Contract management and performance are at the heart of public procurement, with legally-enforceable contracts fulfilling the needs of our entities, our stakeholders, and our communities at large. As such, public procurement professionals must be able not only to draft and finalize a contractually-binding agreement but also to manage all parties and stakeholders, ensuring that the obligations of both the contractor and entity are fulfilled throughout the life of the contract.
Objectives
Upon successful completion of the certificate, the certificate holder will be able to:
- Analyze the requirements for a project and provide the best solutions for the entity.
- Determine the components and criteria required to successfully award a contract that meets the needs of the end user.
- Describe how to customize terms and conditions in a contract to meet the entity’s needs.
- Evaluate, select, and apply the tools and processes available for a comprehensive procurement plan.
- Analyze the requirements of various internal stakeholders in order to adopt one set of specifications for commonly procured commodities.
- Design contracts that satisfy the shared needs of multiple internal stakeholders to promote efficiency of the procurement function.
- Evaluate cost and price data to determine total cost of ownership to an entity.
- Compare the price of a commodity against the benefit to be derived by the entity to determine whether the expenditure is justifiable.