MGT5214: Cost Princ Eff & Control, Summer 2024,

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MGT 5214  Cost Principles, Effectiveness and Control (Summer 2024)

 

Instructor Name Prof. Leo Sydlik

Email sydlikl@fit.edu

 

Phone 410-937-1489

 

Objective

 

To provide the student with an understanding of estimating and pricing prim contracts and subcontracts and to provide an opportunity for analysis of problems relating to these functions.

 

Textbooks

 

Guide To Contract Pricing 5th edition by John Edward Murphy ISBN 978-1-56726-241-4

 

Materials

 

Federal Acquisition Regulation

 

Prerequisites

 

MGT 5211 Procurement and Contract Management

GRADING POLICIES

 

This course is evaluated on a point system. Students have multiple opportunities to build course points, but they are limited by the course requirements.

Electronic assignments must be submitted according to the posted instructions. These will not be accepted via hand-delivery, facsimile, or email. No late assignments will be accepted under any conditions. The consistent meeting of deadlines is critical to success in this course.

Homework assignments may be brainstormed in groups, but each student is expected to submit his or her work individually.

Assignments that are exactly or virtually identical will result in each student involved receiving a zero for that assignment.

 

Grading and Assignments: Evaluations is based on the timely performance on:

 

Conference Session attendance and participation: 0%

Threaded Discussions: 40%

Quizzes: 20%

Homework Cases/Memos: 30%

Term Paper: 10%

 

Final Grade Scale:

 

The preponderance of the on-line component of this class is built around the readings, conference sessions and threaded discussions. Conference sessions shall be held every Tuesday night at 8:00 PM Eastern Standard Time beginning on Tuesday May 14, 2024 at https://cas.fit.edu/cas/login. Discussion threads will also be part of the course curriculum. We will utilize the online chat sessions and discussion threads to exchange knowledge and invoke dialogue within the class. Also, the participation within these conference sessions and threads will ensure that each student practices crafting concepts and theories learned, discuss knowledge, and shares personal with the topic at hand.

 

On-Line Discussion Threads and Class Participation = 40%

The preponderance of the on-line component of this class is built around the readings, conference sessions and threaded discussions. Conference sessions shall be held every Tuesday night at 8:00 PM Eastern Standard Time beginning on Tuesday night 8:00 PM EST May 14 2024, at https://courses.fit.edu/default.asp. Discussion threads will also be part of the course curriculum. We will utilize the online chat sessions and discussion threads to exchange knowledge and invoke dialogue within the class.

Also, the participation within these conference sessions and threads will ensure that each student practices crafting concepts and theories learned, discuss knowledge, and shares personal perspectives with the topic at hand.

About once a week we will conduct conference session which is posted on the Syllabus. This conference session may last up to an hour and a half. All Conference sessions are strictly voluntary and are not graded. However, you are strongly encouraged to attend the weekly conference sessions. These sessions shall be recorded and then emailed and posted weekly so that students who do not attend the voluntary conference sessions can follow along. A course participation grade will be based on the professor's assessment of the quality of the student's constructive contributions to the learning experiences of all course participants. A high participation grade may be earned by answering as well as asking text-informed questions about course subject matter, but simply attending and contributing with short, unsupported comments will not earn participation credit. Make your exchanges orderly, cooperative, informed--in short, constructive. You should strive to always be involved in class discussions, but no one student should dominate any discussion. (Adopted from Dr. B. Cowles model statement, CMU, East Region).

 

 

You will also be expected to provide an initial posting and post a substantive response to four (4) of your fellow students’ responses. Please allow as much time as possible for this part of the course to give each of us the maximum time to exchange dialogue within the threads. Last minute postings of threads will limit the amount of knowledge exchange, thus minimizing the learning process. Also, on-line peer response(s) are due NLT 4:30 PM EST following the Tuesday posts to receive full credit.

These posting and responses should not be simple. They should be a supported in-depth reply. An example response to a peer is: I disagree with your posting on when not to negotiate. I feel that in my organization that we cannot control the Contracting Officer Representatives (COR) and we have a duty to instruct all parties about the duties and responsibilities of CORs as well as Contracting Officers responsibilities in accordance with DFAR 201.602-2 (2) (iv) entitled Responsibilities Do you feel this similar situation happens within your organization?

