SCM 334: Procurement and Contract Management

Class Program
Credits 3
This course is an introduction to the fundamental principles of government and businesses acquisitions protocols and contracting of acquisitions. A full review of Procurement and Contract Management life cycles from planning to development and conclusion are emphasized. Emphasis are also placed on contract and procurement strategies; legal issues; contract pricing alternatives; technical, management and commercial requirements; Request for Proposal (RFP) development; source selection; invitations to bid and bid evaluation; risk assessment; and contract negotiation and administration.