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CON 370





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AUD

iCatalog Home CON 370 Advanced Cost and Price Analysis
(Last Modified:10-Dec-2019)

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Description
CON370 uses a scenario-based approach to lead students to a deeper understanding of defense acquisition policy; the factors effecting price comparability; and quantitative analysis techniques. Topics include: selected areas of business microeconomics; interpreting and shaping regulatory policy; data normalization; forecasting techniques; Monte Carlo risk analysis; simple linear, nonlinear, and multivariate regression techniques; and cost improvement curve methodologies such as the unit and cumulative average formulations, and dealing with breaks in production.
Objectives
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Target Attendees
This course is designed for contracting professionals entrusted with making fair and reasonable price determinations, those involved in reviewing and shaping contracting policy, supervisory contracting officers, and contract reviewer personnel, especially those involved with major weapons systems and services.
Prerequisite(s)
None
Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
Predecessor Predecessor Course Title PDS Code Accepted Until
CON 235 Advanced Contract Pricing PAQ 30-Sep-2015
Course Length
9.5 class days
Additional Course Information
Delivery Mode Resident
Equivalent Courses None
ACE Recommended Credits YES
PDS Code ZWU
DAU Public (material/prework) YES
Continuing Education Units   5.8
Continuous Learning Points  58
Reservist Retirement Points  0
Historical Allocations Mouse Over for Past CEU/CLPs
Notes
  • Participants must be familiar with a scientific calculator.
  • Pre-work required (approx. .5 hours) / Walk-ins NOT authorized.