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Course 1166
Price Analysis
Overview
Knowing how to perform price analyses is vital to your project’s budgetary success. Adhering to the FAR and Contract Pricing Reference Guides (CPRG), you will learn the foundations of a price analysis and which quantitative tools to use to conduct one.
Who Attends
This course is designed for contracting professionals involved in establishing or modifying the price or cost of a government contract.
Course Level: Basic
CLP: 24 | CPE: 24
Duration: 3 Days
Course Details
Volume Discounts (5+ Seats)
Private Group TrainingLearning Objectives
- Explain key factors that influence contract pricing
- Describe the importance of market research in pricing decisions
- Determine appropriate situations to request or require data other than certified cost or pricing data
- Apply key pricing factors to make pricing decisions that reflect the best value for the government
- Describe the different methods and processes for comparing prices
- Use various analytical techniques to estimate a fair and reasonable price
- Document and determine price reasonableness through price analysis
Additional Features
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