BCE 1000 Fundamentals of Cost Estimating
 Description
This 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 4 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)
Required: None
Highly Recommended:
  • ACQ 1010, Fundamentals of Systems Acquisition Management
  • BUS 1100, Business Essentials
Predecessor Course(s) (Acceptable substitutes for meeting current course prerequisite and certification standards)
Predecessor Predecessor Course Title PDS Code Accepted Until
BCF 130 Fundamentals of Cost Analysis BZ9 30-Sep-2023
▲ AND ▼
BCF 132 Applied Cost Analysis ZGJ 30-Sep-2023
Course Length
Approximately 18 hours to complete
Additional Course Information
Delivery Mode  Distance Learning
Equivalent Courses  None
ACE Recommended Credits  None
PDS Code  HFU
Current CEU, CLP and RRP      Click here for Previous Allocation
Continuous Education Units  1.8
Continuous Learning Points 18 
Reservist Retirement Points 5  
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.