 

Quizzes: 20% 

Two (2) quizzes will be posted on the Canvas Web Site under Course Materials. These Quizzes will be take home assignments. Students are expected to provide complete and accurate answers which are supported by our chat sessions, textbook as well as threaded discussions. Short, unsupported comments will not be accepted as an answer.

 

Homework 30%

Three (3) Homework Cases/Memos: 30% Students will be assigned problems, chapters, and topics from the text (or provided by the instructor) to be researched and presented in a referenced memo. Depending on the topic, it may be necessary to assign teams of two or more students to each assignment.

 

15 Page Research Paper 10%

 

Students are required to submit a Term paper minimum 15 pages in accordance with the MLA Format. Your subject for this term paper must be related to this course and shall be reviewed and approved by me before you can begin. Incomplete Term papers, Term Papers from another course, or Term papers written without my review and approval of your topic beforehand shall not be accepted and shall automatically receive a grade of F.

 

 

 

 

Course Schedule:

Week 1 Tuesday May 14, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 1 Basic Pricing Policy and Concepts. Threaded Discussions due by Tuesday May 21, 2024, 4:30 PM EST.

May 15, 2024, Last day to register, add a class, or drop a class with full tuition refund and without receiving a grade of W, 8-, 9- and 11-week terms

 

Week 2 Tuesday, May 21, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 2 Contracting Methods and Contract Types Pricing Implications Threaded Discussions due by Tuesday, May 28, 2024, 4:30 PM EST.

 

Week 3 Tuesday May 28, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 3 Price Analysis Assignment: Homework Case/Memo due by Tuesday, June 4, 2024, 4:30 PM EST. Threaded Discussions due by Tuesday June 4, 2024, 4:30 PM EST.

 

Week 4 Tuesday June 4, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 4 Cost principles and Cost Clarifications. Threaded Discussions by Tuesday June 11, 2024, 4:30 PM EST.

 

Week 5 Tuesday, June 11, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 5 Obtaining Cost or Pricing Data Threaded Discussion due by Tuesday June 18, 2024, 4:30 PM EST. Quiz Chapters 1 through 5 due by Tuesday June 18, 2024, 4:30 PM EST.

 

Week 6 Tuesday June 18, 2021: Zoom Conference scheduled for 8:00 PM EST Chapter 6 Analysis of Direct Labor Costs. Threaded Discussions due by Tuesday, June 25, 2024, 4:30 PM EST. Assignment: Homework Case/Memo due by Tuesday, June 25, 2024, 4:30 PM EST.

June 25, 2024, Last day to withdraw from a class with a final grade of W, 8-, 9- and 11-week terms.

Week 7 Tuesday June 25, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 7 Analysis of Direct Material and Other Direct Costs. Threaded Discussion due by Tuesday, July 2, 2024, 4:30 PM EST.

 

Week 8 Tuesday July 2, 2024: Zoom Conference scheduled for 8:00 PM EST Chapter 8 Analysis of Indirect Costs.  Threaded Discussion due by Tuesday July 9, 2024, 4:30 PM EST. Assignment Homework Case/Memo due Tuesday July 9, 2024, 4:30 PM EST.

Week 9 Tuesday July 9, 2024, Zoom Conference scheduled for 8:00 PM EST Chapter 9 Facilities Capital Cost of Money.  Threaded Discussion due Tuesday July 16 ,2024, 4:30 PM EST.

 

Week 10 Tuesday July 16, 2024, Zoom Conference scheduled for 8:00 PM EST. Chapter 10 Profit or Fee Determination & Chapter 11 Pricing Equitable Adjustments for Contract Changes.  Research Paper due by July 23, 2024.  Threaded Discussion due by Wednesday July 31, 2024, 4:30 PM EST. Quiz Chapters 6 through 11 due by Thursday, July 25, 2024, 4:30 PM EST.

