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Procurement, Contract and Cost Management

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Summary:
More and more companies are outsourcing large "pieces" of projects to third parties. The need for contract and procurement management has never been higher. When part of a project is bought from another organization, an additional layer of complexity and risk is introduced to the project. Procurement, Contract, and Cost Management focuses on the special requirements of projects involving external contracting. This course also provides the basics for effectively managing the financial aspects of the project. Through group discussion, workshops and real world examples, participants use tools and basic methods for identifying, estimating, tracking and managing all project costs.

Duration:
1 1/2 Days/Lecture & Lab

Audience:
This course is designed for project managers in the Information Technology industry need to become better project managers.

Topics:

  • Overview of Procurement and Contract Management
  • Contract Management
  • Contract Administration
  • The Project Manager's Role in Contract Management
  • Overview of Cost Management
  • Cost Planning
  • Cost Control

Prerequisites:
There are no prerequisites for this course.




Last Update: May 19, 2013