Online Advanced Contract Management Course

8-Week Course

8 Continuing Education Units

80 Military Clock Hours

About the Course

Advanced Contract Management covers topics such as negotiation, earned value management, subcontract management and advanced contract formation. Students can learn and explain important terminology, facts, concepts, principles and theories used in the acquisition management field. The students can be prepared to apply the important terminology, facts, concepts, principles and theories in the field of contract management and to analyze simple to moderately complex factual acquisition management situations to applying the major concepts and theories of the psychology of bargaining and negotiation to real world issues.

Many Certified Professional Contract Manager (CPCM) candidates are often challenged by business competencies that are typically seen in several industries, including government, within the contract management process.

This course will provide in-depth analysis and discussion on these business topics while offering a certification preparation section featuring hundreds of test-prep questions for the CFCM, CCCM, and CPCM exams.

Advanced Contract Management helps prepare students to sit for the Certified Federal Contract Manager (CFCM), Certified Commercial Contract Manager (CCCM) or Certified Professional Contract Manager (CPCM) Certification.

Prerequisites for this course:

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Curriculum

8 Week Course

Week 1

The Contract Management Framework

Explain the contract management framework
Discuss business requirements
Discuss special knowledge areas of contracting

Week 2

Contract Management Body of Knowledge (CMBOK) Overview

Discuss contract management body of knowledge structure
Explain leadership competency in contracting

Week 3

Management Competency

Describe various management competency methods
Explain supply chain management

Week 4

Guiding Principles Competency

Describe the regulatory compliance
Explain the government’s standards of conduct and contract principles
Discuss team dynamics in contracting

Week 5

Pre-Award Life Cycle Phase

Describe the pre-award process
Discuss how a solicitation is developed
Explain the seven steps to performance-bases acquisitions

Week 6

Award Life Cycle Phase

Describe the award process
Discuss contract negotiations
Explain how to manage legal conformity

Week 7

Post-Award Life Cycle Phase

Describe the post-award process
Explain administrating a contract
The relationship between prime contractor and subcontract

Week 8

Learning Competency and the CMBOK Lexicon

Discuss the continuous learning options such as training, certification and various other educational opportunities
Discuss the CMBOK lexicon

Learning Objectives

Skills Learned

Agile Marketing Leadership Negotiation Business Strategy Financial Planning Performance Management Conflict Resolution

What You’ll Study

Proposal Preparation

Marketing and Business Goals
Pricing and Return on Investment
Negotiation Objectives and Priorities
Award Types

Supply Chain

Strategic Sourcing
Bidding Documents
Performance Measurement
Dispute Resolution

Pre Award

FAR
Explanation of Source Selection Plans
Evaluation Factors
Dispute Resolution

Post Award

Performance Analysis
Cost Monitoring

Subcontracts

Trouble Spots on Team Agreements
Subcontract Proposal Preparation
Post Awards in Subcontracting

Miscellaneous

Agile Methodology
Leadership Importance
Financial Awareness
Industry Certification

Operations Management

Earned Value Management Requirements
Role of Operations Management
Collaborative Planning
Forecasting
Value Chain Model

Related Certificate Programs

Contract Management Certificate

24 Weeks

3 Courses

$5,883+

Prepare to effectively manage contracts in the private and public sectors.

Certification Prep Certification Available

Tuition & Payment

Total Course Cost

$2,495

Course offerings and associated prices are subject to change without prior notice. Pricing for multi-course certificate programs varies depending on course selection. View the Professional Education Catalog for more information on the courses and programs.

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