ACM 395 Acquisition and Contract Management Pricing

This course covers material needed by buyers, price analysis, and contracting officers tasked with obtaining fair and reasonable prices. Students who complete this class will be able to address market forces, the market research process, commerciality issues and cost/price analysis techniques such as the analogy method, parametrics, and learning curves. Students will determine whether a cost or price analysis is appropriate and identify factors that affect price comparability. Direct labor, material and indirect costs will be analyzed and calculated to determine pre-negotiation objectives. Application of a full range of contract pricing techniques will be utilized to determine the appropriate contract adjustment and establish final price or fee adjustments.

Credits

3