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  3. CON 7170V

White graduation cap icon CON 7170V  Analyzing Profit or Fee

Analyzing Profit or Fee

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***This is an online Virtual Instructor-Led Training (VILT) course.***

Restrictions:

This course is restricted to DoD Acquisition Workforce (DAW) government civilian and military students only.

This Virtual Instructor Led Training (VILT) course is primarily self-paced with limited instructor availability. Determining profit or fee involves rewarding the contractor for performance and acceptance of risk. But what is a reasonable profit or fee for a given contract? Different individuals' perspectives may vary substantially on this question. That is why proper use of the structured approach required by the Federal Acquisition Regulation is so important. In this course, professionals will learn about this approach and the guidelines for developing a reasonable profit or fee position. In addition, participants will complete a series of simulations to guide them through the decisions required when filling out the DD Form 1547, Record of Weighted Guidelines Application. Emphasis is on critically thinking through risk and the rationale for selection decisions.

This course may be taken as a standalone course. It is also a component of the Advanced Proposal Analysis - Indirect Costs, Profit, and Documentation Credential although we recommend taking the Advanced Proposal Analysis - Direct Costs and Cost Modeling first.

REQUIRED PREREQUISITES

None

PREDECESSOR COURSES

TARGET AUDIENCE

All 1102s involved with cost analysis and acquisitions that require analysis of profit or fee using the DoD's structured approach.

NOTES

Additional Information:
  • Students will be required to conduct a Tech Check to verify the third-party software is accessible on their device.
  • 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.
  • This course will consist of synchronous and asynchronous portions.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).