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White graduation cap icon CMC 235  Selection and Use of Indices

Selection and Use of Indices

This course is being piloted for direct registration via DAU Virtual Campus (CSOD). Click on "Apply for this training" button in the upper right-hand corner to register for an offering.

This virtual instructor-led (VILT) course addresses key aspects of price indices and common sources of indices, as well as how and when to use them as applied to cost elements. The focus is on problem-solving and inquiry-based learning activities that require students to formulate and test ideas, draw conclusions and inferences, and pool and convey knowledge in a collaborative learning environment. Students will be exposed students to price indices and their role in adjusting prices/costs to compensate for inflation or deflation in order to facilitate comparisons and other analyses.

REQUIRED PREREQUISITES

See "Notes" section of this course's concept card for recommended prerequisite.

PREDECESSOR COURSES

TARGET AUDIENCE

Price/Cost Analysts with experience performing selection and use of price indices

NOTES

Restriction:
  • This course is restricted to DoD government civilian and military students only. DCMA students have priority in this course. Non-DCMA students may be placed in a registered status if there are seats available or added to the waitlist if there are no available seats.
Recommended Prerequisite:
  • CMC 130, Introduction to Indirect Cost Rates
Additional Notes:
  • Basic knowledge of selection and use of price indices and/or a strong business/economics education or experience is recommended.
  • Course includes assignments performed independently within the timeframe.
  • Virtual classes are conducted via MS Teams.
  • Students are required to test connectivity with DAU IT prior to the class start date.
  • DAU does not reimburse student phone/internet charges.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).