 

Other Items

 

General Class Policy: Late Assignments: You are expected to have read and studied all assigned material and handouts for the week before class. All assignments must be submitted on time late submissions will not normally be accepted. Electronic submissions to the drop box are recommended. Make-ups and Rewrites: Only extreme or emergency situations merit a make- up. Since any make-up exam will be more difficult than the original exam, they are strongly discouraged. Any uncoordinated, unexcused missed assignment or exam will result in a score of zero. Please let me know in advance and keep me informed of any situation that may result in a request for make-up. Attendance Policy: Regular attendance is expected. Attendance will be a factor in determining participation. Class Participation: A course participation grade will be based on the professor's assessment of the quality of the student's constructive contributions to the learning experiences of all course participants. A high participation grade may be earned by asking text-informed questions about course subject matter, but simply attending and contributing with short, unsupported comments will not earn participation credit. Make your exchanges orderly, cooperative, informed--in short, constructive. You should strive to always be involved in class discussions, but no one student should dominate any discussion. (Adopted from Dr. B. Cowles model statement, CMU, East Region.

Conference sessions will be scheduled every Tuesday evening at 8:00 PM Eastern Standard Time beginning on Tuesday, May 18, 2021.

NOTICE TO COURSE PARTICIPANTS

This course may be recorded for use by students or faculty. Enrolled students are subject to having their images and voices recorded during classroom presentations, remote-access learning, and online course discussions.  Course participants should have no expectation of privacy regarding their participation in the class. Recordings may not be reproduced, shared with those not registered in the course, or uploaded to other online environments. All recordings will be deleted at the conclusion of the academic term. 

 

DISCLAIMER This Syllabus is subject to change according to the needs of the class as deemed appropriate by the instructor. Any necessary changes will be communicated to you via the online component in the "Announcements" section of the Course Home and will remain posted for one week.

 

Academic Policies

 

Academic Honesty

 

Academic honesty is highly valued in Florida Tech's online courses. The student must always submit work that represents original words or ideas. If any words or ideas are used that do not represent those original words or ideas, the student must cite all relevant sources and provide a clear definition of the extent to which such sources were used.

 

Words or ideas that require citation include, but are not limited to all hard copy or electronic publications, whether copyrighted or not, and all verbal or visual communication when the content of such communication clearly originates from an identifiable source. In the Florida Tech online course, all submissions to any public meeting, bulletin board or private mailbox fall within the scope of words and ideas that require citations if used by someone other than the original author.

 

Academic dishonesty in an online learning environment could involve:

 

Having a tutor or friend complete a portion of the student's assignments,

Having a reviewer make extensive revisions to an assignment,

Copying work submitted by another student to another public class meeting, Using information from online information services without proper citation.

 

Any of these practices could result in charges of academic dishonesty.

 

Please see the University's policy on academic dishonesty, cheating and plagiarism.

 

Confidentiality

 

We are all bound by confidentiality in this class. Possibly, students may want to discuss their company and its policies and procedures as applied to the class material. Perhaps the student will want to provide a paper on a company confidential project. In order to assure that we can have a free and open discussion, it is expected that each student will respect the confidentiality of any materials that classmates are willing to share.

 

Incomplete Grade Information

An I is given for incomplete work that has occurred because of circumstances beyond the student's control. It indicates that the work of the student in the course is qualitatively satisfactory and that there is reasonable expectancy that completion of the remaining work would result in a passing grade. The instructor will furnish the head of the department with a statement of the work to be completed. The student must complete the work at the earliest possible time, but prior to the end of the sixth week of the following semester unless an earlier deadline is established at the time the I is recorded and the student is notified of this fact. A waiver of the six-week limitation requires special written permission of the cognizant dean. The I will automatically become an F at the beginning of the seventh week unless an approved waiver has been filed with the Office of the Registrar.

 

Withdrawal Policy

May 15, 2024, Last day to register, add a class, or drop a class with full tuition refund and without receiving a grade of W, 8-, 9- and 11-week terms.

June 25, 2024, Last day to withdraw from a class with a final grade of W, 8-, 9- and 11-week terms.

  Please consult the academic calendar for the exact date for your course. Refer to the university's Web site for the complete Drop/Withdrawal Policy.

 

ADA Accommodations

 

Please contact the Office of Disability Services at (321) 674-8285 or disabilityservices@fit.edu with any specific ADA accommodations you may need as you work to meet the course requirements.

