Project Management Part 9 Contracts and Procurement

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.