iCatalog

Description

Professionals are introduced to policies and techniques that are used for the preparation of system cost estimates, including DoD estimating requirements and guidance, estimate use and structure, analogy estimates, parametric estimating, improvement curves, inflation, risk, economic analysis, and software cost estimating. Through practical exercises, professionals gain the opportunity to apply the policies and techniques to real-world examples.

Objectives

Download Course Objectives

Target Attendees

BCF 106 is required for 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)

ACQ 101, Fundamentals of Systems Acquisition Management

Professionals need competence in algebra equal to a second-year high school algebra course. (A basic math tutorial CLC 024, Basic Math Tutorial is available under our list of continuous learning courses to assist)

Knowledge and use of a calculator that has natural logarithms, exponentiation, and an inverse key

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 101	Fundamentals of Cost Analysis	Q1A	INDEF

Course Length

Approximately 37 hours to complete this course

Additional Course Information

Delivery Mode	Distance Learning
Equivalent Courses	None
ACE Recommended Credits	None
PDS Code	JH1
Additional Public Information	YES

Continuing Education Units	3.7
Continuous Learning Points	37
Reservist Retirement Points	9
Historical Allocations	Mouse Over for Past CEU/CLPs

Notes

Technical requirements for this course.

You have 60 calendar days to complete this course.

All exams in the module that must be passed with a 100% score.