Course Description
An introduction to the program of study, providing the student with an overview of Contract Management philosophies, principles, processes and terminology. Particular attention will be paid to the phases of Contract Management: acquisition strategy, pre-award, contract award, post-award and contract closeout.
Contract Management Essentials Dec 2025Contract Management Essentials
Become familiar with the different steps of the contracting process for both buyers and sellers.
Become familiar with the different similarities and differences between project and contract managers.
Review the Uniform Contract Format.
Familiarize yourself with the Federal Acquisition Regulation and its role in government contracting.
Building trust, managing expectations, and honoring commitmentsDefine basic contract terms and use them effectively.List and define the five elements required to forma a contract: offer, acceptance, consideration, competent parties, and legality of purpose.Identify similarities and difference between public, commercial and international contract processes.Understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.
Define basic contract terms and use them effectively.
List and define the five elements required to forma a contract: offer, acceptance, consideration, competent parties, and legality of purpose.
Identify similarities and difference between public, commercial and international contract processes.
Understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.
Procurement and Contracting MethodsTo define basic contract terms and use them effectively.To display a working knowledge of how to use and interpret reference sources, such as the Federal Acquisition Regulation (FAR), Uniform Commercial Code (UCC), etc.To list and define the five elements required to form a contract: offer, acceptance, consideration, competent parties, and legality of purpose.To understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection, acceptance and contract clauses.
To define basic contract terms and use them effectively.
To display a working knowledge of how to use and interpret reference sources, such as the Federal Acquisition Regulation (FAR), Uniform Commercial Code (UCC), etc.
To list and define the five elements required to form a contract: offer, acceptance, consideration, competent parties, and legality of purpose.
To understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection, acceptance and contract clauses.
Contract pricing arrangements and the award phase of a contractTo define basic contract terms and use them effectively.To list and define the five elements required for form a contract.To describe the contract award process.To understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.To explain the uses of cost and pricing information.
To define basic contract terms and use them effectively.
To list and define the five elements required for form a contract.
To describe the contract award process.
To understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.
To explain the uses of cost and pricing information.
Post-award phase of a contract and the global CM - misconceptions and best practicesTo define the basic contract terms and use them effectively.To illustrate the contract process from identification of need to contract completion and closeout.To display a working knowledge of ow to use and interpret reference sources, such as the FAR and UCC.List and define the five elements required for form a contract.Identify similarities and differences between public, commercial, and international contract processes.Describe the contract award process.Differentiate between the contract types, i.e., Fixed Price, Cost-Reimbursable, and Time-and-Materials.Understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.Explain the uses of cost and pricing information.
To define the basic contract terms and use them effectively.
To illustrate the contract process from identification of need to contract completion and closeout.
To display a working knowledge of ow to use and interpret reference sources, such as the FAR and UCC.
List and define the five elements required for form a contract.
Identify similarities and differences between public, commercial, and international contract processes.
Describe the contract award process.
Differentiate between the contract types, i.e., Fixed Price, Cost-Reimbursable, and Time-and-Materials.
Understand the parts of a solicitation and contract, to include the statement of work, schedule, inspection and acceptance, and contract clauses.
Explain the uses of cost and pricing information.
Creating Value, Getting Results, and looking at CM Risk and OpportunitiesIllustrate the contract process from identification of need to contract completion and closeout.Display a working knowledge of how to use and interpret reference sources, such as the FAR and UCC.List and define the five elements required for form a contract.Identify similarities and differences between public, commercial and international contract processes.Describe the contract award process.Differentiate between the different contract types.Understand the parts of a solicitation and contract.Explain the uses of cost and pricing information.
Illustrate the contract process from identification of need to contract completion and closeout.
Display a working knowledge of how to use and interpret reference sources, such as the FAR and UCC.
List and define the five elements required for form a contract.
Identify similarities and differences between public, commercial and international contract processes.
Describe the contract award process.
Differentiate between the different contract types.
Understand the parts of a solicitation and contract.
Explain the uses of cost and pricing information.
CM Maturity Model and Enterprise Systems and ToolsDefine the basic contract terms and use them effectively.Illustrate the contract process from identification of need to contract completion and closeout.Display a working knowledge of resources, such as the FAR and UCC.List and define the five elements required to form a contract.Identify similarities and differences between public, commercial and international contract processes.Describe the contract award process.Understand the parts of a solicitation and contract.Explain the uses of cost and pricing information.Differentiate between the different contract types.
Define the basic contract terms and use them effectively.
Illustrate the contract process from identification of need to contract completion and closeout.
Display a working knowledge of resources, such as the FAR and UCC.
List and define the five elements required to form a contract.
Identify similarities and differences between public, commercial and international contract processes.
Describe the contract award process.
Understand the parts of a solicitation and contract.
Explain the uses of cost and pricing information.
Differentiate between the different contract types.
Teaming Arrangements and subcontractor management to our CM knowledge portfolioExplain the role of teaming arrangements and list the key elements of teaming agreements.Understand the different types of partnerships, such as Joint Ventures, Limited Liability Companies, etc.Describe Prime Contractor challenges and best practices.
Explain the role of teaming arrangements and list the key elements of teaming agreements.
Unde
rstand the different types of partnerships, such as Joint Ventures, Limited Liability Companies, etc.
Describe Prime Contractor challenges and best practices.
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