IND 205 Contract Government Property Management Systems and Auditing Concepts
 Description
This course provides an educational setting to apply and analyze foundational knowledge gained in IND 105 and experiential on-the-job learning in order for the journeyman to identify factors that help determine the adequacy of a Contractor’s Property Management System. Emphasis is given to fundamental auditing concepts. Course lessons will include material that will allow students to: determine how to select the sample size for a given population; determine how to evaluate the sample and generalize to the population; analyze the essentials required for a Property Management System audit; prepare the worksheets (i.e. spreadsheets) and narratives involved with a Property Management System Audit; determine the requirements for the disposal of contract inventory; analyze a property management case study including background information, solutions, alternative solutions, and documentation. Other course modules explore how and when the Government may take title to property under a contract; analyze the appropriate Government property and related clauses that need to be included in a contract; examine a liability court case involving Government property subject to contract risk-of-loss clausal provisions; analyze the regulatory requirements for possible contract conflicts; and examine the factors that will impact risk (high, moderate, low) within a Contractor’s Property Management System.
Objectives
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Target Attendees
Industrial Property Management Specialists and Industrial Property Clearance Specialists or those individuals assigned duties relative to the administration of Government contract property that will involve Property Management System audit responsibilities including approval/disapproval of such contractor management systems.
Prerequisite(s)
Required:
  • IND 105, Contract Property Fundamentals
  • Predecessor Course(s) (Acceptable substitutes for meeting current course prerequisite and certification standards)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    IND 103 Contract Property Management Audit Fundamentals BRL 30-Sep-2014
    ▲ AND ▼
    IND 200 Intermediate Contract Property Administration and Disposition BZQ 30-Sep-2014
    N/A INDEF
    Course Length
    9.5 class days
    Additional Course Information
    Delivery Mode  Resident
    Equivalent Courses  None
    ACE Recommended Credits  EXPIRED
    PDS Code  ZRD
    Current CEU, CLP and RRP      Click here for Previous Allocation
    Continuous Education Units  5.6
    Continuous Learning Points 56 
    Reservist Retirement Points 0  
    Notes
  • It is recommend that students have 1 year of property management experience after completing IND 105
  • The completion of CLC 051, CLE 040, PMT 0170 and CLM 037 is recommended prior to registration.