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(CFM 420) Procurement and Contract Management

Explore the intricacies of contract bidding, awarding, and procurement processes in this course. Gain essential skills for successful management of contracts and procurement-related tasks in various professional settings.

Credit Hours 3.0 Lecture
Prerequisites CFM 285, Junior status
Offered Fall, spring
Programs Construction and Facilities Management (BS), Construction and Facilities Management Minor

Course Learning Outcomes

  1. Understand the advanced fundamentals of contract bidding and procurement processes.
  2. Develop the ability to identify, assess, and proactively mitigate risks associated with contracts to ensure project continuity and minimize potential disruptions.
  3. Evaluate different procurement metrics and strategies for effective decision-making.
  4. Demonstrate the ability to create and evaluate procurement documents and contracts.
  5. Develop critical skills for successful contract negotiation, clarification, awarding, and management in real-world scenarios.