This webinar will address the following important aspects of Cost Estimating Systems and the keys to compliance success: 
  • Differences in estimating system requirements between the DFARS (Defense Federal Acquisition Regulation Supplement) compared to the FAR (Federal Acquisition Regulation) 
  • Applicability of DFARS estimating system requirements 
  • Key estimating system criteria 
  • Significant estimating system deficiencies 
  • Disapproval of estimating system 
  • Withholding provisions for disapproved estimating system 
  • Keys to a successful estimating system compliance approach 
    • Internal Control Methodology for Compliance (COSO) 
    • Estimating system objectives and compliance risk analysis 
    • Documentation of estimating system processes and key controls 
    • Design gaps 
    • Operating effectiveness (testing) 
    • Remediation of deficiencies 
    • Training and monitoring requirements 
This program is not available for CLE, CPE, CLP or other credits as a live program.