PMGT 530 Procurement, Contracts and Risk Mgt
Each project from conception of an idea to the bidding and implementation process has both risk and reward. The basics of procurement, contract negotiations, and risk management are covered. Through experiences, readings and case study analysis, the fundamental tenets of procurement and contract sourcing for success are explored in real world scenarios. Project risk is reviewed and investigated for its role in the process of overall project management. The student is shown how to minimize risk and increase project success through risk management strategies.
Course ID: PMGT 530
Semester Hours: 3