PJM-540 Procurement and Vendor Management
This course examines the processes and techniques through which goods and services are acquired in the project management environment. Course topics include: contract and procurement strategies; legal issues; contract pricing alternatives; technical, management and commercial requirements; RFP development; source selection; invitations to bid and bid evaluation; risk assessment; and contract negotiation and administration.
Advisory: Students should have successfully completed PJM-510: Project Management and PJM-520: Project Leadership and Communication before beginning this course.
Prerequisite
PJM-510, PJM-520