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BCF 130 Fundamentals of Cost Analysis
(Last Modified:27-Sep-2016)

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Description
EXPECTED TO DEPLOY IN 2ND QUARTER FY17

This course introduces acquisition professional to the fundamental steps used for the preparation and development of a life cycle cost estimate. Students will be exposed to topics such as recurring and nonrecurring cost, fixed and variable cost, inflation and escalation, uniform and triangular distributions, log-normal distribution, linear and nonlinear regression, risk and uncertainty, and affordability. Through practical exercises, participants gain the opportunity to apply the policies and techniques to real-world examples.
Objectives
UNDER DEVELOPMENT Download Course Objectives
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)
Required:
  • 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 106 Fundamentals of Cost Analysis JH1 01-Oct-2018
    OR
    BCF 101 Fundamentals of Cost Analysis Q1A 01-Oct-2018
    Course Length
    Approximately 28 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) N/A
    Continuing Education Units   0
    Continuous Learning Points  0
    Reservist Retirement Points  
    Historical Allocations Mouse Over for Past CEU/CLPs
    Notes
  • (Click Here) for the technical requirements for this course.
  • You have 60 calendar days to complete this course.
  • All exams in the module must be passed with a 100% score.
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