| Description |
|
CON 7140, Advanced Cost Modeling, is a virtual instructor led training (VILT) course that is part of the Advanced Cost and Price Analysis (CCON 001) and Pricing Tools and Techniques (CCON 017) Credentials. This course describes the role that cost models play in the overall acquisition process, with a workbook that provides an in-depth walkthrough of the Cost Model building process. Students will be challenged to demonstrate their ability to develop a Proposed Cost Model along with a Government Objective Position. This course illustrates the importance of cost models and Cost Estimating Relationships (CERs), and ways to gain efficiencies when creating a cost model in today’s agile environment.
|
|
Objectives
|
|
Download Course Objectives
|
|
Target Attendees
|
|
Civilians and military equivalents (GS-9 and above) with at least 2 years of experience in the Contracting functional area (specifically 1102s). This course is recommended for Price Analysts, Contracting Officers, Contract Specialists, Defense Contract Audit Agency (DCAA) auditors, and Defense Contract Management Agency (DCMA).
|
|
Prerequisite(s)
|
Required: None
Highly Recommended:
- CON 7310V - Cost Analysis
|
|
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
|
|
42 classroom hours over the course of 10 days
|
|
Additional Course Information
|
| Delivery Mode |
Facilitated/Online |
| Equivalent Courses |
None |
| ACE Recommended Credits |
None |
| PDS Code |
HFW |
|
|
Current CEU, CLP and RRP |
Click here for Previous Allocation |
|
Continuous Education Units |
4.2 |
| Continuous Learning Points |
42 |
| Reservist Retirement Points |
0 |
|
|
Notes
|
- Attendees should have a basic knowledge of Microsoft Excel and a good understanding of Cost Analysis and the individual cost elements in FAR Table 15-2. For those who don't, consider taking CON 7310V and the other courses in the CCON 001 series, as available.
- Virtual classes are conducted via MS Teams.
- Students are required to test connectivity with DAU IT prior to the class start date.
- DAU does not reimburse student phone/internet charges.
- The Pre-Course Assessment should be completed before Day 1.
- This course will consist of synchronous and asynchronous portions.
Time Commitment
- There are two Mandatory Instructor-led trainings where Attendance is required to pass the course: Day 1 (3 hours) and Day 2 (2 hours).
- There are two other Instructor-led trainings where Attendance is not required to pass the course: Day 6 (3 hours) and Day 9 (1 hour).
- There will be Optional Virtual Open Office Hours conducted in MS Teams based on the following schedule:
- Open Office Hours: Day 3, 4, 5, 6, 7, 10 - Est. 1 hr/day (assumes partial attendance)
|
|