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BCF 330





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iCatalog Home BCF 330 Advanced Concepts in Cost Analysis
(Last Modified:24-Jul-2018)

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Description
Students will apply their skills in both developing and assessing the validity and accuracy of cost estimates for all ACAT Levels within the MAIS and MDAP designation. Using critical thinking and analytical skills, students will execute all steps in developing and assessing credible, repeatable, and defensible Life Cycle Cost Estimates. Selected advanced cost estimating techniques and topics of interest will be taught. Case study driven practical exercises will require students to conduct research and perform leadership responsibilities in a small group decision-making environment.
Objectives
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Target Attendees
This course is designed for senior level cost estimators.
Prerequisite(s)
Required:
  • BCF 206, Cost Risk Analysis
  • BCF 215, Operating and Support Cost Analysis
  • BCF 225, Acquisition Business Management Application
  • BCF 230, Intermediate Cost Analysis
  • CLB 023, Software Cost Estimating
  • CLB 033, Databases for Cost Estimates

    Recommended:
  • BCF 205, Contractor Business Strategies
  • BCF 250, Applied Software Cost Estimating
  • EVM 202, Intermediate Earned Value Management Course
  • EVM 263, Principles of Schedule Management Course
  • 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 302 Advanced Concepts in Cost Analysis JH7 01-Oct-2018
    Course Length
    8.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits None
    PDS Code ZZB
    DAU Public (material/prework) YES
    Continuing Education Units   5.6
    Continuous Learning Points  56
    Reservist Retirement Points  0
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
    6 Years of Cost Estimating Experience is strongly recommended as well as a solid grasp of BCF 206 and BCF 230. Specifically, students need to be able to develop, evaluate and analyze estimates that include: escalation, statistics, learning curves, regression, cost factors, and risk analysis (models, formulas, inputs, analyzing, etc). Students must also have a working knowledge of Excel and @Risk. Co$tat will be available on the computers for those who want to use it. Read ahead material is available via DAU Public Blackboard.