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The Procurements and Contract Management Certificate focused on core competencies recognized by the National Contract Management Association. The program demonstrated learners’ commitment to continuing education and prepared them for Contract Management success. Coursework addressed the most up-to-date information available in the procurement and contracting fields – whether commercial, government or international.
Students developed a solid understanding of the contracting process and key elements of procurement and acquisition, including contract formation, negotiation, financial analysis and risk management. They also explored new business areas such as global outsourcing, international contracting, doing business with the federal government and building strategic alliances.
After completing this course, students:
- Gained an understanding of the contract life cycle, subcontracting, outsourcing, developing strategic alliances, negotiation, financial analysis, and implementation
- Explored the components and processes of commercial and government contracting
- Expanded their awareness of legal issues regarding contract design and management
- Understood key aspects of the purchasing and procurement process
- Implemented details that shape the contracting process for goods and services
- Utilized negotiation frameworks and tools
- Understood and explained the foundational competencies and subject matter competencies of the National Contract Management Association's (NCMA) Contract Management Body of Knowledge (CMBOK), 4th Edition