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Cost Plus Contract A Complete Guide Edition Training Course

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Cost Plus Contract A Complete Guide Edition Training Course Curriculum

This comprehensive training course is designed to provide participants with a thorough understanding of Cost Plus Contracting, its principles, and its applications. Upon completion, participants will receive a Certificate issued by The Art of Service.



Course Overview

The Cost Plus Contract A Complete Guide Edition Training Course is an interactive, engaging, and comprehensive program that covers the essential aspects of Cost Plus Contracting. The course is designed to provide participants with practical knowledge, real-world applications, and actionable insights.



Course Outline

Module 1: Introduction to Cost Plus Contracting

  • Definition and Overview of Cost Plus Contracting
  • History and Evolution of Cost Plus Contracting
  • Types of Cost Plus Contracts
  • Advantages and Disadvantages of Cost Plus Contracting
  • When to Use Cost Plus Contracting

Module 2: Cost Plus Contract Types

  • Cost Plus Fixed Fee (CPFF) Contracts
  • Cost Plus Percentage of Cost (CPPC) Contracts
  • Cost Plus Award Fee (CPAF) Contracts
  • Cost Plus Incentive Fee (CPIF) Contracts
  • Comparison of Different Cost Plus Contract Types

Module 3: Cost Reimbursement

  • Allowable Costs
  • Unallowable Costs
  • Cost Accounting Standards
  • Cost Reimbursement Procedures
  • Auditing and Verification of Costs

Module 4: Contract Pricing

  • Pricing Strategies
  • Cost Estimation Techniques
  • Price Analysis
  • Cost-Plus Pricing
  • Negotiation Techniques

Module 5: Contract Administration

  • Contract Management
  • Contract Monitoring
  • Contract Reporting
  • Contract Closeout
  • Dispute Resolution

Module 6: Risk Management

  • Risk Identification
  • Risk Assessment
  • Risk Mitigation
  • Risk Allocation
  • Risk Management Strategies

Module 7: Contract Negotiation

  • Negotiation Techniques
  • Negotiation Strategies
  • Contract Negotiation Best Practices
  • Negotiation Case Studies
  • Negotiation Role-Playing Exercises

Module 8: Cost Plus Contracting in Practice

  • Case Studies
  • Real-World Examples
  • Best Practices
  • Lessons Learned
  • Group Discussions


Course Features

  • Interactive and Engaging: The course includes interactive elements, such as quizzes, games, and discussions, to keep participants engaged.
  • Comprehensive and Up-to-date: The course covers the latest developments and best practices in Cost Plus Contracting.
  • Personalized Learning: The course is designed to accommodate different learning styles and preferences.
  • Practical and Real-World Applications: The course includes real-world examples and case studies to illustrate key concepts.
  • Expert Instructors: The course is taught by experienced instructors with expertise in Cost Plus Contracting.
  • Certification: Participants receive a Certificate upon completion, issued by The Art of Service.
  • Flexible Learning: The course is designed to be flexible and accessible, with online and offline options.
  • User-Friendly and Mobile-Accessible: The course is optimized for mobile devices and is easy to navigate.
  • Community-Driven: The course includes opportunities for participants to interact with each other and with instructors.
  • Actionable Insights and Hands-on Projects: The course includes practical exercises and projects to help participants apply key concepts.
  • Bite-Sized Lessons: The course is divided into manageable modules, making it easy to fit into a busy schedule.
  • Lifetime Access: Participants have lifetime access to the course materials.
  • Gamification and Progress Tracking: The course includes gamification elements and progress tracking to motivate participants.


What to Expect

Upon completing the Cost Plus Contract A Complete Guide Edition Training Course, participants will have a comprehensive understanding of Cost Plus Contracting, its principles, and its applications. They will be able to:

  • Understand the different types of Cost Plus Contracts and when to use them
  • Apply cost reimbursement principles and procedures
  • Develop effective contract pricing strategies
  • Administer contracts effectively
  • Manage risks associated with Cost Plus Contracting
  • Negotiate contracts effectively
  • Apply best practices in Cost Plus Contracting
Participants will receive a Certificate issued by The Art of Service upon completion, demonstrating their expertise and commitment to Cost Plus Contracting.

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