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Description

Participants learn the concepts and methodologies needed to develop operating and support cost estimates, total ownership cost reduction studies, cost as an independent variable management processes, and other management decisions in which operating and support costs are relevant.

Objectives

Download Course Objectives

Target Attendees

This course should be taken by personnel whose duties include developing and/or evaluating operating and support cost estimates, conducting logistics support analyses, engineering development in programs implementing cost as an independent variable or reduction in total ownership cost management, and preparing cost and performance tradeoff analyses such as force-structure studies. Participants will typically include professionals from the Business, Cost Estimating, and Financial Management; Life Cycle Logistics; and Systems Planning, Research, Development, and Engineering career fields. This course is also appropriate for program/project managers.

Prerequisite(s)

Competence in algebra is required

Recommended:

ACQ 101, Fundamentals of Systems Acquisition Management

BCF 106, Fundamentals of Cost Analysis

2 years of experience in defense acquisition cost estimating, financial management, logistics, engineering, or program management

Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)

Predecessor	Predecessor Course Title	PDS Code	Accepted Until
None	None	None	None

Course Length

4.5 class days

Additional Course Information

Delivery Mode	Resident
Equivalent Courses	No
ACE Recommended Credits	YES
PDS Code	Q2H
Additional Public Information	YES

Continuing Education Units	3
Continuous Learning Points	30
Reservist Retirement Points	0
Historical Allocations	Mouse Over for Past CEU/CLPs

Notes

Participants must provide and be familiar with a scientific calculator.