Advanced Contract Management
Overview
Advanced Contract Management covers topics such as negotiation, earned value management, subcontract management, and advanced contract formation. The students will know and explain important terminology, facts, concepts, principles, and theories used in the acquisition management field. The students will be able 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.
55.25 PDUs | 8 Continuing Education Units
80 Military Clock Hours | 10 Military Clock Hours Per Week
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.
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
Curriculum
8 Week Course
The Contract Management Framework
- Explain the contract management framework
- Discuss business requirements
- Discuss special knowledge areas of contracting
Contract Management Body of Knowledge (CMBOK) Overview
- Discuss contract management body of knowledge structure
- Explain leadership competency in contracting
Management Competency
- Describe various management competency methods
- Explain supply chain management
Guiding Principles Competency
- Describe the regulatory compliance
- Explain the government’s standards of conduct and contract principles
- Discuss team dynamics in contracting
Pre-Award Life Cycle Phase
- Describe the pre-award process
- Discuss how a solicitation is developed
- Explain the seven steps to performance-bases acquisitions
Award Life Cycle Phase
- Describe the award process
- Discuss contract negotiations
- Explain how to manage legal conformity
Post-Award Life Cycle Phase
- Describe the post-award process
- Explain administrating a contract
- The relationship between prime contractor and subcontract
Learning Competency and the CMBOK Lexicon
- Discuss the continuous learning options such as training, certification and various other educational opportunities
- Discuss the CMBOK lexicon
If you’re going to pay by credit card, you can either get started with installment payments or pay in full. Just let your enrollment representative know the option that works best for you.
Corporate Tuition Assistance
-
Corporate TA
Corporate tuition assistance is paid by your employer. You will need to provide appropriate forms for processing, prior to enrollment. Subject to employer benefit policies.
-
Deferred Corporate TA
Pay tuition now and have your employer reimburse you. Additional documentation will be needed to process this payment. Subject to employer benefit policies.
Military Benefits
Active Duty
Villanova offers a 15% savings, per certificate course, to active-duty servicemembers, Guardsmen and Reservists (upon verification of military status).
Veterans
Villanova offers a 15% savings, per certificate course to veterans (upon verification of military status). You may also use your Department of Veterans Affairs (VA) education benefits for many of Villanova’s 100% online non-credit programs, based upon your individual eligibility.
Spouses and Dependents
Villanova offers a 15% savings, per certificate course, to active-duty servicemembers, veterans, Guardsmen, Reservists and their spouses and dependents (upon verification of military status).
This reduction is valid off the standard tuition fee rate of the listed courses offered by Villanova University with online administration by Bisk. This reduction is not stackable with other reductions, and you may not use this reduction in conjunction with other reductions.
