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White certificate icon with a ribbonCCON 027

Quantitative Methods Application Credential

Build on your foundational quantitative skills learned in CCON 004 Quantitative Methods by delving into specific applications. Through a series of learning assets, you’ll focus on quantitative analysis techniques such as utilizing historical prices to determine fair and reasonable pricing. This covers adjustments for economic factors, quantity differences, terms and conditions, material variances, forecasting indices and modeling price-quantity relationships. You’ll investigate the relationship between total cost, volume, price and various factors influencing these elements. Learn concepts like revenue per unit, variable and fixed costs and profit, and delve into cost-volume-profit analysis to understand break-even points and rational pricing behaviors. Increase your knowledge of factored rates and inflation causes and types through an introduction to economic price adjustment (EPA) clauses, equitable adjustments based on inflation and contract types and the construction of EPA clauses.

Estimated time to complete this credential is 13 hours. Earn up to 14 CLPs.

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REQUIREMENTS

ID Title Delivery Method
CON 7470 Inflation and Economic Price Adjustments Online Training (OLT)
CON 7450 Analyzing Factored Costs Online Training (OLT)
CON 7440 Cost-Volume-Profit Analysis Online Training (OLT)
CON 7430 Comparing Prices Online Training (OLT)

TARGET AUDIENCE

Any acquisition professional who wishes to learn more about using quantitative techniques in contract pricing.

Additional Credential Information

Credential Expiration : 3 years from date earned.
Availability : All
Continuous Learning Points : Click Here
Deployed Date : 01/31/2023
Credentials Restrictions :

NOTES

  • Predecessor courses may not be used to complete credential requirements.
  • All students must have a DAUID.
  • Enroll in a Credential through the DAU Virtual Campus at https://dau.csod.com