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BCF 131 Applied Cost Analysis
(Last Modified:03-Oct-2016)

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Description
In this course, students will apply the techniques they learned in BCF 130 to develop cost estimates, with an emphasis on life cycle cost estimates. Learning methodologies include interactive presentations, group discussion, cost analysis using MS Excel, and case study of an ongoing Major Defense Acquisition Program. The course will also expose students to current developments in data collection and software cost estimating.
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:
  • BCF 130, Fundamentals of Cost Analysis
  • Professionals need competence in algebra equal to a second-year high school algebra course.
  • Knowledge and how 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 107 Applied Cost Analysis JH2 01-Oct-2018
    OR
    BCF 101 Fundamentals of Cost Analysis Q1A 01-Oct-2018
    Course Length
    4.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits None
    PDS Code B07
    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
  • Students should bring a basic calculator to class.
  • You should be comfortable with mathematical expressions and have a fundamental understanding of probability and statistics
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