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BCF 130





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iCatalog Home BCF 130 Fundamentals of Cost Analysis
(Last Modified:17-Jun-2019)

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Description
Professionals are introduced to policies and techniques used in cost analysis including DoD cost analysis, definition and planning of a cost estimate, data collection and their sources, data normalization, life cycle data analysis, risk and uncertainty, documentation requirements and budgeting considerations. The course also explores the four popular cost estimation techniques of analogy, parametric, engineering, and actual cost.
Objectives
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Target Attendees
DoD employees responsible for the preparation of materiel system cost estimates. It is also beneficial for individuals who use information from life cycle cost estimates, supervise cost estimators, prepare budgets based on life cycle cost estimates, manage acquisition programs, evaluate and negotiate contract proposals, or want to learn cost-estimating basics.
Prerequisite(s)
None
Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
Predecessor Predecessor Course Title PDS Code Accepted Until
BCF 106 Fundamentals of Cost Analysis JH1 01-Oct-2018
OR
BCF 101 Fundamentals of Cost Analysis Q1A 01-Oct-2018
Course Length
Approximately 17 hours to complete this course
Additional Course Information
Delivery Mode Distance Learning
Equivalent Courses None
ACE Recommended Credits None
PDS Code BZ9
DAU Public (material/prework) YES
Continuing Education Units   1.7
Continuous Learning Points  17
Reservist Retirement Points  4
Historical Allocations Mouse Over for Past CEU/CLPs
Notes
  • Completing ACQ 101 and CLC 024 prior to registering is recommended.
  • Professionals need competence in algebra equal to a second-year high school algebra course as well as knowledge and use of a calculator that has natural logarithms, exponentiation, and an inverse key
  • (Click Here) for the technical requirements for this course.
  • All exams in this course must be passed with a minimum score of 80%. You will have 2 opportunities to retake an exam in its entirety. After a 3rd failure, you will automatically be restarted in the course.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.