BCE 1000 Fundamentals of Cost Estimating
 Description
This Online Training (OLT) is the foundational course for the Acquisition Cost Estimating Community. Students are introduced to policies and techniques used in DoD cost analysis. Topics include definition and planning of cost estimates, data collection and their sources, data normalization, risk and uncertainty, documentation requirements and budgeting considerations. The course also explores the four popular cost estimation techniques of analogy, parametric, engineering, and actual cost.
Objectives
Download Course Objectives
Target Attendees
Acquisition professionals with four years or less of acquisition experience in cost estimating and serving a program office, PEO, Service/Defense agency level, or supporting a program that reports to a Service Acquisition Executive (SAE).
Prerequisite(s)
See the "Notes" section of this course's concept card for recommended prerequisites.
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
BCF 130 Fundamentals of Cost Analysis BZ9 30-Sep-2024
▲ AND ▼
BCF 132 Applied Cost Analysis ZGJ 30-Sep-2024
Course Length
Approximately 21 hours to complete
Additional Course Information
Delivery Mode Online Training
Equivalent Courses  None
Availability All
PDS Code  HFU
Walk-ins Authorized  N/A
Pre-work required   No
First Offering  1/31/2022
ACE Recommended Credits  YES
Continuous Education Units  2.1
Continuous Learning Points 21 
Reservist Retirement Points 5  
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible   YES
Technical Requirements Click Here
Notes
Recommended Prerequisites:
  • ACQ 1010 Fundamentals of Systems Acquisition Management
  • BUS 1100 Business Essentials
Additional Notes:
  • Any exams in this course must be passed with a minimum score of 80%.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).