| Description |
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This Online Training (OLT) course introduces the basics of wrap rate development as it relates to cost estimating. At the conclusion of this module, you should be familiar with and be able to describe portions of a cost estimate that require the use of wrap rate calculations. You will also be able to describe the components for building an estimate using engineering standards as well as calculate a wrap rate or Fully Burdened Labor Rate (FBLR).
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Objectives
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Download Course Objectives
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Target Attendees
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Acquisition workforce members involved in assessing contractor costs
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Prerequisite(s)
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None
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Predecessor Course(s)
(Acceptable substitutes for meeting current course prerequisite and certification standards)
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| Predecessor |
Predecessor Course Title |
PDS Code |
Accepted Until |
| None |
None |
None |
None |
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Course Length
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Approximately 3 hours to complete
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Additional Course Information
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| Delivery Mode |
Distance Learning |
| Equivalent Courses |
None |
| ACE Recommended Credits |
N/A |
| PDS Code |
ZNP |
| Walk-ins Authorized |
N/A
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| Pre-work required |
No
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| First Offering |
10/1/2009
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Continuous Education Units |
0 |
| Continuous Learning Points |
3 |
| Reservist Retirement Points |
1 |
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Historical Allocations |
Click here |
| Fulfillment Eligible |
N/A
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| Technical Requirements |
Click Here |
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Notes
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- 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).
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