PM 630 - Contracting and Procurement in Project Management

Institution:

Colorado Technical University-Sioux Falls (Closed)

Subject:

Description:

Credits: 4 Prerequisite: PM600 This course includes writing, negotiating and adhering to contracts, as well as legal and ethical considerations. Procurement, including writing, clarifying and communicating specifications, is covered. There is an emphasis on contract administration and dealing with subcontractors. Topics include bidding; types of bids (e.g., RFQs, IFBs, and RFPs); types of contracts (e.g., fixed price, cost plus, fixed fee, and time and materials), their respective purposes and their impact on risk; and project contract negotiation. Changes in contracts, methods to resolve disputes, and writing clear Statements of Work (SOW) are discussed.

Credits:

4.00

Credit Hours:

Prerequisites:

Corequisites:

Exclusions:

Level:

Instructional Type:

Lecture

Notes:

Additional Information:

Historical Version(s):

Institution Website:

www.coloradotech.edu/Sioux-Falls

Phone Number:

(605) 361-0200

Regional Accreditation:

North Central Association of Colleges and Schools

Calendar System:

Quarter

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