Unit 3 Lesson 1 ISP.docx - Instructor Support Package Unit of Instruction Lesson\/Activity Plan(s Course ID CON 170 Course Title Fundamentals of Cost and

Unit 3 Lesson 1 ISP.docx - Instructor Support Package Unit...

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Instructor Support Package Unit of Instruction Lesson/Activity Plan(s) Course ID: CON 170 Course Title: Fundamentals of Cost and Price Analysis Unit of Instruction #: Unit 3 (LESSON 1) Unit of Instruction Title: Contracting Strategy Lesson/Activity #: Lesson 1 Lesson/Activity Title: Contract Types, Incentives, and Risks Prepared By: Amy Timmermann Date: Jan 2017 (for use w/ Jan 2017 SG) UNIT OVERVIEW Brief description of the unit design, intent and how it supports or fits into the course. This Unit of Instruction is composed of: One (1) Lesson/Activity Plans and Zero (0) Student Assessments This unit of instruction about the basics of contract types, incentives, and understanding risk is meant to be facilitated via lecture to the students. TLO(s) COVERED TLO : 3.1 Given acquisition situations, determine an appropriate contracting strategy, including the contract type and other incentives. ELO(s) : ELO 3.101 Explain the policies and factors involved in selecting contract type. ELO 3.102 Recognize key risk elements of cost, performance, and schedule.
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ELO 3.103 Describe conditions for use of the different fixed price contract types, emphasizing the geometry and enforceability of the Fixed Price Incentive Firm (FPIF) contract type. ELO 3.104 Given a Fixed Price Economic Price Adjustment scenario, calculate the adjusted price. ELO 3.105 Describe conditions for use of the different cost reimbursement contract types, emphasizing the geometry and enforceability of the Cost Plus Incentive Fee (CPIF) contract type. ELO 3.106 Describe conditions for appropriate use of the following contract types: Time and Material, Level of Effort, and Labor Hour contracts. ELO 3.107 Given an acquisition scenario, create an appropriate contracting strategy which includes a contract type and any additional incentives. CON170, Unit 3 Lesson 1 – Contract Types, Incentives, and Risks - Page | 2
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Lesson / Activity Plan LESSON/ACTIVITY DETAILS Planned Academic Time Required: 4.5hours The time for this lesson/activity plan is broken out as follows: Instructor-facilitated Discussion Classroom Exercises Group Work Planned Breaks Assessments 3 hours N/A minutes 60 minutes N/A minutes 30 minutes (3 x 10 min each) N/A minutes Support Requirements – Check all that apply to this lesson/activity Equipment Required/Desired NOTE: 1st box is Required 2nd box is Desired COMPUTERS Instructor w/ Projection Capability One per Student One per 2 Students One per Group Printer Easel w/ Paper and Pens per group Whiteboard Internet Access Student Response System Calculators Video Player Software/Related and Hardware Required/Desired NOTE: 1st box is Required 2nd box is Desired BB/ATLAS Interface MS Office Suite MS Project Standard load plus explorer applets (JAVA, Flash, etc.) Palisade's Decision Tools Suite ACEIT (and COSTAT) Calculator CAC Reader w/ software Steelray Analyzer DAMIR (replaced CARS)
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