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White graduation cap icon CON 7430  Comparing Prices

Comparing Prices

This Online Training (OLT) course steps the learner through the price analysis technique of using historical prices paid to determine a fair and reasonable price. We will address adjusting for economic factors, differences in quantity, terms and conditions, material differences, and how to tackle those “similar” items. Along the way we will learn the techniques to forecast indices and model relationships between price and quantity.

REQUIRED PREREQUISITES

None

PREDECESSOR COURSES

TARGET AUDIENCE

Any acquisition professional who seeks to understand and apply techniques useful in both price and cost analysis

NOTES

  • Any exams in this course must be passed with a minimum score of 80%.
  • There is no time limit for completing this course.
  • After completing the course, please be sure to complete the survey at the end.
  • The CLPs assigned to this learning activity may be used to meet professional certification and/or licensure requirements (PDUs/CPE credits).