Description
This program covers how to identify contract components, how to classify contracts, and how to determine when a contract is legally enforceable. In addition, students will learn important terms used in reading, interpreting, and negotiating contracts. This program also teaches the questions a project manager should ask during procurement, the skills used to conduct procurement successfully, and the ways to use the scope statement to benefit procurement planning. In addition, this course covers how to solicit and select contractors or vendors, how to use a bid, a proposal, a request for a proposal, and a request for information, and how to evaluate proposals. Finally, this program addresses the methods used to administer and close out a contract, how to develop a system for handling contractual changes, and how to determine when a contract should be terminated.
Audience
Primarily targeted toward project managers and anyone interested in learning project management. Additionally, individuals who are trying to study for PMI's PMP exam.
Prerequisites
(Currently no course prerequisite information)
Objective
Upon completion of this course, the student will be able to:
- Identify contract types.
- Plan procurement.
- Solicit contractors.
- Negotiate contracts.
- Administer and close contracts.
Topics Include
Unit 1: Understanding Contracts
- Identify components of contracts and procurement.
- Identify the conditions that make a contract legally enforceable.
- Identify types of contractual clauses.
- Identify contract classifications.
- Identify common terms used in contracts.
- Identify contract types.
- Identify the purpose of a purchase order.
- Simulation Overview
Unit 2: Planning Procurement
- Identify skills helpful to the procurement process.
- Identify questions you should ask during procurement planning.
- Identify the primary objective of procurement planning.
- Identify the factors affecting procurement planning.
- Identify specification types used during procurement planning.
- Identify the purpose of a make or buy analysis.
- Identify the results of procurement planning.
- Simulation Overview
Unit 3: Planning, Soliciting, and Selecting
- Identify documents needed for soliciting planning.
- Identify documents involved in solicitation.
- Identify the purpose of a bidder conference.
- Identify questions to evaluate proposals.
- Identify proposal evaluation systems.
- Identify the stages of negotiation.
- Simulation Overview
Unit 4: Administrating and Closing Contracts
- Identify the qualities of a good change request handling system.
- Identify project manager responsibilities during contract administration.
- Identify reasons a contract might be terminated.
- Identify the components of contract administration.
- Identify the structures used to address contract administration.
- Identify documents that should be filed as part of contract closeout.
- Identify the purpose of a procurement audit.
- Simulation Overview
Duration
4 Hours
Minimum Requirements
The CDROM version of this course requires:
- At least a 486DX 33Mhz CPU.
- Microsoft Windows 3.1 or higher and a Microsoft compatible mouse.
- At least 8MB RAM.
- At least VGA graphics capability with a minimum 512K video RAM (1MB video RAM recommended).
- At least a double speed CDROM drive.
- An MPC compliant sound card with attached speakers or headphones is recommended (Currently, only the CDROM version supports audio).
The network version of this course requires:
- At least a 486DX 33Mhz CPU.
- Microsoft Windows 3.1 or higher and a Microsoft compatible mouse.
- At least 8MB RAM and 22MB available hard disk space or file server space.
- At least VGA graphics capability with a minimum 512K video RAM (1MB video RAM recommended).
Media
CDROM
Web Based Training
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