized Yes
Pre-work required No
First Offering 10/1/2009
Continuing Education Units   2.2
Continuous Learning Points  22
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible YES
Technical Requirements Click Here
Notes
  • Recommended: A good working knowledge of Microsoft Excel prior to registering for this course.

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