WSC 021 Cost Realism Analysis
 Description
Presents the fundamentals of cost and price realism analysis, and enables students to practice those fundamentals in writing solicitation evaluation criteria, conducting proposal evaluations, and making award decisions.
Objectives
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Target Attendees
  • Acquisition corps members whose mission area includes cost reimbursement contracts, fixed-price flexibly priced contracts, and/or an environment where competitive contractors may propose unrealistically low offers
  • Course developed primarily for contracting officers & price analysts, but would also be beneficial for cost estimators, project engineers, & program managers—especially if team members can attend as a team.
  • Absolutely ideal for acquisition team members who will soon be entering a competitive acquisition where cost or price realism analysis will be accomplished.
  • Prerequisite(s)
    No required pre-requisites, however, attendees should have at least 2 years of acquisition experience
    Predecessor Course(s) (Acceptable substitutes for meeting current course prerequisite and certification standards)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    None None None None
    Course Length
    3 days (see note below)
    Additional Course Information
    Delivery Mode  Workshop
    Equivalent Courses  None
    ACE Recommended Credits  N/A
    PDS Code  None
    Current CEU, CLP and RRP      Click here for Previous Allocation
    Continuous Education Units  0
    Continuous Learning Points 21 
    Reservist Retirement Points 0  
    Notes
  • Workshop is designed for 3-days, but can be tailored to 2 or 2.5 days. CLPs earned will be adjusted based on workshop length. Fee-For-Service arrangements may be required to cover instructor travel.