Understanding Learning Curves in Cost Estimates
Delivery Method:
Contact Hours:
Registration:
Course Description:
Type: self-paced, online
Description: This Procurement U microlearning explores how learning curves can affect the efficiency of performance. The course discusses accounting for learning curves when planning procurements and illustrates how learning curves may play a role in the cost-estimating process. A learning curve may also be referred to as an improvement curve or an experience curve.
Course Technology Requirements:
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Internet connection
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Support web browsers:
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Recommended: Chrome, Firefox, Safari (latest versions)
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If prompted, accept all cookies and allow popups
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Access to Procurement U LMS
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Ability to play and listen to audio through computer speakers or headphones
Suggested Audience: Public procurement professionals or other government employees seeking to gain a basic understanding of learning curves and their significance within cost estimates and performance standards.
Contact Hours: This course offers 15 minutes (.25 Contact Hours) for continuing education credit.
Universal Public Procurement Certification Council (UPPCC) Certification Alignment:
Certified Professional Public Buyer (CPPB)
o Domain II. Procurement Life Cycle: Pre-Solicitation Planning:
o Competency J. Recognize and apply risk management strategies
o Domain III. Procurement Life Cycle: Sourcing & Supplier Selection:
o Competency E. Evaluate solicitation respondents and responses
Certified Public Procurement Officer (CPPO)
o Domain I. Procurement Organizational Business Principles:
o Competency C. Analyze risk and recommend management strategies throughout the procurement life cycle process
o Domain III. Strategic Procurement Planning:
o Competency B. Conduct analyses to support strategic procurement activities
o Domain IV. Sourcing & Supplier Selection:
o Competency D. Establish and manage the sourcing and approval process
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Understanding Tariffs and Their Impact on Public Procurement
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Understanding Artificial Intelligence (AI) in Public Procurement
