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Institution:
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Saint Edward's University
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Subject:
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Description:
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This course examines processes through which goods and services are acquired in a project environment. Topics include defining needs and requirements; contract and procurement strategies; legal issues; contract pricing alternatives; technical, management and commercial requirements; request-for-proposal development; source selection; invitations to bid; bid evaluation; contract negotiation and administration; dealing with change orders; and closing out contracts. In particular, students learn how to manage the stages of the procurement/contracting process: requirement, requisition, solicitation, award, and contract administration; identify the advantages and disadvantages of various contracting methods that are commonly used in projects; and understand the role of a contract administrator, which includes resolving contract ambiguity, handling contract changes, and terminating a contract. Prerequisites: BUSI 6303, MGMT 6316 and PROJ 6318.
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Credits:
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3.00
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Credit Hours:
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Prerequisites:
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Corequisites:
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Exclusions:
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Level:
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Instructional Type:
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Lecture
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Notes:
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Additional Information:
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Historical Version(s):
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Institution Website:
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Phone Number:
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(512) 448-8400
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Regional Accreditation:
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Southern Association of Colleges and Schools
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Calendar System:
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Semester
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