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CON 370





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iCatalog Home CON 370 Advanced Cost and Price Analysis
(Last Modified:02-Aug-2016)

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Description
CON370 uses a scenario-based approach to lead students to a deeper understanding of defense acquisition policy; the factors effecting price comparability; and quantitative analysis techniques. Topics include: selected areas of business microeconomics; interpreting and shaping regulatory policy; data normalization; forecasting techniques; Monte Carlo risk analysis; simple linear, nonlinear, and multivariate regression techniques; and cost improvement curve methodologies such as the unit and cumulative average formulations, and dealing with breaks in production.
Objectives
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Target Attendees
This course is designed for contracting professionals entrusted with making fair and reasonable price determinations, those involved in reviewing and shaping contracting policy, supervisory contracting officers, and contract reviewer personnel, especially those involved with major weapons systems and services.
Prerequisite(s)
Required:
  • Level II certified in Contracting
  • Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    CON 235 Advanced Contract Pricing PAQ 30-Sep-2015
    Course Length
    9.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits None
    PDS Code ZWU
    DAU Public (material/prework) YES
    Continuing Education Units   7.4
    Continuous Learning Points  74
    Reservist Retirement Points  0
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
  • Participants must be familiar with a scientific calculator.
  • Pre-work required / Walk-ins NOT authorized.