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BCF 230




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BCF 230 Intermediate Cost Analysis
(Last Modified:01-Feb-2017)

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Description
UNDER DEVELOPMENT

This course emphasizes the application of the cost estimating process, cost analysis techniques, and estimate interpretation through the development of a Life Cycle Cost Estimate. The course addresses estimate definition and planning, data collection, data normalization, formulation, review and presentation, and documentation. Estimating techniques such as parametric, analogy, expert opinion, non-parametric analysis, and cost improvement curves are discussed in more depth. Computations are done using scientific calculators, spreadsheets and automated cost estimated integrated tools.
Objectives
UNDER DEVELOPMENT

Download Course Objectives
Target Attendees
Intermediate and advanced cost estimators.
Prerequisite(s)
Required:
  • BCF 103, Fundamentals of Business Financial Management
  • BCF 106, Fundamentals of Cost Analysis
  • BCF 131, Applied Cost Analysis
  • EVM 101, Fundamentals of Earned Value Management
  • Intermediate level of competence with Microsoft excel or similar spreadsheet
  • Algebra competence is essential

    Recommended:
  • BCF 206, Cost Risk Analysis
  • BCF 220, Acquisition Business Management Concepts
  • BCF 225, Acquisition Business Management Concepts Application
  • CLB 023, Fundamentals of Business Financial Management
  • CLB 023, Fundamentals of Earned Value Management
  • CLB 029, Cost Risk Analysis
  • CLB 030, Acquisition Business Management Concepts
  • 2 years of acquisition experience in cost estimating, financial management, or the earned value analysis job series is recommended
  • Some familiarity with probability and statistics is beneficial
    • Predecessor Course(s) (Acceptable as a substitute for this course until the acceptance date specified below.)
    Predecessor Predecessor Course Title PDS Code Accepted Until
    BCE 204 Intermediate Cost Analysis Q2B 01-Oct-2018
    OR
    BCF 204 Intermediate Cost Analysis Q2B 01-Oct-2018
    Course Length
    9.5 class days
    Additional Course Information
    Delivery Mode Resident
    Equivalent Courses None
    ACE Recommended Credits None
    PDS Code ZZA
    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
  • Participants must provide and be familiar with a scientific calculator.