 

What is Title IX?

 

Title IX of the Educational Amendments Act of 1972 is the federal law prohibiting discrimination based on sex under any education program and/or activity operated by an institution receiving and/or benefiting from federal financial assistance.

 

Behaviors that can be considered "sexual discrimination" include sexual assault, sexual harassment, stalking, relationship abuse (dating violence and domestic violence), sexual misconduct, and gender discrimination. You are encouraged to report these behaviors. Reporting

 

Florida Tech can better support students in trouble if we know about what is happening. Reporting also helps us to identify patterns that might arise - for example, if more than one complainant reports having been assaulted or harassed by the same individual.

 

 

 

Florida Tech is committed to providing a safe and positive learning experience. To report a violation of sexual misconduct or gender discrimination, please contact the Title IX Coordinator at titleixcoordinator@fit.edu or 321-674-8700. * Please note that as your professor, I am required to report any incidences to the Title IX Coordinator.

 

Technical Support

 

Computer Requirements

 

The following requirements are for a basic Distance Learning configuration. The basic tools required are a high speed internet connection and a modern web browser. Certain courses may have other requirements, such as streaming video players (e.g. Flash) or other supplementary technologies. Contact your instructor for details if you feel this might be the case.

 

Internet access: Students must have their own Internet Service Provider, which is not supplied by an employer either in the private or public sector, in order to take a Distance Learning course. Exceptions may be granted on a case-by-case basis by the instructor prior to the beginning of the semester. You must have full, unrestricted access to the Internet and email. (Note: Businesses and government agencies often use firewalls to limit network access for their employees. This limited access often causes problems for students, which is why having your own service provider is required.)

 

Hardware: Any recently manufactured (4 years or less) computer will be sufficient to access Florida Tech's Learning Management System and perform assigned work. A monitor capable of displaying at least 1024 x 768 pixels is recommended.

 

Internet browser: Canvas supports most modern browsers; Firefox, Chrome, and Safari seem to work the best. Other applications may work better depending on your browser, so if a feature you're using isn't working like you expect it to, it may help to try the same steps in a different browser. If you need assistance checking your browser's compatibility, contact General Technical Support, 321-674-7284, techsupport@fit.edu.

 

Mobile Apps: Canvas has an app for iOS and Android.

 

E-mail: You must be able to access and are responsible for correspondence sent to your @my.fit.edu email address. By default Canvas will send some notifications to this address. You can change where and how often you receive these notifications in your Canvas Notification Preferences.

 

Sending attachments: You must be able to send and receive e-mail and e-mail attachments using Microsoft Word and Excel file formats. If you use one of the recommended browsers, it will automatically take care of the setting the preferences that your computer will need for sending and receiving attachments. Note that you will also need an application suite that can read and write these file formats (such as MS Office, OpenOffice or iWork) installed on your computer. Google Drive also supports these document types.

 

Antivirus Software: Current antivirus software is required for all devices connecting to the Florida Tech network, and is recommended for use in general. Free and discounted software is available to students.

 

Library Resources and Services

 

Library resources and services are available to distance learners through the Library website. Consult the Distance Learning Library Services & Resources research guide for access and other information.

LMS Assistance

 

Begining in Fall 2014, courses will no longer be in ANGEL. Instead, they will be in Canvas. Log into Canvas to find your courses. If you have trouble logging in, contact General Technical Support, 321-674-7284, techsupport@fit.edu.

Hover your mouse over the Courses menu to see your courses. Click on a course to enter it. Are you missing a course? (Course enrollments are automated via Access and may take up to 24 hours to process.)

Need help with something in Canvas? Click on the Help link inside Canvas! In addition to guides and manuals, you can call, chat, email, or submit a support ticket.

 

Canvas Help is available 24 hours a day, 7 days a week.

NOTICE TO COURSE PARTICIPANTS

This course may be recorded for use by students or faculty. Enrolled students are subject to having their images and voices recorded during classroom presentations, remote-access learning, and online course discussions.  Course participants should have no expectation of privacy regarding their participation in the class. Recordings may not be reproduced, shared with those not registered in the course, or uploaded to other online environments. All recordings will be deleted at the conclusion of the academic term.