CON 217 Cost Analysis and Negotiation Techniques - 5 Days
Category: ACE College Credit Recommendations
Product Code: 1057
This course builds on basic pricing skills and introduces methods and techniques necessary to analyze a contractor's cost proposal. The course introduces negotiation strategies, techniques, terminology and styles.
Course Objectives:
Upon successful completion of this course, the student will be able to: determine when cost analysis should be used; identify the use and application of a contract audit; make a determination on a contractor's estimating and accounting systems; calculate a cost objective for direct material, direct labor, other direct costs, indirect costs, facilities capital cost of money, and profit/fee; calculate price/cost objective using simple regression analysis, improvement curve analysis and statistics; and outline the process for conducting contract negotiations.
Key Topics:
Identifying and understanding cost terminology
Determining when cost or pricing data is required
Understanding the role of the auditor - DCAA or Agency IG
Using audit reports and recommendations to support cost/price analysis
Preparing negotiation objectives
Using cost analysis to decide fair and reasonable price
Basic of statistics
Simple regression analysis to support price decisions
How improvement curve theory affects future price decisions
Developing practical negotiation strategies
Arriving at win - win solutions.
ACE College Credit Recommendation
DAU Equivalency Rating
Email For Convenient
Dates and Locations
Susan.Carter@npi-training.com
40 Credit Hours
5 Day Course
Tuition: $860
Price: $860.00
425-776-0414 | Register >