BMT-2550 Cost and Price Analysis

Credits 3
Application of fundamental concepts and evaluation of contract price and cost principles.
Prerequisite(s): Reading readiness and Math readiness
Formerly Formerly offered as MGT-2550. Students may not receive credit for both MGT-2550 and BMT-2550.
Course Outcomes

Define contract price and cost principles, cost analysis and estimate analysis.
Determine pricing objectives, comparing both vendor and government approaches.
Determine the steps for maximizing price competition.
Identify the key points when preparing for contract negotiations.
Determine offered price, should-pay price, and indirect cost analysis.