Developing Independent Government Cost Estimates (IGCE) are an important planning tool to help the government understand the potential cost of a contract. Students will learn the process and key considerations for developing IGCEs, as well as be provided with examples to assist with future IGCE preparation.
· Explain the purpose of the Independent Government Cost Estimate (IGCE)
· Describe the major elements of the cost estimate
· Discuss the steps in the cost estimating process
· Select appropriate estimating methods
· Develop an IGCE