BCF 130 Fundamentals of Cost Analysis
 Description
EXPECTED TO DEPLOY IN 2ND QUARTER FY17

Professionals are introduced to policies and techniques used in cost analysis including DoD cost analysis, definition and planning of a cost estimate, data collection and their sources, data normalization, life cycle data analysis, risk and uncertainty, documentation requirements and budgeting considerations. The course also explores the four popular cost estimation techniques of analogy, parametric, engineering, and actual cost.
Objectives
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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
  • CLC 024, Basic Math Tutorial
  • Predecessor Course(s) (Acceptable substitutes for meeting current course prerequisite and certification standards)
    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
    Current CEU, CLP and RRP      Click here for Previous Allocation
    Continuous Education Units  0
    Continuous Learning Points
    Reservist Retirement Points  
    Notes
  • Professionals need competence in algebra equal to a second-year high school algebra course as well as knowledge and use of a calculator that has natural logarithms, exponentiation, and an inverse key
  • (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.