PMGT 3640 - Project Cost and Procurement Management

Description

This course focuses on project management cost and procurement topics including: resource estimation, budgeting, planning, cost control, vendor selection/management, legal/ethical aspects, and scheduling of resources in the project environment.

Learning Objectives

  • Apply project management concepts to budgeting and cost control.
  • Determine project resource requirements, procurement plan, and schedule.
  • Develop proposal documentation and appropriate selection criteria to evaluate bids.
  • Describe best practices for contract negotiation and vendor relationships.
  • Identify legal and ethical issues regarding project procurement.
  • Analyze and report on cost and risk mitigations to meet project goals.
3

Credit Hours

Business Administration


Prerequisites

  • PMGT 3500 Minimum Grade: C and
  • ACCT 2101 Minimum Grade: C

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