CON 7460 Pricing Risk
 Description
In this Online Training (OLT) course, we will equip you to better understand risk when selecting contract type, developing your government objective, or constructing contract geometry on incentive contracts. We will look at guidance in FAR, DFARS, and DFARS PGI. This course will look at techniques for quantifying and measuring risk from sensitivity analyses to simulation tools. We will dispel the fallacy of summing the high, low, and most likely values in developing negotiation positions.

Objectives
Download Course Objectives
Target Attendees
Any contracting professional who would like an understanding as to how risk affects our selection of contract type, geometry and price, and would like some techniques for quantifying risk. This course would be ideal for anyone planning to take CON7610 and CON7620 on incentive contracting.
Prerequisite(s)
None
Predecessor Course(s)
Predecessor Predecessor Course Title PDS Code Expires On
None None None None
Course Length
Approximately one hour to complete
Additional Course Information
Delivery Mode Online Training
Equivalent Courses  None
Availability All
PDS Code  A18
Walk-ins Authorized  N/A
Pre-work required   No
First Offering  4/25/2024
ACE Recommended Credits  None
Continuous Education Units  0
Continuous Learning Points
Reservist Retirement Points 0  
Historical Allocations Mouse Over for Past CEU/CLPs
Fulfillment Eligible   N/A
Technical Requirements Click Here
Notes
Additional Information:
  • 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).