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CEBoK™

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“Foundations for the practice of Cost Estimating and Analysis.”

 


From Module 7: Learning Curve Analysis

Interactive, Computer-Based Modules . . .

The Cost Estimating Body of Knowledge (CEBoK™) is SCEA's official training course material, developed in collaboration with Northrop Grumman and conveniently available in CD-ROM. CEBoK™ expands on the foundation set by its predecessor product, CostPROF™, offering enhanced content and new topics. It is a user-friendly cost estimating and analysis training resource, with information organized into 16 interactive modules within five general subject areas, designed to cover all of the topics that represent the body of knowledge that SCEA promotes and tests for in the CCEA exam. The modules are designed to facilitate self-study and study in small groups, or can be used effectively in a classroom environment. In Microsoft PowerPoint Notes Pages format (slide on top half, notes on bottom), the notes explain the bullets, equations, charts, graphs or other features on each slide. In Slide View format, each module contains links to other modules for quick review of past topics or exploration of related topics, as well as interactive links to a glossary and Student Workbook (in Excel format), wherein the learner can automatically tie into an associated practice problem for instant feedback and reinforcement. Other features of benefit to the student are Callouts (to call attention to important details), Banner Boxes (to make a main point on a slide), Tips (helpful insights gained from experience), Warnings (cautions against common errors), Excel-specific tips, Definitions and Alternate Terms, and Citations (the source of specific material). Each module concludes with a Summary and a listing of associated Resources for further study, and several modules contain treatment of Advanced Topics that go beyond the core material of the module.


Whether you're just entering the Cost Estimating/Analysis profession, are planning to take the Certified Cost Estimator/Analyst (CCEA) exam or are simply looking to upgrade your skills, the CEBoK™ CD-ROM is a "must have" addition to your reference library.

If you are looking for a cost-effective method for providing instruction to larger groups of people within your organization, SCEA can provide on-site training, using pre-qualified, SCEA-approved instructors who
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have the requisite depth and breadth of knowledge and are also expert teachers in the field. This option allows the material to be customized to the specific needs and interests of the organization and touches a large portion of the work force at once, thereby promoting standardization of skills and knowledge base across the organization. SCEA will provide the required instructors at the organization’s facility and a CD-ROM for each student. Prices are negotiable, based on the number of people to be trained, the location(s), and the amount of tailoring required.

For further information on in-house training options, contact our Director of Training, Peter Braxton, at703-449-3623 or peter.braxton@ngc.com.

The Most Comprehensive Material . . .

The 16 modules, separated into five general subject matter areas, are designed to cover all of the topics that represent the body of knowledge that SCEA promotes. Mastery of this body of knowledge demonstrates one’s expertise as a fully-qualified estimator or analyst, a designation that can be confirmed by taking and passing the CCEA exam.

Section 1: Cost Estimating
1. Cost Estimating Basics: introduction, overview, cost products, cost estimating process
2. Costing Techniques: using costing techniques, comparison of techniques
3. Parametric Estimating: basics of parametrics, parametric estimating process

Section 2: Cost Analysis Techniques
4. Data Collection and Normalization: importance of data, key principles, collection
    considerations, collection process, collection techniques, sources, normalization
5. Inflation and Index Numbers: inflation and cost estimating, concepts and definitions,
    indices, tables and escalation procedures

Section 3: Analytical Methods
6. Basic Data Analysis Principles: types of data, univariate data analysis, scatter plots,

    data validation, visual display of information
7. Learning Curve: theory, application, advanced topics
8. Regression Analysis: bivariate data analysis, regression models, preliminary

    concepts, linear regression, non-linear models, selecting models
9. Cost and Schedule Risk Analysis:  types of risk, risk modeling, risk management,

     cost growth analysis, schedule risk analysis
10. Probability and Statistics: measures, probability distributions, Monte Carlo

      Simulation considerations, process, and techniques, sources, and normalization


Section 4: Specialized Costing
11. Manufacturing Cost Estimating: process overview, functional cost elements, labor
      and material estimating,  issues
12. Software Cost Estimating: software development process, approaches, drivers,
      estimating techniques, challenges, data collection, models


Section 5: Management Applications
13. Economic Analysis: principles, process, special cases
14. Contract Pricing: process, types, Basis of Estimate (BOE) documentation,
       standards
15. Earned Value Management: EVM components, analysis, risk management
      integration, rules of thumb, tools
16. Cost Management: Total Ownership Cost (TOC), Cost as an Independent Variable
      (CAIV), target costing, Activity-Based Costing (ABC), initiatives and cost
      estimating

Whether you are a seasoned analyst looking to refresh your skills and/or take the Certified Cost Estimator/ Analyst examination or an intern, newly introduced to the field of cost estimating and analysis, the CEBOK™ modules are intended to provide you with the one concise and all-inclusive collection of study materials that will help you attain your professional education goals.

 

System Requirements:
   ~ Microsoft Excel 2000 or later.
   ~ CEBoK™ is not an application
   and therefore requires no installation.
   CEBoK™ is a Microsoft Excel
   macro based tool

Updates/Bug Fixes:
   ~ CEBoK™ v1.0 Glossary