MN3315 Acquisition Management and Contract Administration

This course focuses on the management functions and decision-making techniques involved in the award and administration of Best Value competitively negotiated contracts. The first phase of the course concentrates on the source selection phase of the acquisition process; specific topics include acquisition planning, market research, source selection planning, proposal development, solicitation management, source selection evaluation, contract award, and contractor debriefings. The second phase of the course emphasizes the performance phase of the acquisition process; specific topic areas include organizing for contract administration, transitioning to performance, quality management, subcontract management, financial management, performance monitoring, change management, and contract closeout. Emphasis is on the use of legal case studies and practical exercises.

Prerequisite

MN3303

Lecture Hours

4

Lab Hours

0

Course Learning Outcomes

• Acquire and refine the skills necessary to perform acquisition planning, market research, source selection evaluation, discussions/negotiations contract award, contract administration, and closeout.
• Develop a complete understanding of the requirements for planning and awarding government contracts under the competitive proposal methodology.
• Develop managerial competence to identify and deal with critical issues in pre-award contracting.
• Demonstrate understanding of the evaluation technical, cost, and management proposals.
• Develop a fundamental understanding of contract administration principles, policies, and practices.
• Develop a framework for management and control of contract administration.
• Develop managerial competence to identify and deal with key issues and concepts in contract administration.
• Develop a fundamental understanding of the nature of risk in the procurement process and the essential skills necessary to assess, control and monitor identified risks.