Program Calendar

In-depth orientation about the responsibilities of contract administration professionals and the challenges that typically arise during the manufacturing cost estimating process and the contract life span. Participants will learn proactive approaches to successfully achieve profitability, and improve customer satisfaction.

This training uses interactive approaches, discussions, exercises, and case studies for contract term analysis. Management of changes will be discussed, along with evaluation of performance base cases, and dispute remedies.

Statement of Work
Scope
Specifications
Quantities

Types of Cost Estimates
Lump Sum vs. Unit Price
Based on Costs
Incentives
Others …

The Manufacturing Costs Estimating Process.
Material
Equipment
Labor
Indirect Costs
Overhead & Profit

Contract Setup Process
Contract Setup
Contract Administration
Contract Closeout

Practical Case Study and Team Exercises.

Event Closeout

Participation Certificate Handout.