Cost/Price Analysis

MGMT X 442.14

This course covers the financial analysis of vendor proposals to verify the reasonableness of the quoted prices.

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What you can learn.

  • Identify steps involved in the process of financial contract reviews and analysis on vendor quotes
  • Evaluate sources of cost information
  • Review government and industry approaches on quoted contracts, recognizing the role of the auditors in reviewing, and overseeing cost details

About this course:

This course covers the financial analysis of vendor proposals to verify the reasonableness of the quoted prices. Instruction provides methods of price analysis and techniques to verify the price. Students also learn methods of performing cost analysis on aerospace contracts. Instruction emphasizes the steps involved in the process, sources of information, and application of good analysis methods. Other topics include a review of government and industry approaches and the role of auditors.

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