Apply to AGU |

Price and Cost Analysis (620) Credits: 3     This course is designed to provide and understanding of the most advanced concepts of price and cost analysis. It will sharpen and expand the skills of experienced practitioners and provide a solid base of knowledge and practical skills upon which less experienced personnel can build. Equal emphasis is placed on both price and cost analysis. The course demonstrates the distinction between market pricing and cost based pricing will be emphasized. The relationship and use of price and cost analysis techniques in developing and maintaining partnering agreements will be covered. Subjects covered include: Pricing Concepts –Cost – Price – Volume Analysis Analysis of Direct Cost – Material, Subcontracts and Other Direct Costs Estimating Methods Improvement Curves Introduction to Price – Cost Analysis Analysis of Indirect Costs Price Analysis Principles Analysis of Software Costs Preparing for Price Analysis Analysis of Service Contracts Price Related Factors Analysis of Profit – Fee and Cost of Money Rates Price Analysis Techniques Price / Cost Analysis and Negotiation Accounting for Price Differences Documenting the Cost/Price Analysis Analysis of Direct Costs – Engineering and Manufacturing Labor Unique Government Requirements Analysis of Labor Rates   Increase Your Understanding of • Price Analysis Techniques • Cost Analysis Procedures • Pricing Negotiations Improve Your Ability to • Use Price and Cost Analysis Effectively • Prepare and Conduct a Price Analysis • Analyze Cost and Profit • Develop and Employ Negotiation Techniques Professor: James Southerland, B.S., M.S. Text: “Price and Cost Analysis,”AGU Press

Apply to AGU |