Cost and Procurement Management

This course provides the basics for effectively managing the financial aspects of a project. Through group discussion, workshops, and real world examples, participants use tools and basic methods for identifying, estimating, tracking, and managing all project costs. Also, 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. This course will work through those special requirements of projects involving external contracting.