Description
This course is a one- or three-day offering. This elective course will cover the importance and general requirements of the Independent Government Cost Estimate (IGCE), a detailed estimate of the cost to the government of the supplies or services to be acquired. You will learn what an IGCE is, how it is used, and how to prepare one using the proper tools and techniques. This course will review the uses of an IGCE, as well as the factors that affect it, such as the costs, requirements, and cost estimating.
Learning Objectives
- Understand the necessary steps in developing a cost estimate.
- Utilize the IGCE as a justification for acquisition planning budget requests.
- Understand the elements necessary in an IGCE to support determinations of cost reasonableness and realism.
- Determine the appropriate estimating methods in developing an IGCE.
- Apply the IGCE to support elements of the Draft Statement of Work (SOW).
Pre-Requisites
None
Course ID
IGCE 1-EL / IGCE 3-EL
Length
1 or 3 Days
CLPs
8 or 24
Testimonials
“I would definitely recommend! It was very informational and practical!” – 2020 participant
Let us know what you're interested in
Related Courses