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IND 205 Contract Government Property Management Systems and Auditing Concepts





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iCatalog Home IND 205 Contract Government Property Management Systems and Auditing Concepts
(Last Modified:17-May-2022)

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Description
This Instructor-Led Training (ILT) course provides an educational setting to apply and analyze foundational knowledge gained in IND 105 and experiential on-the-job learning in order for the journeyman to identify factors that help determine the adequacy of a Contractor’s Property Management System. Emphasis is given to fundamental auditing concepts. Course lessons will include material that will allow students to: determine how to select the sample size for a given population; determine how to evaluate the sample and generalize to the population; analyze the essentials required for a Property Management System audit; prepare the worksheets (i.e. spreadsheets) and narratives involved with a Property Management System Audit; determine the requirements for the disposal of contract inventory; analyze a property management case study including background information, solutions, alternative solutions, and documentation. Other course modules explore how and when the Government may take title to property under a contract; analyze the appropriate Government property and related clauses that need to be included in a contract; examine a liability court case involving Government property subject to contract risk-of-loss clausal provisions; analyze the regulatory requirements for possible contract conflicts; and examine the factors that will impact risk (high, moderate, low) within a Contractor’s Property Management System.
Objectives
Download Course Objectives
Target Attendees
Industrial Property Management Specialists and Industrial Property Clearance Specialists or those individuals assigned duties relative to the administration of Government contract property that will involve Property Management System audit responsibilities including approval/disapproval of such contractor management systems.
Prerequisite(s)
Required:
  • IND 105 - Contract Property Fundamentals
Highly Recommended:
  • CLE 040 - IUID Marking
  • CLM 037 - Physical Inventories
  • CON 0510 - Managing Government Property in the Possession of Contractors
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
9.5 class days
Additional Course Information
Delivery Mode Instructor Led Training
Equivalent Courses None
ACE Recommended Credits EXPIRED
PDS Code ZRD
Walk-ins Authorized Yes
Pre-work required No
First Offering 8/1/2013
Continuing Education Units   5.6
Continuous Learning Points  56
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible YES
Technical Requirements Click Here
Notes
  • It is recommend that students have 1 year of property management experience after completing IND 105
  • Students must achieve 80% or 80 points out of a possible 100 points to successfully complete this course.

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