Purpose: This course educates military and civilian personnel on advanced cost analysis and cost management principles, theories, and application. This course is not intended to teach the mechanics of GFEBS, but will provide the critical knowledge needed to leverage GFEBS to its full potential and develop leaders’ ability to think critically about controlling and managing costs while fully supporting commanders and the mission.
Scope: This course provides in-depth instructions related to cost analysis and cost management concepts, theories, and application. The first week of this course reinforces the material from the Principles of Cost Analysis and Management (PCAM), but also introduces more advanced concepts and practical exercises. The last two weeks focuses on the application of concepts by providing several case studies and practical exercises that progressively get more complex.