Course

Course Summary
Credit Type:
Course
ACE ID:
PMLG-0004
Organization's ID:
Contract Vendor Management
Organization:
Project Management Leadership Group, Inc.
Location:
Classroom-based
Length:
8 hours (1 day)
Dates Offered:
Credit Recommendation & Competencies
Level Credits (SH) Subject
Upper-Division Baccalaureate 1 Management or Project Management
NOTE: To receive credit, the student must complete this course plus two other courses from Cost Management, Effective Negotiation Skills, Facilitation and Communication, How to be a Great Project Leader, or Requirements Management Workshop.
Description

Objective:

To provide preparation to effectively manage contracts by relating project deliverables to contracts.

Learning Outcomes:

  • Understand contracts and procurement management
  • Develop contract risks
  • Determine risks
  • Tie project deliverables to contracts
  • Understand contract terms
  • Identify the elements of contract management
  • Differentiate contract types
  • Prepare contract proposals
  • Apply techniques that reduce contractor/vendor risks

General Topics:

  • The relationship of procurement management to the PMBok Guide, understanding what procurement management entails, understanding different contract types, developing a procurement management plan, planning and understanding the process of solicitation, the basics of negotiation, determining how to select vendors based on evaluation criteria, and understanding the process of contract administration. Methods of instruction include lecture, discussion, audio visual materials, case studies, practical exercises, learner presentations, classroom exercises, and examinations
Instruction & Assessment

Instructional Strategies:

  • Audio Visual Materials
  • Case Studies
  • Classroom Exercise
  • Discussion
  • Learner Presentations
  • Lectures
  • Practical Exercises
Supplemental Materials