Cost Estimating for Technical Personnel

Overview

Learn how to develop the independent government cost estimate (IGCE)—a powerful tool to support budgeting and the determination of cost reasonableness, price realism, and fair and reasonable price. In this course, you will discover how to develop the IGCE through step-by-step procedures, establishing the team, breaking the requirements into cost elements, making assumptions, and securing funding. You will also practice collecting and projecting cost data to develop a reliable and useful cost estimate.

Who Attends

This entry-level course is designed for acquisition team members who do not have experience developing IGCEs, including program officials (technical personnel, subject matter experts, project managers), contracting officials, and others responsible for conducting market research and developing the IGCE.

Course Level: Basic
CLP: 24 | CPE: 24
Duration: 3 Days

Price: $ 1429.00 Course prices shown here do not include a credit card surcharge. Payments by ACH, EFT, or check do not include the surcharge and are offered at a lower price. At checkout, you may choose a payment method that avoids the credit card surcharge.
A 3% credit card surcharge will be applied.

Course Details

FAQs Technology Requirements

For Groups

Volume Discounts (5+ Seats) Private Group Training Icon

Private Group Training

Available Dates

Guaranteed to Run are designated with a

July 22 - July 24, 2026

Class ID: 261125003

Virtual

9 AM - 5 PM EST

October 26 - October 28, 2026

Class ID: 261125004

Virtual

9 AM - 5 PM EST

Learning Objectives

Explain the purpose of the Independent Government Cost Estimate (IGCE) and the steps to create one
Discuss how market research and the requirements document inform the IGCE
Identify methodologies used for cost estimating
Apply an appropriate cost factor toward an IGCE
Demonstrate how to develop and critique an IGCE

Additional Features

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Developing the Independent Government Cost Estimate

Overview

Who Attends

For Groups

Available Dates

Learning Objectives

Additional Features

Credits

This course is part of the following Management Concepts Certificate Programs:

Core Courses

Elective Courses

Prerequisites:

Mandatory

Suggested

Course Activities

Course Topics